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Ordinance No. 367 - Community Antenna Television SystemP~,' . • ' .~ ORDINANCE N0. 367 AN ORDINANCE OF THE CITY OF ROSEMEAD AMENDING THE REQUIREMENTS FOR COMMUNITY ANTENNA TELEVISION SYSTEM FRANCHISES AND AMENDING THE MUNICIPAL CODE. THE CITY COUNCIL OF THE CITY OF ROSEMEAD DOES HEREBY ORDAIN AS FOLLOWS: Section 1. That Section 6705 be amended to read as follows: (deleted portions dashed and added portions underlined) 6705 Franchise Payments (a) Subject to subsection (d), any grantee granted a franchise un er this chapters a 1 pay to the City, during the life of such franchise, five per cent (5$) of the gross annual receipts of grantee. H®Weve~;-a€~e~+-~Ae-€3Pe~-€n~~-ea~eRdaP-year•e€-aepviee, (c) Subject to subsection (d), the grantee, upon the effective date of its franc ise, shall a required to reimburse Ci for its estimated engineering, administrative and legal expenses w are incurred in connection with the processing, evaluation and pre o'~documents relating to such franchise, and which exceed revenues the Citv obtains from anv annlicable business icense ees impose • (f) The grantee shall file with the City, within forty-five (45) days after the expiration of any calendar year or portion thereof during which such franchise is in force, a financial statement prepared by a certified public accountant, or person otherwise satisfactory to the City, showing in detail the gross annual receipts, as defined herein, of grantee during the preceding, calendar year or portion thereof. It shall be the duty of the grantee to pay to the City, within fifteen (15) days after the time for filing such statements, the sum hereinabove prescribed or any unpaid balance thereof for the calendar year or portion thereof covered by such statements. Such payment by the grantee to the City shall be made semi-annually, or as otherwise. provided in the grantee's franchise, by delivery of the same to the City Clerk. ~`~ ORD. 367 • • (g) The City shall have the right to insg~ect the grantee's records showing the gross receipts from which its franchise payments are computed and the right of audit and re- computation of any and all amounts paid under this chapter. No acceptance of any payment shall be construed as a release or as an accord and satisfaction of any claim the City many have for further or additional sums payable under this chapter or for the performance of any other obligation hereunder. (h) Zn the event of any holding over after expiration or other termination of any franchise gratned hereunder, without the consent of the City, the grantee shall pay to the City reasonable compensation and damages, of not less than one hundred per cent (100$) of its total. gross profits during said period. Section 2. That Section 6706 be amended by adding subsection (1) to read as follows: (1) Section 3. That Section 6717 (c) be amended to read as. follows: (added portions underlined) "6717 Miscellaneous Provisions. (c) The grantee shall maintain an office within the Ci limits. The rantee shall s ecif rocedures for investieations and reso ution o all comp aints_re • '/ ' PASSED, APPROVED AND ADOPTED this day of _,1973 ~ A -~0 TH C Y OF E ATTEST: 1 L RK State of Cali mania, ) ` County of Los~geles, ) .~ • City of Rosemead. ) I, Jenny E.. Davenport, City-Clerk of the City of Rosemead _.