Within 90 days after the expiration of each franchise report period, the grantee shall file with the Director of Public Works an annual report in triplicate, showing the permit number of each permit obtained for the installation of any and all new underground conduits, cables or other facilities during the immediately preceding franchise report period, together with the length and size of such new underground conduits, cables or facilities installed. On this report the grantee shall show any change in the franchise footage since the last franchise report period, segregating such footage as to new facilities installed, old facilities removed, old facilities abandoned in place and the footage of facilities installed in territory annexed. In addition to the annual payment required by § 114.011, the grantee shall pay an initial construction charge as determined from time to time by resolution of the City Council or by state law, if applicable, for all new underground conduits, cables or facilities installed during the franchise report period. With the report required by § 114.016, the grantee shall file the report required by this section accompanied by both the annual payment, if any, and the initial construction charge if any.
('64 Code, § 10-94) (Ord. 168, passed 2-9-61) Penalty, see § 10.97