A. Grantee shall submit a written end of the year report to grantor with respect to the preceding calendar year containing the following information:
1. A summary of the previous year's (or in the case of the initial reporting year, the initial year's) activities in development and operation of the cable system, including, but not limited to, services begun or discontinued during the reporting year.
2. A list of grantee's officers, members of its board of directors, and other principals of grantee.
3. A list of stockholders or other equity investors holding five percent (5%) or more of the voting interest in grantee.
4. Information as to the number of subscribers and the number of basic and pay service subscribers.
5. The city, including its agents and representatives, shall have the authority, during normal business hours, to arrange for and conduct an inspection of annual reports required pursuant to this chapter or a permit agreement. The city shall give the grantee twenty four (24) hours written notice of the inspection request. If the requested information is proprietary in nature or must be kept confidential by state, federal or local law, upon proper request by grantee, such information obtained during such an inspection shall be treated as confidential making it available only to those persons who must have access to perform their duties on behalf of the city, including, but not limited to, the city manager, city attorney and city clerk. To the extent any federal requirement for privacy applies to the information to be submitted, said law shall control.
B. All reports and records required under this chapter shall be furnished at the sole expense of grantee, except as otherwise provided in this chapter or the permit agreement. (Ord. 6007, 8-23-2004)