(a) Every person, firm or corporation engaged in the business of furnishing within the city gas, electric, telephone or other public service, whose rates for furnishing such service are authorized by law to be regulated by the city council, whether his or its plant or properties are entirely located within the city or not, and whether such person, firm or corporation is also engaged in serving other cities, towns or villages or not, shall file an annual report with the city secretary on or before the 31st day of March of each year commencing with the 31st day of March, 1956.
(b) (1) Such report shall contain a full and accurate statement of:
(A) The actual cost of the property owned by such person, firm or corporation as of the 31st day of December of the preceding year, used and useful in rendering such service to the city, and the depreciation reserve;
(B) The income derived during the preceding calendar year by such person, firm or corporation from services furnished within the city; and
(C) The operating expenses incurred in rendering such services within the city.
(2) Such report shall be detailed and itemized in the forms which are attached to Ordinance 26, incorporated herein by reference and marked respectively, for gas companies exhibit A, for light and power companies exhibit B, and for telephone companies exhibit C, each of which has been initialed by the mayor of the city. Every such report shall be signed, in the case of a sole proprietorship by the owner, in the case of a partnership by each partner, and in the case of a joint stock company, business trust or corporation by the principal executive officer, as such officer, attested by the legal custodian of its books and records and sealed by him, and every sole proprietor, partner and principal executive officer so signing such report shall also swear, before any officer competent to administer oaths, to the truth of the information contained therein.
(c) Every person, firm or corporation who is required by this section to file annual reports, and who shall fail in any year to file the same in the form as required herein on or before the date upon which the same is due, shall be guilty of a misdemeanor, and upon proof thereof in any court of competent jurisdiction shall be fined in accordance with the general penalty provided in section
1.01.009 of this code for each day following the due date during which such report shall not have been filed. The penalties imposed herein shall be imposed as well upon every proprietor, partner, principal executive officer, secretary or other person charged with the duty of signing or filing the reports required by this section. The penalties herein provided may be collected as civil penalties in any court of competent jurisdiction.
(d) No person, firm or corporation required under the terms of this section to file annual reports shall, while delinquent in the filing of any such report, be granted by the city council any increase in the rates authorized to be charged for services rendered by such person, firm or corporation within the city.
(Ordinance 26 adopted 6/9/55; Ordinance adopting Code)