Common use of Public Accounting Clause in Contracts

Public Accounting. If the City makes a written request for a public accounting of Lessee’s financial transactions for an operating year that falls within the term of this Agreement, Lessee agrees to provide the Director of Parks and Recreation with a public accounting of its financial transactions. Lessee agrees to provide the public accounting within 60 days of the City’s written request. Such accounting shall be in the form of a report of income and expenses and a balance sheet of Lessee’s assets and liabilities for the requested operating year.

Public Accounting. If the City makes a written request for a public accounting of LesseeUser’s financial transactions for an operating year that falls within the term of this Agreement, Lessee agrees to provide the Director of Parks and Recreation with a public accounting of its financial transactions. Lessee User agrees to provide the public accounting within 60 days of the City’s written request. Such accounting shall be in the form of a report of income and expenses and a balance sheet of LesseeUser’s assets and liabilities for the requested operating year.