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ORDINANCE NO. 1363
AN ORDINANCE OF THE CITY COUNCIL
OF THE CITY OF ARCADIA, CALIFORNIA
AMENDING CHAPTER 7 OF ARTICLE VII
OF THE ARCADIA MUNICIPAL CODE BY
RENUMBERING SECTIONS 7721.1.9 AND
7721.1.10 THEREOF,' BY ADDING THERETO
A NEW SECTION 7721.1.9 AND BY AMENDING
SECTIONS 7711.9 AND 7731.2.6.1 THEREOF.
THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES
ORDAIN AS FOLLOWS:
SECTION 1. That Sections 7721.1.9 and 7721.1.10 of the
Arcadia Municipal Code are hereby renumbered respectively 7721.1.10
and 7721.1.11.
SECTION 2. That Chapter 7 of Article VII of the Arcadia
Municipal Code is hereby amended by adding thereto a new Section
7721.1.9, the same to read as follows:
7721.1.9. SAME. FISCAL YEAR. A descriptiQn of the basis
and fiscal year upon which the books and records of applicant are
maintained.
SECTION 3. That Sections 7711.9 and 7731.2.6.1 of the
Arcadia Municipal Code are hereby amended to read respectively as
follows:
7711. 9. GROSS FISCAL YEAR RECEIPTS. "Gross Fiscal Year
Receipts" shall mean any and all compensation and other considera-
tion in any form whatever, including all installation and line ex-
tension charges, and any contributing grant or subsidy received
directly or indirectly by a grantee during a fiscal year of such
grantee from subscribers or users in payment for television or FM
radio signals or service received within the City. Gross Fiscal
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Year Receipts shall not include any taxes on services furnished by
the grantee imposed directly on any subscriber or user by any city,
state or other governmental unit and collected by the grantee for
such governmental unit.
7731.2.6.1. SAME. SAME. FINANCIAL STATEMENT. The grantee
shall file with the City, within sixty (60) days after the expiration
of sum company I s fiscal year or portion thereof during which such
franchise is in force, a financial statement prepared by a certified
public accountant, showing in detail the gross fiscal year receipts,
as defined herein, of grantee during the preceding fiscal year or
portion thereof. It shall be the duty of the grantee to pay to the
City, within ten (10) days after the time for filing such statements,
the sum hereinabove prescribed or any unpaid balance thereof for the
fiscal year or portion thereof covered by such ~tatements.
SECTION 4. The City Clerk shall certify to the adoption,
of this ordinance.
I HEREBY CERTIFY that the foregoing ordinance was adopted
adjourned
at roYregular meeting of the City Council of the City of Arcadia held
on the 18th day of October ,1967, by the affirmative vote of at
least three Councilmen, to wit:
AYES:
NOES:
Councilmen Arth, Butterworth, Forman, Hage
and Considine
None
ABSENT: None
SIGNED AND APPROVED this
18th
of .october , 1967.
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