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6. Preparation and Ownership of Documents <br />It is hereby understood that any and all documents pertaining to the Project design and <br />construction, including applicable "as- built" drawings, will be created in accordance with the <br />highest professional quality. All development documents and drawings shall remain the <br />property of the City. <br />7. Financial Requirements <br />The City shall account for all funds requested by and released pursuant to this Agreement and <br />the disbursement thereof. The City shall maintain a full set of books on a double entry basis <br />in accordance with generally accepted accounting principles, procedures, and regulations as <br />deemed necessary by the City. Such records shall be maintained by qualified personnel and <br />may be accessed in a timely manner. All financial reports and schedules shall be prepared in <br />accordance with generally accepted accounting principles and City reporting requirements. <br />8. Indemnification <br />City agrees to save, indemnify, defend and hold harmless, FOSAZ, its board members, <br />directors, officers, agents and employees from any and all claims, demands, losses, liens, <br />expenses (including reasonable attorney's fees) or liability, including but not limited to claims <br />of damage of property or injury to or death of persons accruing or resulting to any and all <br />contractors, subcontractors, material men, laborers and any other person, firm or corporation <br />furnishing or supplying work, services, materials or supplies in connection with the <br />performance of this Agreement by the City and from any and all claims and losses accruing <br />or resulting to any person, firm or corporation who may be injured or damaged by the City in <br />the performance of this Agreement. <br />9. Conflict of Interest <br />The following protections against conflict of interest will be upheld: <br />A. City and FOSAZ certify that no member, officer, or employee of the City and/or <br />FOSAZ or its designees or agents, and no other public official of City and /or FOSAZ <br />who exercises any functions or responsibilities with respect to the programs or projects <br />covered by this Agreement, shall have any interest, direct or indirect in this Agreement, <br />or in its proceeds during his/her tenure or for at least one (1) year thereafter. <br />B. City and FOSAZ certify that no one who has any financial interest in this Agreement or <br />receives compensation for services from City or FOSAZ is related by blood or marriage <br />within the third degree to the Mayor or any one or more of the members of the City <br />Council, City Manager, or the head of the department and/or FOSAZ' Board to which <br />these services are to be provided pursuant to this Agreement. <br />20A -7 <br />