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iv. Pay from Authority money and other sums due <br /> <br /> from Authority, or any portion thereof, only <br /> upon warrants of the public officer performing <br /> the function of Auditor as designated by this <br /> agreement; <br /> <br /> v. Verify and report in writing on a quarterly <br /> basis to Authority and to member jurisdictions <br /> the amount of receipts since the last report, <br /> and the amounts paid out since the last re- <br /> port; and <br /> <br /> vi. Invest Authority funds in accordance with <br /> <br /> paragraph 8a(ix). <br /> <br /> c. Audit. There shall be strict accountability of all <br />Authority funds. The Auditor of the agency from which the Agency <br />Treasurer is selected shall be the Auditor for Authority. The <br />Auditor shall: <br /> <br /> i. Report all receipts and disbursements to <br /> <br /> Authority. <br /> <br /> ii. Make or contract to make an annual audit of <br /> <br /> Authority pursuant to requirements of Govern- <br /> ment Code Section 6505. <br /> <br /> d. property Custodian. The Authority Treasurer shall <br />have charge, handle, and/or have access to any property of Au- <br />thority and, pursuant to Government Code Section 6505.1, the Au- <br />thority shall require such person or persons to file an official <br />bond in an amount of at least Five Hundred Thousand Dollars <br />($500,000). Upon creation by the Board of a position of general <br />manager (by whatever title chosen), the general manager shall <br /> <br /> - <br /> <br /> <br />