Laserfiche WebLink
<br /> /0/ ¡;; <br /> Page 5 <br /> V. <br /> RECORDS <br /> A. EDC and Chamber agree to provide access to an authorized <br /> representative of city to their financial records pertaining to <br /> -~~ performance under this contract during reasonable working hours. <br /> B. EDC and Chamber agree to maintain financial portions of <br /> these records in accordance with generally accepted accounting <br /> principles. <br /> c. EDC and Chamber agree to retain the records for one year <br /> after termination of this contract. <br /> D. EDC and Chamber agree to submit to the city an annual <br /> financial report and an audit prepared by a certified public <br /> accountant. . <br /> VI. <br /> A. The term of this Agreement shall commence and become <br /> effective on October 1, 1993, and shall terminate one year after <br /> that date. <br /> VII. <br /> , ,\ supplies, vehicles and <br /> The Chamber shall keep lts equlpment, <br /> other assets separate from those purchased with EDC funds and to be <br /> used in the performance of this Agreement. The latter shall be <br /> inventoried and identified as property of the EDC. Inventory lists <br /> shall be provided by the Chamber to the EDC and the city. <br /> Subsequently acquired assets of this nature shall be similarly <br /> separated from Chamber assets, inventoried and identified. <br />