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2008-131
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2008-131
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Last modified
3/30/2016 11:30:57 AM
Creation date
10/1/2015 12:07:51 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/28/2008
Control Number
2008-131
Agenda Item Number
4.A.
Entity Name
Piper Aircraft, Inc.
Subject
Closing Fund Agreement
Supplemental fields
SmeadsoftID
6997
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18.0 TRAVEL: There shall be no reimbursement of travel expenses exceeding the all- <br /> inclusive funds allocated in this Closing Fund Agreement. <br /> 19.0 PRESERVATION OF REMEDIES: No delay or omission to exercise any tight, <br /> power, or remedy accruing to either party upon breach or default by either party under this <br /> Agreement, will impair any such right, power or remedy of either party; nor will such delay or <br /> omission be construed as a waiver of any breach or default or any similar breach or default. <br /> 20.0 ACCOUNTING AND AUDITS: The Closing Fund Awardee agrees: <br /> (a) To maintain books, records, documents and other evidence (excluding <br /> email) according to generally accepted accounting principles ("GAAP"), procedures, and <br /> practices that sufficiently and properly reflect all costs of any nature expended in the <br /> performance of this Agreement, and retain said copies for a period of five (5) years after <br /> termination or the conclusion of this Agreement. If any litigation, claim, negotiation, audit or <br /> other action involving the records has been started before the expiration of the five (5) years, the <br /> records shall be retained until completion of the action and resolution of all issues which arise <br /> from it. <br /> (b) To comply with Exhibit B to the OTTED Closing Fund Agreement and <br /> other auditing and reporting requirements of the OTTED Agreement. The Closing Fund <br /> Awardee shall provide the County annually the single audit required by Florida Statutes <br /> Section 215.97. The Closing Fund Awardee shall also deliver to the County at the same time <br /> as it delivers to OTTED a copy of the documentation required by Sections 5.0 and 7.0, <br /> which shall not vest audit rights in the County. The County, in the person of the county <br /> administrator or his or her designee, shall have the right to not more than three meetings each <br /> f 745/01/00234567.DOCv5 ) <br /> 70 <br />
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