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                       such portion of  income  as  may  exceed  the  cost  and  expense  incurred  shall

                       be  utilized  for  the  development  of  the  museum  facilities  referred  to  in

                       Section 6.  Upon  completion  of required  development,  such  income  shall  be

                       set  aside  in  a  separate  fund  account  for  future  development  of  said

                       property.


                             5.04        All  documents,  books,  and  accounting  records  shall  be  open
                       for  inspection  and  reinspection  at  a  mutually  convenient  time  to  both


                       parties  during  the  tenn of  this  agreement.  In  addition,  the  County  may
                       from  time  to  time  conduct  an  audit  and  reaudit  of  the  books  and  records


                       provided by  the  Society  and  observe  the  operation  of  the  museum  so  that

                       accuracy  of  the  above  records  can  be  confirmed.  All  information  obtained

                       in coJU1ection  with  the  Department  of Parks  and  Recreation s  inspections  of
                                                                                            1
                       records  or audit  shall be  treated as  confidential  information  and  exempt

                       from  public disclosure  thereof.

                6.     REQUIRED  CONS1RUCTION

                            6.01         The  Society  shall prepare  and  submit  a  master  development

                      plan  for  the  improvement  of  said property  above  described,  which  general

                      development  plan shall provide  for. the  development  of  said property  in-

                      cluding,  but  not  limited  to,  refurbishment  of  the  Saugus  railway  station,

                      parking  facilities,  sidewalks,  landscaping,  and  irrigation system  and

                      other  appurtenant  facilities ·as  necessary.

                            6.02        Society may,  by  its  own  forces  or by  contract,  undertake

                      projects  for  the  development,  construction,  or  improvement  to  said property.

                      Schematic  plans  and  specifications  for  any  such  project  shall  be_  in  accord-

                      ance  with  the  General  Development  Plan  and  shall be  submitted  to  County

                      for  approval,  which  said approval  shall  not  be  unreasonably  denied.  No

                      such project  shall  be  connnenced  by  Society's  own  forces  or  contracts

                      awarded  prior  to  County  approval  of  such  plans  and  specifications.




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