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3 <br /> 10. The contract should be executed and submitted in triplicate to the Secretary of the Local Government <br /> Commission,325 North Salisbury Street,Raleigh,North Carolina 27603-1385. <br /> 11. Upon approval,the original contract will be returned to the Governmental Unit, a copy will be forwarded to <br /> the Auditor,and a copy retained by the Secretary of the Local Goveraiaent Commission.The audit should not <br /> be started before the contract is approved. <br /> 12. This contract contemplates an unqualified opinion being rendered. Any limitations or restrictions in scope <br /> which would lead to a qualification should be fully explained in an attachment to this contract. Contracts with <br /> such limitations will not be approved unless satisfactory explanation is made. <br /> 13. If an approved contract needs to be varied or changed,the change must be reduced to writing,signed by both <br /> parties, presudited if necessary, and submitted to the Secretary of the Local Government Commission for <br /> apprrval.No change shall be effective unless approved by the Secretary of the Local Government Commission, <br /> the Governing Board,and the Auditor. <br /> 14. A separate contract should not be made for each division to be audited or report to be submitted.The scope of <br /> the audit and the fee for the audit should be clearly stated. A saparate contract must be executed for each <br /> component unit which is a local government and for which a separate audit report is issued. <br /> 15. The Auditor shall We three copies of the report of audit(four copies for councils of governments,one copy if no <br /> single audit is required) with the Secretary of the Local Government Commission when (or prior to) <br /> submitting the invoice for the services rendered.The report of audit, as filed with the Secretary of the Local <br /> government Commission, becomes a matter of public record for inspection and review in the offices of the <br /> Secretary by any interested parties.Any subsequent revisions to these reports must be seat to the Secretary <br /> of the Local Government Commission.Thess reports are used in the preparation of Official Statements for <br /> debt offerings,by municipal bond rating services,and to fulfill secondary market disclosure requirements of <br /> the Securities and Exchange Commission. <br /> 16. There are no special provisions except: See attached engagement letter <br /> 17. Whenever the Auditor uses an engagement letter with the client, Items 8 and 16 should be completed by <br /> referencing the engagement letter and attaching a copy of the engagement letter to the contract to incorporate <br /> the engagement letter into the oontrad.In case of conflict between the terms of the engagement letter and the <br /> terms of this contract,the terms of this contract will control.Engagement letter terms are deemed to be void <br /> unless the conflicting terms of this contract are specifically deleted in Item 21 of this contract. <br /> 18. A Governmental Unit not having a single audit on federal and State funds would hat Item 7 in Item 21 of the <br /> contract as being a deleted provision.An exalanation must be men in Item 21 for any Governmental Unit not <br /> recei�ing a sine]g g_udit on federal and State funds(e.g.,•single audit is not required undsr the Federal and <br /> State Single Audit Acts and is not being performed). <br /> 19. if this audit engagement is subject to the standards for audit as defined in the Government Auditing <br /> Standards, issued by the Comptroller General of the United States,then the Auditor warrants by accepting <br /> this engagement that he/she will meet the requirements for an extornal quality control review and continuing <br /> education requirements specified in the Government Auditing Standards. The Auditor agrees to provide a <br /> copy of their most recent external quality control review report to the Governmental Unit and the Secretary of <br /> the Local Government Commission. <br /> 20. There are no other agreements between the parties hereto and no other agreements relative hereto that shall <br /> be enforceable unless entered into = accordance with the procedure set out hernia and approved by the <br /> Secretary of the Local Government Commission. <br /> 21. All of the above paragraphs are understood and shall apply to this agreement,except the following numbered <br /> paragraphs shall be Halsted:(See Items 17 and 18.) <br /> Dslnirte & he LLP Orange County <br /> wade tlrs Tonc et <br /> GeaaMMWI Unit <br /> By K. Alan Lonbom Bs Moses Carey, Jr., Chairman <br /> is ) (plow t7pe er print rise and titlel <br /> 10, ere) at sager or taatipmsen of gevarame board) <br /> Approved b the Secretary of the Iced Gowramest This iasaemest has bass preandited to the manner <br /> Commiwon as provided is Article 3,Chapter 159 of required by The JmW Government Budget and }local <br /> the General Statues or Article 31,Part 3,Chapter Control Act or by the ScIboal Budget and Fiscal Control <br /> I 13 of the General statows. Act. <br /> Kenneth T. Chavious <br /> For the tioeraury.tea.)Government Gmm on- osrvamasw Uttn Flaaae Omer a ueao 17"ar pnat same) <br /> (&pswre) (9ge+un) <br /> Dote Date <br />