§ 8.08.170. Franchisee's books and records.  


Latest version.
  • A.

    The franchisee shall maintain all records relating to the services provided hereunder, including, but not limited to, customer lists, billing records, customer complaints, accounts payable records, financial audits, maps and the Act compliance records, for a period of not less than three years, or any longer period required by law. The town shall have the right, upon five days advance written notice, to inspect all records which reasonably relate to the franchisee's compliance with the provisions of this chapter and the agreement. Such records shall be made available to the town at the franchisee's regular place of business, but in no event outside the County of Butte.

    B.

    Should any examination or audit of franchisee's records reveal an underpayment of any fee required pursuant to this chapter or the franchise agreement, the amount of such underpayment shall become due and payable to town not later than fifteen days after written notice of such underpayment is sent to franchisee by the town. Should an underpayment of more than three percent be discovered, the franchisee shall bear the entire cost of an audit of franchise fees.

(Ord. No. 459, §§ 1, 2, 3-27-2007; Ord. 257, § 2(part), 1995)