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3.1.25 Maintenance of Accounts. Operator shall keep and maintain all records and <br /> accounts in accordance with generally accepted accounting principles, consistently <br /> applied. The Operator shall prepare all periodic and annual reports, make all <br /> information submittals and provide notices to all governmental bodies required by <br /> all governmental approvals and under applicable law. The Operator shall maintain <br /> at the facilities and make available to the City upon request for review, accurate, <br /> complete and current financial books, records and accounts. <br /> 3.1.26 Monitoring of Performance: The Operator agrees to allow the City, either directly <br /> or through a subcontractor,to inspect,at City's request, and with fourteen(14) days <br /> advance notice to the Operator, all pertinent records, files, information or other <br /> written material maintained by the Operator or its subcontractors and related to the <br /> subject matter of this contract. Any failure by the Operator to provide such records <br /> as requested by the City in a timely manner may be deemed by the City to be in <br /> breach of this contract. Notwithstanding the foregoing requirements of this Section, <br /> the City acknowledges that the Operator may redact or withhold such information <br /> that is deemed confidential by law unless any such confidentiality laws permit <br /> disclosure to the City and such records are pertinent to the City's evaluation of the <br /> performance of the Operator under this contract. <br /> Leases/Agreements <br /> 3.1.27 Operator shall solicit and negotiate leases and other agreements for existing Airport <br /> facilities (including all ground leases, hangar leases, building leases and through- <br /> the-fence agreements) for all leasable areas of the Airport (including all renewals, <br /> expansions, relocations and extensions thereof collectively referred to as <br /> "Lease(s)") and to cause the Airport to be properly occupied with aviation related <br /> tenants and tenants which support aviation activities. <br /> 3.1.28 Develop with City staff and recommend to City Manager minimum standards for <br /> the physical appearance and operating condition of third-party premises in <br /> accordance with the terms and provisions of ground leases and airport use <br /> agreements. In addition, the Operator will enforce compliance with physical <br /> appearance, operating and environmental standards by all Airport tenants, permit <br /> holders, lessees, and licensees (including EPA and TCEQ regulations). The <br /> Operator will provide the City with prompt notification of third-party premises, <br /> facilities, and infrastructure to ensure proper maintenance (e.g., crack sealing, hole <br /> patching and seal coating). <br /> 3.1.29 Develop and recommend to the City Manager specific plans and programs to fully <br /> develop (and increase revenues from) Airport facilities and properties through <br /> leases or other agreements. <br /> 3.1.30 Operator shall prepare and keep current a rent roll for each property at the Airport <br /> which is subject to a Lease showing with respect to each Lease the naive of each <br /> tenant, the business status of each tenant (e.g. individual, corporation, limited <br /> Page 15 of 34 <br />