5.12.260 Audit of reports.

(A) The books, records, statements and accounts of any permittee may be inspected and audited by the city.

(B) Such an inspection and audit may be performed by the director of finance, city auditor or a qualified accountant or city official who shall be selected by the director of finance.

(C) Any failure or refusal of any permittee to pay such sums by way of taxes when the same are due and payable in accordance with the gross receipts tax provisions of this chapter, or to permit such inspection of such books, records and accounts of such permittee shall be and constitute full and sufficient grounds for suspension or revocation of any cardroom permit issued to the permittee pursuant to Section 5.12.090.