The grantee shall file the following reports
with the city:
A.
An annual report setting forth the physical miles
of plant construction and plant in operation during the fiscal year
shall be submitted to the city. Such report shall also contain any
revisions to the system as-built maps filed with the city. The annual
report shall be provided in February.
B.
The grantee shall submit to the city the required
performance bond, or a certified copy thereof, and written evidence
of payment of required premium and all policies of insurance required
by this chapter, or certified copies thereof, and written notice of
payment of required premium.
C.
The following financial reports for the franchise
area shall be submitted annually to the city 90 days after the end
of the grantee's fiscal year:
(1)
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 10% or more.
(2)
An annual and certified income statement from the
previous calendar year, including subscriber revenue from each category
of service.
(3)
An annual list of officers and members of the board
of grantee and of any parent corporation.
D.
The grantee shall prepare and furnish to the city
at the times and in the form prescribed such additional reports with
respect to its operation, affairs, transactions or property as may
be reasonably necessary and appropriate to the performance of any
of the rights, functions or duties of the city in connection with
this chapter or the franchise.
A.
Any person or corporation seeking a telecommunications
franchise shall meet the requirements established by the city and
submit an application which meets all requirements of this chapter.
Such application shall, at a minimum, contain the following:
(1)
A description of the telecommunications system services
desired by the applicant, including any system specifications established
by the city, and the applicant must prepare and present a proposed
franchise agreement.
(2)
A description of the legal, technical and financial
qualifications of the applicant and the applicant's ability to construct,
operate and maintain the telecommunications system as proposed.
(3)
The name, address and telephone number of the applicant
who may be contacted for further information.
B.
Requirement for formal action on reasonable notice.
The city shall give notice to any applicant prior to acting on any
telecommunications franchise. The meeting shall be conducted by the
City Council in accordance with the following procedures:
(1)
There shall be an agenda for the meeting which shall
specify the proposal(s) to be considered at the meeting.
(2)
Any person who has applied for a telecommunications
franchise may appear at the meeting either in person or by authorized
representative.
(3)
All persons shall be given an opportunity to participate
in the meeting, but nothing contained herein shall limit the power
of the City Council to establish reasonable time limits and otherwise
limit repetitive statements or questions.
(4)
Copies of all franchise applications shall be made
available for public inspection during normal business hours in the
office of the City Clerk.
C.
Subject to the applicable law, the City Council, in
its sole and exclusive discretion, may reject any application for
a franchise.
All revenues received by the city as a result
of this Telecommunications Ordinance shall be utilized as follows:
A.
Fifty percent of those revenues shall be deposited
into the city's General Fund.
B.
Fifty percent of those revenues shall be deposited
into a separate fund account entitled "building maintenance account."
The funds in the building maintenance account shall be used for the
repair and maintenance of city-owned properties.
