19-2693.   Reports, documentation and controls relating to coliseumfunds; approval of contracts; bond.Reports and documentation relating to all expenses paid by the directorfrom the funds established pursuant to K.S.A. 19-2691 and19-2692 shall be filed with the county controller at least monthly. Thecounty department of administration shall devise adequate internalcontrols and procedures for administering the funds, and such controlsand procedures shall be reviewed by an independent auditor. Each suchfund shall be audited at the same time as funds of the county areaudited and a report thereon shall be prepared for the countycommissioners.

      All contracts of the director with independent shows or promotersshall be approved by the board of county commissioners before the sameare valid and binding on either party.

      The director shall secure a bond with a surety company authorized todo business in Kansas in an amount required by the board of countycommissioners, but the amount of such bond shall not be less than onehundred thousand dollars ($100,000).

      History:   L. 1978, ch. 98, § 3; July 1.