Auditor’s Report. Within ninety (90) days after the close of each fiscal or calendar year (depending on the Urban Renewal Entity’s accounting basis) that this Agreement shall continue in effect, the Urban Renewal Entity shall submit to the City Council, the Tax Collector and the City Clerk, who shall advise those municipal officials required to be advised, and the Division of Local Government Services in the State Department of Community Affairs, its Auditor’s Report for the preceding fiscal or calendar year. The report shall clearly identify and calculate the Net Profit for the Urban Renewal Entity during the previous year. The Urban Renewal Entity assumes all costs associated with preparation of the periodic reports.
Appears in 6 contracts
Samples: Financial Agreement, Financial Agreement, Financial Agreement
