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~,, '~ ~, mentioned and may invest funds of the Commission not current]>. <br /> r~ecoed for its operations, in the manner and subject to the <br /> Minnesota applicable to statutory, cities. <br /> <br /> Subdivision 17. ]t ma>, collect monies, suDDect to the <br /> <br /> of this agreement, fro~. its members, Anoka County and £rom any other source <br /> approved b>' s majority of its board. <br /> <br /> Subdivision ~8. It may accept gifts, apply for and use grants or <br />loans of mone\,, or other property from the United S~-~=.~=_, the State of <br />~'.innesota, a unit of government or other governmental unit or organization, <br />or any person or entity for the purposes described herein; may enter into <br />an~, reasonable agreement required in connection there~,ith; may comply with <br />any laws or regulations applicable thereto; and may bold, use, and dispose <br />of such money or property in accordance with the terms of the gift, grant, <br />loan or agreement relating thereto. <br /> <br /> Subdivision !9. _Tt m~-y ~,ake contracts, incur expenses and make <br />expenditures necessary and incidental .to the effectuation of these <br />purposes and powers and may disburse therefor in the manner hereinafter <br />provided. <br /> <br /> Subdivision 20. it shall cause to be made an annual audit by a <br />certified public accountant or the state auditor of the books and accounts <br />of the commission and shall make and file a report to its members at least <br /> <br />once each year including the following information: <br /> <br />the approved budget; <br /> <br />a reporting of revenues; <br /> <br />a reporting of expenditures; <br />a financial audit report or <br /> <br />balance a <br /> <br />sheet, <br /> <br />section <br /> <br />classification of <br /> <br /> includes a <br />revenues and <br /> <br /> <br />