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<br />. <br /> <br />- <br /> <br />IV. <br /> <br />REPORTS <br /> <br />La Porte will provide Shoreacres the following reports <br /> <br />Periodic: <br /> <br />Billing amounts created by the original roll or monthly <br />updates from HCAD <br /> <br />Weekly: <br /> <br />Summary totals of the previous weeks collections <br /> <br />Monthly: <br /> <br />Summary totals of all monthly transactions <br />reconciliations to previously reported balances. <br /> <br />with <br /> <br />Annual: <br /> <br />Paid Tax Roll <br />Delinquent Tax Roll <br /> <br />La Porte will provide Shoreacres with any specialized reports Shoreacres might <br />require, if requested in writing. La Porte will provide said specialized reports <br />for Shoreacres at a cost of $40.00 per hour spent compiling said specialized <br />reports. <br /> <br />V. <br /> <br />AUDITS <br /> <br />La Porte will provide to the Shoreacres auditor necessary explanation for all <br />reports and access to Shoreacres's records kept and maintained by La Porte. In <br />addition, if requested in writing by Shoreacres, La Porte will provide audit <br />schedules for Shoreacres at a cost of $40.00 per hour spent compiling said <br />schedules. <br /> <br />VI. <br /> <br />COMPLIANCE WITH APPLICABLE <br />STATUTES. ORDINANCES. AND REGULATIONS <br /> <br />In performing the services required under this Agreement, La Porte shall comply <br />with all applicable federal and state statues, case law, opinions of the Texas <br />State Attorney General, Court orders and Comptroller regulations. If such <br />compliance is impossible for reasons beyond its control, La Porte shall <br />immediately notify Shoreacres of that fact and the reasons therefor. <br /> <br />VII. <br /> <br />DELINQUENT COLLECTIONS <br /> <br />La Porte will assess and collect the fifteen percent (15%> collection fee <br />pursuant to Section 33.07 of the Property Tax Code, when permitted by law. <br />