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other business operated or managed by OPERATOR. Such accounting, books and records shall include the keeping of at least the following documents: a) Regular books of account such as general ledgers showing fixed assets and equipment inventory; b) Journals, including, without limitation, any supporting and underlying documents such as vouchers, checks, tickets, bank statements, etc.; c) Cash register tapes that will enable identification of day -to -day sales; d) Any other accounting, books and records for the operation of the Golf Course that CITY, in its sole discretion, deems necessary or appropriate for proper reporting of Gross Revenues and Direct Cost disbursements; e) OPERATOR shall maintain a computerized system, showing all information on the number and types of rounds of golf played and the corresponding revenues and fee categories, customer addresses and associated data, resident versus non resident status, and the cost per round; and f) Logs showing the dates and times of golf play and lessons must be maintained and available at the site for inspection by CITY at any time. In the event driving range equipment that tracks dates and times of play is not available at a price acceptable to Director, OPERATOR shall maintain and keep available documentation sufficient to facilitate an audit of driving range revenues. 10.02 Audit of Records. All documents, books and accounting and financial records kept by OPERATOR pursuant to this Article 10.0, and relating in any manner to the Premises, shall be open for inspection by CITY at any reasonable time during the term of this Agreement and for at least three (3) years thereafter. In addition, CITY or its authorized representatives may, from time to time, conduct an audit of the books of the operation of the Premises and observe the operation of the business. CITY shall use reasonable efforts to minimize the interruption to the normal operation of the Premises during any inspection or audit performed pursuant to the provisions of this Section. 10.03 Annual Financial Statements. CITY may require OPERATOR to submit audited financial statements for the operation of the Premises including an independent auditor's audit report and the audit management letter to CITY within ninety (90) days after the end of each Operating Year. The audit shall be performed by an independent certified public accountant acceptable to CITY, and the cost of the audit shall be included as a Direct Cost. 10.04 Public Records. All information obtained in connection with CITY's inspections of OPERATOR's records or audits, with respect to the Premises, may be or become subject to public inspection and/or reproduction as public records. 35