(1) Annual Audits. The tribe shall require annual outside auditing by a recognized independent accounting firm to be conducted of each gaming activity. The results thereof shall be reported to the tribal business council and, to the extent required by law, the Bureau of Indian Affairs and the National Indian Gaming Commission (“NIGC”).

(2) Contracts – Audit Requirements. All contracts for providing supplies, services, equipment or concessions to any gaming enterprise for a contract amount in excess of $25,000 annually (except for professional legal or accounting services) shall be subject to independent audits, and such contracts shall so specify. [Ord. Gaming Ordinance § 8, 1993.]