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07/15/2003 11;00 FAX. 6516021640 OFFICE OF GEN. COUNSEL ~003 <br /> <br /> DRAFT <br /> <br />verifying that the Council's $5,000.00 contribution was used for the purposes for which the <br />funding was requested; and Co) acknowledging that the City will reimburse the Council any <br />portion of the $5,000.00 cona'ibution that were not used for the authorized purposes. <br /> <br />Audits. To the extent required by Minnesota Statutes section 16C.05, subdivision 5, the <br />records, books, documents, and accounting procedures and practices of the City and any <br />City consultants relating to the study funded under this agreement shall be subject to audit <br />and examination by the Council and the Legislative Auditor or State Auditor. The City and <br />any consultants shall permit the Council or its designee to inspect, copy, and audit the City's <br />or consultant's accounts, records, and business documents at any time during regular <br />business hours, as they may relate to [he study funded under this agreement. Aud/ts <br />conducted by the Council under this paragraph shall be in accordance with generally <br />accepted auditing standards. Financial adjustments resulting from any audit by the Council <br />shall be paid in full within thirty (30) days of the City's receipt of an audit. <br /> <br />Authorized Representatives. Connie Kozlak, Metropolitan Transportation Services, is the <br />Council's authorized representative for the purposes of administering this interagency <br />agreement. James E. Norman, City Administrator, is the City's authorized representative <br />for the purposes of administering this agreement. <br /> <br />IN WITNESS WHEREOF, the parties have caused this interagency agreement to be executed <br />by their duly authorized representatives. This agreement is effective on the date this .agreement <br />is signed by the Council's duly authorized representative. <br /> <br />Approved as to form: <br /> <br />METROPOLITAN COUNCIL <br /> <br />By <br /> <br />Associate General Counsel <br /> <br />Thomas H. Weaver <br />Regional Administrator <br /> <br />Date <br /> <br />CITY OF RAMSEY <br />By <br /> <br /> Thomas G. Gamec, Mayor <br />Date <br /> <br />RAM SEYTI-I10AG REEMENT <br /> <br />-96- Page 2 of 2 Pages <br /> <br /> <br />