5646 AUTHORIZING EXECUTION OF CONTRACT MVPS GARAGE OPERATION

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`� � ' . . i .� -^ 3 s�"' 6. Operator shall daily deposit in a bank, or in banks, designa- ted by the City all monies collecteci uncier 1;ne provisions hereof, which saicl mon?es from the time they are first collected by the respective attendants are, and shall continue to be the property of the City, and shall keep such daily and other periodic records as .City may direct and shall tran�mit the same to City in the manner. and form desiRnated bl► City and shall lceep and preserve, or if directed by City shall de- �� liver to City, such tickets, receipts or other documents or instruments as City may direct ta substantiate the recorcls, books, and accoun'ts of Operator to be kept by Operator under the terms hereof, anc7 shall permit Ci.ty, �through such personnel as it may authorize, to examine and aucii�t - - - � said recorc�s, books, and accounts at any and all reasona�le times as City m«y el.ec�, and C?�=�rator shall reir�burse the City for any shorfiage or loss or ovErcharge that may be ciiscloseu by sucn audit ox examination. 7. OPeratar sha11 furnish City a bond, in such amount and wi_th such eorporate surety as may be approved by City, incaemni.fying Ci'cy against any dishonesty, defalication, or shortage caused by Operator or any em- ployce of Operator either individually or otherwise. 8. Operator shall maintain a standard workmen 's compensation and employers policy of insurance conforming to the requa.rements of appl�_cable statute covering all employees employed by Operator pursuant to this con- tract, and shall furnish the usual certiti.cate to the City attesting the fact that such insurance has been obtained and is in force. 9. Operator shall furnish i;he City with written evidence of a con- tract or contracts of insurance with a reliable company or comi-,ani.es authorized to do business in the State of Illinois and appzoved by City, !