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C. The Project shall be funded solely through the donation of Friends Funds. City shall <br />supply the FOSAZ with documentation evidencing the purchase transaction. Any unused <br />funds upon completion of this purchase transaction shall be returned to the FOSAZ. <br />The FOSAZ Duties <br />FOSAZ shall provide full funding for the Project upon execution of this Agreement. <br />4. Time for Performance <br />All work required pursuant to this Agreement shall commence upon the Parties' <br />execution of this Agreement. <br />5. Ownership and Maintenance <br />The office trailer/veterinary hospital shall, at all times, be the property of the City, and <br />the City shall have maintenance responsibilities thereof. <br />6. 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 />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 />8. 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 />2 <br />