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FULL PACKET_2012-11-19
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FULL PACKET_2012-11-19
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4/6/2017 4:32:19 PM
Creation date
11/15/2012 6:14:03 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Date
11/19/2012
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and supporting source documents at any and all reasonable times <br />for the purpose of determining the accuracy thereof, and of the <br />monthly statements of sales made and monies received. <br />3. The City, upon request of Operator and, at the City's sole <br />discretion, may authorize the above - referenced books ane <br />to be kept in a single location outside the limits of Oran! R <br />provided Operator shall agree to pay all expenses includh <br />not limited to, transportation, food, and lodging tecessar <br />City to send a representative to audit said books and recd <br />Contract Administrator shall not exercise sand ri 'ht more <br />twice each accounting year. <br />4. The full cost of said audit, as determined by City, shall b <br />Operator if either or both of the following conditions exi <br />(a) The audit reveals . an underpayment of more than five <br />(5 %) between the balance of revenue due as reported <br />by Operator in accordance with this Agreement, and <br />balance of revenue due as determined by said audit. <br />has failed to iiiantain true and complete <br />accordance with this agreement. The adequacy of records shall <br />8 <br />
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