Each person conducting a commercial activity who pays the city a percentage of the revenue generated shall maintain and keep available for inspection at reasonable times and places, accurate records of the services performed and items sold, and the charges therefor. Each such person shall provide the airport manager a statement of the charges made for services or sales performed at least every six (6) months. The city shall have the right to inspect all such records and to audit them for completeness and accuracy. If an audit produces evidence that the city is entitled to revenue previously undisclosed, the person conducting the commercial activity shall reimburse the city for the cost of conducting the audit, as well as paying any past due amounts.
(Ord. 2005-45, 7-19-2005)