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••4• <br /> • <br /> • <br /> present to the County Commissioners an annual audit by a C.P.A. which <br /> audit shall be in conformity with existing audit policies of the Coun- <br /> ty. . <br /> 7. The party of .the second part agrees to comply with County bud- <br /> geting procedures and other procedures provided for by State Law and <br /> agrees to submit budget estimates to the Board o£•Commissioners an • <br /> the standard forms used by county departments; the party of the sec- <br /> and part also agrees to use standard line items for accounting de• <br /> vised or consented to by the County•Accountant from time to time. <br /> 6. This contract shall expire 20 years from the date of cluing of the <br /> •FmHA Loan. <br /> • <br /> • <br /> 9. The party of the second part further agrees to ,file with the • <br /> County Auditor a true copy of the Articles of Incorporation, existing'.'. <br /> L . <br /> Bylaws end any changes made thereto from time to time; further, the <br /> party of the second part agrees to adopt bylaws which meet all minimum _ • <br /> legal requirements and which bylaws, in addition thereto, have reason- <br /> able • w,- ., •••�:e•. .... ... .. ' . <br /> able provisions enabling citizens of the community to participate in . .. <br /> • the affairs of the 'corporation at at least an annual heating and vest,. . <br /> ing in a $careof Directors the authority to menage the affairs of the <br /> • corporation without a vote of the membership to the extent permitted by • <br /> •-_. r..•:.`. <br /> 7.77. t. <br /> N.C.G.S. 55A, the North Carolina Nonprofit Corporation Act. .. -- <br /> • • <br /> • <br />