Pursuant to California Government. Code Section 10527, the parties to this Agreement shall be subject to the examination and audit of representative of the Auditor General of the State of California for a period of three (3) years after final payment under the Agreement. The examination and audit shall be confined to those matters connected with the performance of this Agreement including, but not limited to, the cost of administering the Agreement.
Pursuant to California Government. Code Section 65868.5, no later than ten (10) days after City enters into this Agreement, the City Clerk shall record an executed copy of this Agreement in the official records of the Placer County Recorder’s Office and thereafter provide Developer with a copy of the recorded Agreement.
Pursuant to California Government. Code Section 8546.7, the Parties shall be subject to the examination and audit of the State Auditor, at the request of VTA or as part of any audit of VTA by the State Auditor, for a period of three years after final payment under this Agreement. The examination and audit shall be confined to those matters connected with the performance of this Agreement including, but not limited to, the cost of administering the Agreement.
Pursuant to California Government. Code Section 8546.7, the parties acknowledge that every contract involving the expenditure of public funds in excess of $10,000 shall be subject to audit by the State Auditor. Authorized federal, State and County representatives shall have the right to monitor, assess, and evaluate Contractor’s performance pursuant to this Agreement, said monitoring, assessments, or evaluations to include but not be limited to audits, inspection of premises, reports, and interviews of project staff and participants. At any time during normal business hours and as often as County may deem necessary, Contractor shall make available to County, State or federal officials for examination all of its records with respect to all matters covered by this Agreement and will permit County, State or federal officials to audit, examine and make excerpts or transcripts from such records, and to make audits of all invoices, materials, payrolls, records of personnel, information regarding clients receiving services, and other data relating to all matters covered by this Agreement. If an audit is conducted, it will be done in accordance with generally accepted government auditing standards as described in Government Auditing Standards, published for the United States General Accounting Office.
Pursuant to California Government. Code Section 65868.5, within ten (10) days after the Effective Date, the City Clerk shall record this Development Agreement together with all exhibits with the San Mateo County Recorder and provide two (2) certified copies to each Party. Thereafter, if this Development Agreement is terminated, modified or amended, the City Clerk shall record notice of such action with the San Mateo County Recorder and provide two (2) certified copies to each Party.
Pursuant to California Government. Code Section 10532, the contracting parties shall be subject to an examination and audit by the California State Auditor General for a period of three (3) years after final payment of the contract limited to those matters connected with the performance of the contract.
Pursuant to California Government. Code Section 6505.1, the Secretary and Treasurer shall have charge of the property of the Authority and each shall file an official bond in the penal sum of Ten Thousand Dollars ($10,000.00) or such additional amount as the Governing Board may establish. By majority vote, the Governing Board may change the Lead Agency at any time. In such event, the officers of the new Lead Agency shall serve as the respective officers of the Authority.
Pursuant to California Government. Code Section 65868.5, no later than ten (10) days after the Effective Date, the City Clerk and Developer shall place this fully executed Agreement with First American Title Company under Escrow Number NCS-982741-SC (“Escrow Officer”) to be held in the same escrow as the PSA, with instructions to record in the Official Records of the County of San Mateo at Closing or to return the original signatures of each Party to each Party upon termination of this Agreement pursuant to Section 2.1(a).
Pursuant to California Government. Code Section 66452.6(a), the duration of tentative maps filed in connection with the Project shall automatically be extended for the Term of this Agreement.
Pursuant to California Government. Code Section 4215, if during the course of the work Design-Build Entity encounters utility installations which are not shown or indicated in the contract plans or in the specifications or which are found in a location substantially different from that shown, and such utilities are not reasonably apparent from visual examination of the work site, then it shall promptly notify Owner in writing. Where necessary for the work of the Contract, Owner will amend the Agreement to adjust the scope of work to allow Design-Build Entity to make such adjustment, rearrangement, repair, removal, alteration, or special handling of such utility, including repair of the damaged utility. If Design- Builder fails to give the notice specified above and thereafter acts without instructions from Owner, then it shall be liable for any or all damage to such utilities or other work of the Agreement which arises from its operations subsequent to the discovery, and it shall repair and make good such damage at its own cost.
