OPERATION OF COUNTY FAIR - Laserfiche WebLink

employed shall not be deemed County employees for any purpose whatsoever. The Association shall also formulate rules establishing an affirmative actior~ program for all employees, except mandatorily provided Union positions, of the Association. The program shall be in substantial conformity with County's affirmative action program. To maintain its non-profit tax-exempt status, deliver within sixty (60) days of the conclusion of the Fair the balance remaining of any and all funds in the possession of the Association (net proceeds) received by or in connection with the Fair and the management and operation of the property, to County for deposit in County Treasury in the Special Fair Trust Fund. Pay and satisfy all expenses, obligations and liabilities incurred by the Association pursuant to and as provided herein in connection with maintenance, management and operation of the Alameda County Fair and the Fairgrounds for the term of this agreement. Submit all of its books, ledgers and accounts to an audit to be made annually, in accordance with generally accepted auditing standards, by the County Auditor or a certified public accountant firm selected by the Association, acceptable to the County Auditor. The report on the results of such audit shall be submitted to the Association and the County Board of Supervisors. Make, keep and maintain adequate records of all transactions as agent hereunder, including but not limited to, serially numbered receipts, books, ledgers, legal documents, entry blanks, and judging sheets; all of the records shall be open to examination, at any time, by the State Department of Finance and/or Department of Food and Agriculture and the County's Auditor. In the event that such documents or any of them are not delivered to the County, they shall be preserved and treated as public records and may be disposed of only on order of the County Board of Supervisors. Make and prepare for the County's approval and presentation to the State Department of Food and Agriculture, premium lists for award at the Fair, it being understood by and between the parties hereto that the Association shall pay the premium only on prior approval by the State Department of Agriculture and upon the necessary apportionment and disbursement of funds therefor. Maintain all property owned, possessed or controlled by the County on the effective date of this agreement, together with all property hereafter acquired at or upon the Fairgrounds in good condition; make and file with the County an annual inventory of all personal property including any purchased by the Ass~)ciation, pursuant to Section 4.04.070 of the Alameda County Administrative Code. It is mutually agreed by and between the 4