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The full cost of any audit by the City, as determined by the City, shall be <br />borne by the Operator if either or both of the following conditions exist: <br />1. the audit reveals an underpayment of more than two percent (2%) <br />of gross receipts reported and paid by the Operator in accordance <br />with this Agreement when compared with the gross receipts which <br />should have been reported and paid as revealed by audit; <br />2 The Operator has failed to maintain true and complete books, <br />records, accounts and supporting source documents in accordance <br />with Paragraph A (Records) of this Section. The adequacy of such <br />books, records, accounts, and supporting source documents shall <br />be determined at the sole discretion of the City. Otherwise, the <br />City shall bear the cost of said audit, excluding the aforementioned <br />expenses related to audit of documents kept outside the limits of <br />Orange County. <br />Upon request of the City, the Operator shall promptly provide, at <br />the Operator's expense, necessary data to enable the City to fully <br />comply with any and every requirement of the State of California <br />or the United States of America for information or reports relating <br />to this Agreement. <br />F. Records and Audits: <br />Except as other wise provided herein, all parking charges shall be <br />recorded by means of cash registers or other comparable devices as <br />provided for Operator's use by City which display to the customer <br />the amount of the transaction and automatically issue a receipt. <br />The registers shall be equipped with devices, which lock, in <br />parking charge total and other transaction numbers and details. <br />Totals registered shall be read and recorded at the beginning and <br />end of each day. Cash register tapes tickets, and reconciliation of <br />the proceeding day's transaction shall be submitted to the City <br />monthly, or as required by the Contract Administrator. Operator <br />shall issue serial numbered tickets for each admission, and shall <br />keep an adequate record of said tickets; both issued and un-issued, <br />and shall be responsible for the distribution and collection of <br />monthly parking card and monthly revenues. <br />2. The Operator's book of account, records, and supporting source <br />documents related to this agreement or to business operations <br />conducted within or from the Premises shall be kept and made <br />available at one location within the limits of the County of Orange. <br />City shall, through its duly authorized agents or representative, <br />have the right to examine and audit said books of account, records, <br />7 <br />25D-37