At least once every 12 months subsequent to July 24, 1947, the authority shall appoint and employ an expert accountant who shall make an examination in detail of all books and accounts of the authority since the preceding examination, and make a full report thereof in writing under oath, to be submitted to the authority and spread upon its minute book at the first meeting of the authority after the receipt of the report. The authority shall forward a copy of the report to each daily newspaper published in the city. No accountant shall be appointed or employed twice in succession.
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