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A. No later than April 30 of each year or 120 days after the close of the licensee’s fiscal year, the licensee will present a written report to the City, certified as being correct by an officer of the company and that includes:

1. Full financial statements for the previous year, including income statement, balance sheet, cash flow statement, and appropriate explanatory footnotes, for the licensee or any parent company. Financial statements for the licensee or any parent company will be audited by an independent CPA, and all other statements must be certified by an officer of the licensee to be an accurate reflection of licensee’s books and records. If any audited financial report has not been published by the date due under this section, then the audited financial report will be deemed presented on time if presented within 30 days after publication. Upon request by City, the licensee will also provide an oral briefing to the City Manager of its financial condition, including revenues, operating expenses and capital expenditures for the previous year.

2. The following information specific to the City:

a. Gross revenues from each source attributable to operations within the City;

b. A summary of the previous year’s major operations that shows each license area separately, including the total number of subscribers for each category of service, the number of homes passed, miles of cable plant, other significant system facilities or equipment added or deleted, any services added or dropped, and any significant technological changes occurring in the system;

c. A summary of complaints received and their disposition; and

d. Projected plans for the future.

B. No later than April 30 of each year, the licensee will provide a written report of any performance tests performed for the cable system. The City may establish a performance testing process if there are no FCC standards.

C. The licensee will prepare and provide to the City, at the times and in the form prescribed, additional reports with respect to its operation, affairs, transactions, or property, as may be reasonably necessary and appropriate to review the performance of the licensee under its license. Upon request, the licensee will make available to City at licensee’s offices, complete design maps of the cable or video services system. Upon request the licensee shall furnish the City with a copy of any agreements relating to the license between the licensee and any utility that provide for the use of any facility of the utility.

D. At specified intervals and in a mapping format compatible with the current City electronic mapping format, the licensee will provide the City up-to-date route maps of a suitable scale showing all transmitting and receiving pickup locations, the fiber and coaxial plant, and coaxial amplifiers and pedestal locations.

E. Misrepresentation, material variances between the actual facts and the reports, or significant tardiness in complying with this section will be grounds for the City’s use of appropriate remedies under this chapter. (Ord. No. G-6034, 2015)