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or other property, and upon such terms as the General Partner in its absolute discretion shall deem to be in the best interest of the Partnership. 6.04 Books and Records. The General Partner shall maintain or cause to be maintained complete and accurate records of all properties owned or leased by the Partnership and complete and accurate books of account (containing such information as shall be necessary to record allocations and distributions), and make such records and books of account available for inspection and audit by any Limited Partner or duly authorized representative (at the expertise of such Limited Partner) during regular business hours and at the principal office of the Partnership. Within seventy -five (75) days after the end of each calendar year of the Partnership, the General Partner shall cause to be prepared and distributed to all Partners reasonable tax - recording information, in sufficient detail to enable such Partner to prepare its federal, state and local income tax returns. In addition, within seventy-five (75) days after the end of such calendar year of the Partnership, the General Partner shall cause to be prepared and distributed to each Partner, a balance sheet, and a report of the receipts, disbursements, net profits and losses, and cash flow of the Partnership, and the share of the net profits and losses and cash flow of each Partner for such calendar year. Such balance sheet and report shall be prepared in accordance with generally accepted accounting principles by a certified public accountant and shall be certified by the General Partner to be true and correct to the best of its knowledge and belief. 6.05 Tax Year. The taxable year of the Partnership shall be a calendar year, and the current taxable year shall end on December 31, 2012. 6.06 Partnership Funds. Funds of the Partnership may be deposited in such bank account or bank accounts as shall be designated by the General Partner and withdrawals therefrom shall be made upon such signature or signatures as the General Partner shall authorize. 6.07 Other Dealings. Nothing herein shall be construed to prevent the General Partner or any Limited Partner, or any entity in which such General or Limited Partner may have an interest, from dealing with the Partnership in good faith. The General Partner shall not act as an agent of the Limited Partner in the operation and control of the Partnership, except as provided elsewhere. Nothing contained in this Agreement shall be construed to be an indemnification or an obligation by the General Partner to return to a Limited Partner its capital contribution. 6.08 Limitation on Liability. The General Partner shall have no liability to the Partnership or to any Limited Partner for any mistakes or errors in judgment, or for any act or omission believed in good faith to be within the scope of authority conferred by this Agreement. The General Partner shall be liable only for acts and/or omissions involving intentional wrongdoing. Actions or omissions taken in reliance upon the advice of legal counsel approved by the General Partner as being within the scope conferred by this Agreement shall be conclusive evidence of good faith; however, the General Partner shall not be required to procure such advice to be entitled to the benefit of this and the preceding sentences.