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to document the use of the Grant funds for at least three (3) years after the expiration <br />of the Grant Period. The County shall have access to all books, records, and <br />documents as required in this Section for the purpose of inspection or audit during <br />normal business hours at the County's expense, upon five (5) days prior written <br />notice. <br />5.2 Compliance with Laws. The Recipient shall comply at all times with all applicable <br />federal, state, and local laws, rules, and regulations. <br />5.3 Audit Requirements. If Recipient receives $100,000 or more in the aggregate from <br />all Indian River County government funding sources, the Recipient is required to have <br />an audit completed by an independent certified public accountant at the end of the <br />Recipient's fiscal year. Within 180 days of the end of the Recipient's fiscal year, the <br />Recipient shall submit the audit to the Indian River County Office of Management and <br />Budget. The fiscal year will be as reported on the application for funding, and the <br />Recipient agrees to notify the County prior to any change in the fiscal period of <br />Recipient. The Recipient acknowledges that the County may deny funding to any <br />Recipient if an audit required by this Contract for a prior fiscal year is past due and has <br />not been submitted by May 1. <br />5.3.1 The Recipient further acknowledges that, promptly upon receipt of a qualified <br />opinion from their independent auditor, such qualified opinion shall immediately be <br />provided to the Indian River County Office of Management and Budget. The qualified <br />opinion shall thereupon be reported to the Board of County Commissioners and <br />funding under this Contract will cease immediately. The foregoing termination right is <br />in addition to any other right of the County to terminate this Contract. <br />5.3.2 The Indian River County Office of Management and Budget reserves the right <br />at any time to send a letter to the Recipient requesting clarification if there are any <br />questions regarding a part of the financial statements, audit comments, or notes. <br />5.4 Reserved <br />5.5 Reserved <br />5.6 Indemnification. "If and to the extent allowed by Florida law and without waiving <br />the limits of sovereign immunity as set forth in section 768.28, Florida Statutes," the <br />recipient shall indemnify and save harmless the County, its agents, officials, and <br />employees from and against any and all claims, liabilities, losses, damage, or causes <br />of action which may arise from any misconduct, negligent act, or omissions of the <br />Recipient, its agents, officers, or employees in connection with the performance of <br />this Contract. <br />5.7 Public Records. The Recipient agrees to comply with the provisions of Chapter <br />119, Florida Statutes (Public Records Law). Specifically, the Recipient shall: <br />(1) Keep and maintain public records that ordinarily and necessarily would be <br />required by the County in order to perform the service. <br />(2) Provide the public with access to public records on the same terms and conditions <br />that the County would provide the records and at a cost that does not exceed the <br />cost provided in chapter 119 or as otherwise provided by law. <br />(3) Ensure that public records that are exempt or confidential and exempt from public <br />records disclosure requirements are not disclosed except as authorized by law. <br />(4) Meet all requirements for retaining public records and transfer, at no cost, to the <br />County all public records in possession of the Recipient upon termination of the <br />