(a) The permittee shall pay monthly to the City and County of San Francisco in lawful currency of the United States an amount of money equal to the greater of $75, or 35 percent of the total gross receipts generated by the usage of each and every public telephone installed and maintained under the provisions of this Article. Such payments shall be made monthly by every permittee to the Controller of the City and County of San Francisco together with a full, true and correct statement of all its gross receipts from each and every public telephone for the preceding month. The permittee shall file with the Director of Public Works annual reports covering each 12-month period, ending June 30th. Such reports shall be submitted no later than 30 calendar days after the end of each period and shall include the total number of public telephones in operation, the gross receipts and the total amount paid to the City and County of San Francisco for the last expired period.
(b) The permittee shall at all times keep and maintain a full, true and correct account of its gross receipts, of every kind and nature, including noncoin receipts and revenues from service enhancements, from each and every public telephone installed and maintained under the provisions of this Article, which said accounts, and all books, records, correspondence and documents of the company in connection therewith shall at all times be open to audit, inspection and examination by the Controller of said City and County of San Francisco.
(Added by Ord. 122-70, App. 4/17/70; amended by Ord. 287-92, App. 9/16/92; Ord. 139-98, App. 5/1/98)