The City officer responsible for accounting shall keep a
separate record for each grantee of a franchise from the City rendering service
to be paid for wholly or in part by users of such service, which record shall
show in the case of each such grantee:
1. The true and entire cost of construction, of equipment, of maintenance
and of the administration and operation thereof; the amount of stock issued, if
any; the amount of cash paid in, the number and par value of shares, the amount
and character of indebtedness, if any; the rate of taxes, the dividends
declared; the character and amount of all fixed charges; the allowance, if any,
for interest, for wear and tear or depreciation; all amounts and sources of
income. 2. The amount collected annually from the City treasury and the
character and extent of the service rendered therefor to the City.
3. The amount collected annually from other users of the service and
the character and extent of the service rendered therefor to them. Such books of
record shall be open to public examination at any time during City business
hours. Such information, in addition to any further data which may be required
by the City, under this Charter, shall be furnished by the grantees or holders
of such franchises upon request, and at such grantee's own cost and expense.
4. In case any grantee or holder of a franchise fails or refuses to
furnish such information when requested so to do on petition being presented on
behalf of the City to the circuit court, such court shall have jurisdiction to
compel such grantee or owner to furnish such information and tax the costs of
such application against the defendant in such proceedings and in addition may
impose a fine of not less than twenty-five dollars ($25) nor more than five
hundred dollars ($500) for every such offense. All fines collected under this
Section shall be paid into the General Fund. The procedure on such application
shall be as far as possible analogous to that on mandamus.
[May 3, 1913, new sec. 81; rev. 1914, sec. 180; 1928 pub., sec. 180; 1942
recod., sec. 10-214; am. May 20, 1986.]
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