The legislative body may authorize and provide for contributions to nonprofit educational radio and television stations, provided all of the following conditions exist:
- (a) The purpose of the contribution is to enable the citizens of the city to enjoy greater educational and cultural advantages.
- (b) A substantial number of the residents of the city live within the reception area of the station.
- (c) The station regularly broadcasts programs which have educational or cultural significance.
- (d) The contribution is to the general funds of the station and not for or in connection with any particular program.
- (e) The contribution is not accompanied, directly or indirectly, by any direction of, sponsorship of, control of, or restriction of any program or the content of any program.