Common use of Audits and Inspection of Records Clause in Contracts

Audits and Inspection of Records. Applicant understands and agrees that the City has the right to audit or review appropriate records to assure compliance with this Agreement and KMC chapter 5.88 and to perform evaluations of the effectiveness of the Multifamily Tax Exemption program. Applicant agrees to make appropriate records available for review or audit upon seven days’ written notice by the City.

Audits and Inspection of Records. The Applicant understands and agrees that the City has the right to audit or review appropriate records to assure compliance with this Agreement Contract and KMC chapter 5.88 Chapter 4.52 BCC and to perform evaluations of the effectiveness of the Multifamily Limited Property Tax Exemption program. The Applicant agrees to make appropriate records available for review or audit upon seven days’ written notice by the City.