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i <br /> i wtv <br /> (f) The grantee shall, use the highest standard of i <br /> i <br /> care to protect the privacy of all subsca:ibors to the CXCV } <br /> system, and the system shall be designed, constructed and <br /> maintained to that el"C_ <br /> I <br /> Section XIII. Remuneration to County. { <br /> k <br /> withip sixty (GO) days after the close of its first � <br /> I <br /> fiscal year after acceptance of a franchise, and each <br /> succeeding fiscal year thereafter during the life of the franchise <br /> the grantee shall oav to the county for the privilege of construct- <br /> incg, operating and maintaining the CATV system as :defined in <br /> 4 <br /> section II, and for the prika lege of prow i d;ng the GATV service <br /> I <br /> as defined in section II during the ensuing fiscal year, a sum <br /> equal to three per cent `43`l) of its gross annual receipts <br /> during the preceding year. <br /> I � <br /> Within forty--five (43) days after the expiration of I <br /> i the grantee's fiscal year, the grantee shall file %,:L th the <br /> i <br /> county a financial statement prepared by a certified public i <br /> a <br /> i accountant, or other person satisfactory to the board, showing ir. j <br /> i <br /> detail the gross annual receipts, as defined herein, of grantee � <br /> during such fiscal year. The payment of this fee is in addition <br /> to any ad valorem taxes which the county may levy an the grantee's <br /> real or personal property. At any time during the three (3) <br /> �j fiscal years following the payment of the annual fee, the county <br /> shall have the right to inspect the grantee's records showing i <br /> the gross annual receipts from which these payments are <br /> computed and the right of audit and recomputation of any and all <br /> amounts under this ordinance. Acceptance of payments hereunder <br /> shall not be construed as a release or as an accord and sans- <br /> 5 1 <br /> faction of any claim '"lie county may have for further or i <br /> a <br /> additional sums payable under this ordinance or for the performanc <br /> E <br /> -17- of any other obligations hereunder. In the event of ha7ding over <br /> ' COLEMA::,BER%,"oLZ <br /> Dtcz5fts4N after expiration or other termination of any franchise granted , <br /> ATTORNEYS AT LAW <br /> f CILVEL.HiLL.N.G. hereunder, without the consent of the county, the grantee shall <br /> ;:ILISBOtSOUGIi,N.C. <br /> pay to the county reasonable compensation and damages, of not <br /> less than one hundred per cent (100%) of its total.. gross <br />