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end of each day. Cash register tapes tickets, and reconciliation of <br />the proceeding day's transaction shall be submitted to the City <br />monthly, or as required by the Contract Administrator. Operator <br />shall issue serial numbered tickets for each admission, and shall <br />keep an adequate record of said tickets; both issued and un- issued, <br />and shall be responsible for the distribution and collection of <br />monthly parking card and monthly revenues. <br />2. The Operator's book of account, records, and supporting source <br />documents related to this agreement or to business operations <br />conducted within or from the Premises shall be kept and made <br />available at one location within the limits of the County of Orange. <br />City shall, through its duly authorized agents or representative, <br />have the right to examine and audit said books of account, records, <br />and supporting source documents at any and all reasonable times <br />for the purpose of determining the accuracy thereof, and of the <br />monthly statements of sales made and monies received. <br />3. The City, upon request of Operator and, at the City's sole <br />discretion, may authorize the above - referenced books and records <br />to be kept in a single location outside the limits of Orange County <br />provided Operator shall agree to pay all expenses including, but <br />not limited to, transportation, food, and lodging necessary for the <br />City to send a representative to audit said books and records. The <br />Contract Administrator shall not exercise said right more than <br />twice each accounting year. <br />4. The full cost of said audit, as determined by City, shall be paid by <br />Operator if either or both of the following conditions exist: <br />(a) The audit reveals an underpayment of more than two percent <br />(2 %) between the balance of revenue due as reported and paid <br />by Operator in accordance with this Agreement, and the <br />balance of revenue due as determined by said audit. <br />(b) Operator has failed to maintain true and complete books, <br />records, accounts, and/or supportive source documents in <br />accordance with this agreement. The adequacy of records shall <br />be determined at the sole discretion of the City. Otherwise, <br />City shall bear the cost of said audit, excluding the <br />aforementioned expenses related to audit of documents kept <br />outside the limits of Orange County. <br />Upon the request of City, Operator shall promptly provide, at <br />Operator's expense, necessary data to enable City to fully comply <br />with any and every requirement of the State of California or the <br />