(A) (1) Each franchisee shall file with the Board of Commissioners quarterly reports of gross subscriber revenues signed by a certified public accountant and prepared in accordance with regulations of the Board of Commissioners.
(2) Each franchisee shall also allow the Board of Commissioners to audit all of its accounting and financial records upon reasonable notice; make available all of its plans, contracts and engineering, statistical, customer and service records relating to its system and all other records required to be kept hereunder.
(3) Each franchisee shall, at all times, maintain complete, accurate books of account, records of its business and operations and all other records required by this chapter or the franchise.
(B) Each franchisee shall file annually with the Board of Commissioners an ownership report, indicating all persons who at any time during the preceding year did control or benefit from an interest in the franchise of 1% or more and all creditors, both secured and unsecured, in excess of $1,000.
(C) Each franchisee shall also file annually with the Board of Commissioners copies of all rules, regulations, terms and conditions which it has adopted for the conduct of its business.
(D) Copies of all petitions, applications and communications submitted by the franchise to the Federal Communications Commission, Securities and Exchange Commission or any other federal or state regulatory commission or agency having jurisdiction in respect to any matters affecting CATV operations authorized pursuant to the franchise shall be submitted simultaneously to the town.
(1988 Code, § 111.10) (Ord. passed 10-2-1979) Penalty, see § 10.99
Cross-reference:
Permits to be filed with Board of Commissioners, see § 111.15