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ii) Serve as a public relations and information agency, in coordination with the City for new and expanding companies resulting from such efforts; iii) As appropriate and in cooperation with the City, welcome individuals and groups deemed by the City to be important to the City; and, to assist and help in coordinating groundbreakings, civic presentations and other activities involving the City and its officials; iv) Research and pursue grants from appropriate entities. V) Coordinate economic development activities and announcements conducted on behalf of the City with the Mayor, appropriate department or agency directors, and other local, state, and federal agencies. 4. City has no financial interest in the Chamber. Notwithstanding any of the provisions of this Agreement, the parties mutually agree and understand that the City has no financial interest in the business of the Chamber, nor shall the City be deemed or construed to be a partner, joint venture participant, or otherwise be interested in the assets, or revenues earned or derived by the Chamber. 5. Chamber not to use City name or credit. The Chamber shall not use the name or credit of the City in purchasing, or attempting to purchase, any equipment, supplies, or other things or materials of any nature whatsoever. 6. Chamber is an Independent Contractor. The parties agree that in the performance of its obligations set forth in this Agreement, the Chamber shall be deemed an independent contractor in every respect and shall take all steps at its own expense, and pursuant to the use of its materials, and its method of operation, on tasks requested by the City. The City does not, and will riot, assume any responsibility for the means by which, or the manner in which, the services provided by the Chamber are accomplished. The Chamber is solely responsible for the method, content and sequence of performance of the work set forth in this Agreement.