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� � � � <br /> except on the express direction of the City. <br /> 6 . Remit Funds . The Authority shall on each weekday, not a <br /> holiday, in a bank or banks designated by the City, deposit all <br /> moneys collected during that weekday by the Authority as parking <br /> fees under the provisions of this Agreement. , <br /> 7 . Records . The Authority shall keep daily records of money ' <br /> receipts and transmit the same to the City upon request. Further, I', <br /> tickets, receipts or other documents or instruments used to II <br /> substantiate the records, books or accounts of the Authority shall <br /> be maintained by the Authority subject to exami�ation, inspection <br /> and audit of such records, books and accounts at any and all <br /> reasonable times by the City. <br /> 8 . Insurance. The City and Authority have heretofore entered <br /> into an Intergovernmental Cooperation Agreement pertaining to <br /> mutual self-insurance and purchase of various types of insurance <br /> coverages, including, but not limited to, comprehensive general <br /> liability insurance for bodily injury and property damage, workers <br /> compensation insurance and surety bonds . The coverages under said <br /> Agreement include but are not limited to theft, libel, slander, <br /> defamation, invasion of privacy, false arrest, false imprisonment, <br /> unlawful detention and such other coverages as were deemed <br /> necessary by the parties hereto. <br /> -4- <br />