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