It shall be the duty of every vendor hereunder to keep and preserve suitable records of all sales made by the vendor and such other books or accounts as may be necessary to determine the amount of the tax for the collection or payment of which such vendor is liable under this chapter. It shall be the duty of every vendor to keep and preserve for a period of three (3) years following the due date of the return or the payment of the tax all such books, invoices and other records necessary to determine the tax and the same shall be open for examination by the finance director. Upon demand by the finance director the vendor shall make the books, invoices, accounts or other records it maintains available at the office of the finance director or some other place designated by the finance director for examination, inspection and audit by the finance director. The finance director, in the finance director's discretion, may make, permit or cause to be made the examination, inspection or audit of books, invoices, accounts and other records so kept or maintained by the vendor. When the vendor shall have entered into a binding agreement with the town to reimburse it for all costs and expenses incurred by the town in order to have such examination, inspection or audit at a place other than the place designated by the finance director, then such examination, inspection or audit shall be made where such records are kept or maintained by the vendor or as otherwise designated in the agreement. (Ord. 30, Series 2021)