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<br />contractor for the purpose of this contract and shall in no <br />manner incur expenses or liability on behalf of City. <br />5. That Chamber agrees to hold City harmless from any <br />and all claims by third parties for injuries, damages or <br />liability that might occur as a result of actions by Chamber <br />in connection with this contract. <br />6. That Chamber shall receive and deposit all funds <br />provided herein in a separate banking account in such a <br />manner as to preclude co-mingling of these funds with other <br />funds of said Chamber. <br />7, That in order to provide funds necessary to carry <br />out the promotion and advertising of the City of Paris, <br />Chamber shall be paid from money collected by the City under <br />Article III of Chapter 28, Code of Ordinances of the City of <br />Paris, pursuant to the approved program of work. <br />The City shall retain 5% of the quarterly collections <br />under Article III of Chapter 28, Code of Ordinances of the <br />City of Paris, to cover the costs of collection of said tax, <br />provided, however, that the amount for collection of said <br />tax may be changed by the City Council upon a showing that <br />the actual cost of said collection is more than 5%. City <br />shall pay over tax funds collected to Chamber within ten <br />(10) days after the collection thereof as provided in <br />Section 28-14 of the Code of Ordinances of the City of <br />Paris. <br />8. That money paid to Chamber as a result of this <br />contract shall be used only for the purposes enumerated in <br />Section 28-12 of the Code of Ordinances of the City of <br />Paris. Chamber agrees to furnish an audit to City showing <br />the manner and amount of expenditure of these funds within a <br />~ . 'n_ _&~__ ""0 ~l""p nf the Chamber's <br />