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1%W .w shall at all times be conducted properly and so that the mortgaged property shall be fully maintained. Section 405. The City covenants that it will cause this Indenture and all indentures supplemental thereto, to be kept recorded and filed in such manner and in such places as may be required by law in order to fully preserve and protect the security of the holders and owners of the bonds and the rights of the Trustee hereunder. Section 407. The City covenants that so long as any bonds issued hereunder and secured by this Indenture shall be outstanding and unpaid the City will keep, o1 cause to be kept, proper books of record and account, in which full, true and cor- rect entries will be made of all dealings or transactions of and in relation to the project and the revenues derived from the project. When requested by the Trustee, the City agrees to have the said books of record and account audited by an inde- pendent Certified Public Accountant. The audit report shall contain at least the following information: (a) All revenues derived from the project and all expenses incurred by the City in con- nection with the project; (b) All payments, deposits, and credits to any payment, transfers and withdrawals from the funds created under the provisions of this Indenture; (c) The details pertaining to bonds issued, paid, and redeemed; and (d) The amounts on hand in each fund showing the respective amounts to the credit of each fund and any security held therefor and showing the details of any investments thereof. The City further covenants that all books and docu- ments relating to the project and the revenues derived from the project shall at all times be open to the inspection of such accountants or other agencies as the Trustee may from time to time designate.