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(m)The City shall make all reasonable good -faith efforts to process reimbursement <br />requests within 15 working days and to issue a reimbursement check for the approved amount or <br />make equivalent electronic payment to SABC. <br />(n) In the event questions arise relating to the balance of funds available to SABC, <br />SABC may within 15 days of notification request an accounting by the City of the amount of net <br />finds available for reimbursement to SABC. <br />(o) In the event questions arise relating to the amount of any specific reimbursement to <br />SABC approved by the City, SABC may, within 15 days of such reimbursement payment, <br />request that the City re- evaluate the amount of such reimbursement. Thereupon the City shall re- <br />evaluate the amount of such reimbursement and give written notification of its decision to SABC <br />which shall be final and conclusive. <br />§ 2.02 Annual Financial Statement and Audit <br />Within sixty (60) days following notice by the City, SABC shall submit to the City Manager <br />a complete statement of SABC's revenues and expenditures and a financial audit for the preceding <br />calendar year prepared by an independent certified public accountant. <br />§ 2.03 Financial Records <br />SABC shall keep, or cause to be kept, true, accurate and complete records, including <br />double -entry books, a profit and loss statement, and a balance sheet, such that if possible at all times <br />to determine the amount and nature of all revenues and expenditures. All expenditures and <br />transactions shall be supported by documents of original entry such as sales slips, cash register <br />tapes, and purchase invoice and receipts. All such account books, statements, balance sheets and <br />supporting documents shall be retained by SABC for a period of three (3) years after the end of the <br />accounting year to which they pertain. <br />§ 2.04 Accounting Procedures <br />SABC shall maintain a system of accounting according to Generally Accepted Accounting <br />Practices. <br />§ 2.05 Inspection and Audit <br />City shall be entitled, during the term of this Agreement and for a period of one year <br />following the termination, to: <br />(a) inspect and examine all of SABC's books, statements, records, and supporting <br />documents to ascertain the correctness of SABC's financial statements. Any such inspection andlor <br />examination shall be conducted during normal business hours with prior 15 days written notice to <br />6 <br />