The licensee shall be responsible for the preparation and timely submission to the Director of the following designated reports:
(a) Annual Reports. Within 120 days after the close of the licensee’s fiscal year, the licensee shall submit a written annual report in such form as established by the Director, including, but not limited to, the following:
(1) A summary of the previous year’s (or in the case of the initial report year, the initial year) activities and development of the cable system, including services begun or discontinued during the reporting year, and the number of subscribers for each class of service;
(2) A revenue statement, audited by an independent certified public account, or certified by an officer of the licensee;
(3) A statement of projected construction, if any, for the next two years;
(4) A list of the licensee’s officers, members of its board of directors, and other principals;
(5) A list of stockholders or other equity investors holding five percent or more of the voting interest of the licensee and/or its parent (unless its parent is a public corporation whose annual reports are publicly available), affiliated corporations, and other entities, if any.
(b) Periodic Reports. The licensee shall furnish to the Director progress reports and maps indicating in detail the location of existing construction of the system. Such periodic reports and maps shall be furnished at six months intervals beginning with the effective date of the license.
(c) License Payment Report. The licensee, during the entire term of the license, within 60 days after the expiration of each license payment period, shall file with the Treasurer/Tax Collector and the Department a license payment report, verified by oath of the licensee or by the oath of a duly authorized representative of the licensee, setting forth in detail the computation of the amount of licensee payment due for the immediately preceding payment period. The report shall be completed on a form provided by the Director.
(d) Public Reports. If public reports are issued, a copy of each of the licensee’s annual and other periodic public financial reports and those of its parent, subsidiary and affiliated corporations and other entities, if any, shall be submitted to the County within 30 days after receipt of the County’s request.
(e) Federal and State Reports. The licensee may be required to submit to the County copies of pleadings, applications, notifications, communications, and documents of any kind, submitted by the licensee, and copies of all decisions, correspondence, and actions by, any Federal, State, or local courts, regulatory agencies, or other government entities relating to its cable television operations within the license area. The licensee shall submit such documentation to the County not later than 30 days after receipt of a County request to do so.
(f) Cost of Reports. All reports and records according to this or any other section of this Chapter shall be furnished at the sole expense of the licensee.
(Ord. 1281, passed - -1966; Am. Ord. 2053, passed - -1976; Am. Ord. 2667, passed - -1982; Am. Ord. 3440, passed - -1991)