(A) Within three (3) months of the close of its fiscal year, a franchisee must file with the city an annual report that includes the following information:
(1) A summary of the previous calendar year's activities in development of the system.
(2) A financial statement, including a statement of income, a balance sheet, and the number of subscribers it served at the end of the year. The statement shall include notes that specify all significant accounting policies and practices upon which it is based.
(3) A copy of updated maps depicting the location of all trunks where there was construction in the year of the report.
(4) If the franchisee is a corporation, a list of officers and members of the board and the officers and board members of any parent corporation; and where a parent corporation's stock is publicly traded, a copy of its most recent annual report.
(5) A list of all partners or stockholders holding five percent (5%) or more ownership interest in the franchisee and any parent corporation; provided, however, when any such entity has fewer than ten (10) persons holding five percent (5%) ownership interest, the ten (10) largest such holders.
(6) A copy of all the franchisee's rules and regulations applicable to subscribers and users of the cable system.
(B) A franchisee must maintain a complete set of books and records available for inspection upon reasonable prior notice by the city during normal business hours.
(C) Upon written request of the franchisee and approval by the City Attorney, information of a proprietary nature submitted to the city pursuant to this chapter or a franchise agreement will not be made available for public inspection.
(Ord. 90-11-15, passed 11-15-90)