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Part 1
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Vol. 2- City of Santa Ana Financing Authority (Police Administration and Holding Facility)
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Part 1
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SECTION 10. AGREEMENT NOT EXCLUSIVE <br /> This Agreement shall not be exclusive and shall not be <br /> deemed to amend or alter the terms of other agreements between the <br /> City and the Agency, except as the terms of this Agreement shall <br /> conflict therewith, in which case the terms of this Agreement shall <br /> prevail. <br /> SECTION 11. ACCOUNTS AND REPORTS <br /> The Authority shall establish and maintain such funds and <br /> accounts as may be required by good accounting practice. The books <br /> and records of the Authority shall be open to inspection at all <br /> reasonable times by the City and the Agency and their <br /> representatives. The Authority shall give an audited written <br /> report of all financial activities for each fiscal year to the City <br /> and the Agency within 210 days after the close of each fiscal year. <br /> The Controller of the Authority shall either make or <br /> contract with a certified public accountant or public accountant to <br /> make an annual audit of the accounts and records of the Authority. <br /> In each case the minimum requirements of the audit shall be those <br /> prescribed by the State Controller for special districts under <br /> Section 26909 of the Government Code of the State of California and <br /> shall conform to generally accepted auditing standards. When such <br /> an audit of any accounts and records is made by a certified public <br /> accountant or public accountant, a report thereof shall be filed as <br /> a public record with the City and the Agency. Such report shall be <br /> filed within 12 months of the end of the fiscal year or years under <br /> examination. <br /> [A1-45527.2 11 <br />
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