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The City shall, through its dully authorized agents or representatives, have <br />the right to examine and audit said books of accounts and records and <br />supporting source documents at any and all reasonable times for the <br />purpose of determining the accuracy thereof, and of the monthly <br />statements made and monies received. <br />The City upon request of the Operator and at the City's sole discretion, <br />may authorize the above - referenced books and records and supporting <br />source documents to be kept in a single location outside the limits of <br />Orange County provided the Operator shall agree to pay all expenses, <br />including but not limited to transportation, food, and lodging, necessary <br />for the City to audit said books and records. <br />The full cost of any audit by the City, as determined by the City, shall be <br />borne by the Operator if either or both of the following conditions exist: <br />the audit reveals an underpayment of more than two percent (2 %) <br />of gross receipts reported and paid by the Operator in accordance <br />with this Agreement when compared with the gross receipts which <br />should have been reported and paid as revealed by audit; <br />2 The Operator has failed to maintain true and complete books, <br />records, accounts and supporting source documents in accordance <br />with Paragraph A (Records) of this Section. The adequacy of such <br />books, records, accounts, and supporting source documents shall <br />be determined at the sole discretion of the City. Otherwise, the <br />City shall bear the cost of said audit, excluding the aforementioned <br />expenses related to audit of documents kept outside the limits of <br />Orange County. <br />Upon request of the City, the Operator shall promptly provide, at <br />the Operator's expense, necessary data to enable the City to fully <br />comply with any and every requirement of the State of California <br />or the United States of America for information or reports relating <br />to this Agreement. <br />F. Records and Audits: <br />Except as other wise provided herein, all parking charges shall be <br />recorded by means of cash registers or other comparable devices as <br />provided for Operator's use by City which display to the customer <br />the amount of the transaction and automatically issue a receipt. <br />The registers shall be equipped with devices, which lock, in <br />parking charge total and other transaction numbers and details. <br />Totals registered shall be read and recorded at the beginning and <br />7 <br />