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<br /> (7,711"' <br /> Page 2 <br /> C, The Chamber shall maintain funds provided by the City under this Agreement <br /> ("CVB funds") in a separate account established for that purpose, and the Chamber may <br /> not commingle that revenue with any other money or maintain it in any other account. <br /> D. The Chamber shall maintain complete and accurate financial records of each <br /> expenditure of CVB funds and, at the request of the City Manager or his designee, or of <br /> --. <br /> ì any other person, shall make the records available for inspection and review during normal <br /> l <br /> business hours. <br /> 2. <br /> . . USE OF FUNDS <br /> A. The Chamber shall expend CVB funds for general promotional and tourist <br /> advertising for the City of San Marcos and conducting a solicitation and operating program <br /> . <br /> to attr~ct visitors and conventions to the City. . <br /> B. The Chamber shall make these expenditures in conformance with and in <br /> proportion to the Convention and Visitors Bureau budget for 1994-95 which is marked <br /> Exhibit "A" and attached to this Agreement for all intents and purposes as though fully set <br /> out herein. The Chamber acknowledges that the City's approval of this budget creates a <br /> I <br /> I <br /> fiduciary duty in the Chamber with respect to the revenue provided by the City to the <br /> Chamber under this Agreement. <br /> C. The Chamber shall submit to the City a report at least quarterly of activities and <br /> expenditures resulting from previously allocated CVB funds. <br /> t*~ ~in adìitionffil Section I.A <br /> D. The Chamber shall use¡ 0,000 of tho unds alocated to it unde¡¡!this of <br /> Agreement to contract with the San Marcos Hispanic Chamber of Commerce (the <br />