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 new mains during the immediately preceding franchise report period, together with the length and size of the mains. On this report the grantee shall show any change in franchise footage since the last franchise report period, segregating such footage as to new mains laid, old mains removed, old mains abandoned in place and the footage of mains in territory annexed since the last franchise report period. 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 mains laid 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. In those cases where the annual franchise report under § 114.016 is not required during the first five years, the report under this section shall, nevertheless, be filed annually as stated above, during the five-year period as well as thereafter.
('64 Code, § 10-87) (Ord. 168, passed 2-9-61) Penalty, see § 10.97