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<br />\ <br /> <br />78 <br />Page 25 <br /> <br />DOWNTOWN REDWOO,D CITY <br />A Parking Management Proposal <br /> <br />. <br /> <br />Internal Audit by our Parent Company, ABM Industri$S, Inc. <br /> <br />As a wholly owned S~bsidíary of ABM, an NYSE-listed <br />company, Ampco 5ystam Parking is governed by stringent SEC <br />reporting requirements. ABM employs a '.arge staffaf <br />professional internal auditors who review and verify on an <br />ongoing basis 'that w.e are operating ins professional manner. <br />Literally every aspèct of our qperation is routinely reviewed by <br />our parent company. Thf$ Ì"eviewincludes: <br /> <br />Accounts Payable&. Receivables <br />Cash Controls & Security Procedures <br />Compliance with O,SHAContractCompUance <br />Contract Compßance <br />-Payroll <br /> <br />. <br /> <br />Outside Audit by KPMG LLP <br /> <br />In addition to ABM's internal audit staff, our outside audit firm, <br />KPMG LLP, reviews our records severa1 times ea(ih year. The <br />combination of our outside firm and our internal auditing staff <br />ensures that Ampco System Parking achieves cash control and <br />revenue integrity unequaled in theparkit:'g industry. <br /> <br />Monthly Reports <br /> <br />Ampco System Parking will provide a range of reports to the City which <br />provide aU requested data as set forth in the specifications. Typically, <br />such reports include dany reports, showing the specifics for each day <br />of operation, at each of the facilities: <br /> <br />. Ticket start and end numbers (by spitter) with totals for location <br /> <br />. Hourly occupancy <br /> <br />. Number oftickets collected <br /> <br />. RevenUe collected (from every source) <br />. Number of valkfatedückets ffJceJvød (and their value) <br /> <br />. Source of validations (and total value for same) <br /> <br />Ampco System Parking <br />Page 21 <br />