§39A-270 - Access to and public disclosure of financial records of project party.
[§39A-270] Access to and public disclosure
of financial records of project party. (a) Each project party with a
project agreement with the department shall allow the department full access to
its financial records. Upon the request of the department for the examination
of the financial records, the project party shall allow the department to
examine the requested records within a reasonably prompt time from the date of
the request. If the department requests copies of the records, the project
party shall provide the copies.
(b) To provide the public with full knowledge
of the use of the proceeds and benefits derived from special purpose revenue
bonds issued under this part, the department shall require each project party
with a project agreement with the department to make available to the public
all relevant financial records that pertain to the use of or savings resulting
from the use of special purpose revenue bonds.
(c) The department shall adopt rules under
chapter 91 for the purpose of this section. [L 2002, c 257, pt of §1]