Section 11. - [Annual audit of fiscal operations; limitations on council auditor.]

The auditor of the Council of the City of Jacksonville shall conduct an annual audit of the fiscal operations of each separate system of JEA; provided, however, that notwithstanding anything contained in the Chapter 67-1320, Laws of Florida, as amended, being the Charter of the City of Jacksonville (the "Charter") or the Ordinance Code of the City of Jacksonville to the contrary, no audit by the auditor of the Council shall be required with respect to any system consisting of JEA's interest in any joint electric power project for which an annual audit by an independent auditor is required by the terms of an agreement entered into under Section 2(a) of this act. However, an audit may be performed by the Council auditor and if performed, the audit may examine all accounting systems, accounts and other records of financial transactions of the joint electric power project which are maintained by JEA, or which are maintained by any committee referred to in Section 13 of Chapter 80-513, Laws of Florida, as created by this act. Notwithstanding anything contained or implied in this act, the Charter or the Ordinance Code of the City of Jacksonville to the contrary, no audit by the auditor of the Council shall be conducted with respect to any accounting systems, accounts or other records separately maintained by any other participant in such a project, nor shall such an audit extend to the interests of any other participant in such a project, except to the extent any agreement entered into pursuant to Section 2 of this act expressly provides for audits by the Council auditor. The auditor shall submit a printed and public report on such audit to the Council of the City of Jacksonville. (Laws of Fla., Ch. 80-513, § 11; Laws of Fla., Ch. 82-312, § 6; Laws of Fla., Ch. 99-459, § 9)