A. File an annual report with the city clerk containing an audited and certified statement of assets and liabilities and of income and expenditures during the previous year with a summary of projects and activities conducted;

B. Furnish the mayor and city council with such statements, records, reports, data and information as the mayor or city council may request pertaining to matters connected with any projects or activities of the public corporation;

C. Answer fully and within a reasonable time any written inquiries by appropriate city officials in the course of their duties about its finances, organization or activities. (Ord. 1016-84 § .400, 1984.)