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(including, but not limited to, outstanding revenue bonds). <br />34. Disposition of Property Upon Termination. Upon termination of <br />this Agreement, any surplus funds on hand shall be returned to the then Parties in <br />proportion to the contributions made. The Board shall first offer any Facilities, rights <br />and interests of the Agency for sale to the Parties for good and adequate <br />consideration. If no such sale is consummated, the Board shall consider offering such <br />Facilities, rights and interests of the Agency for sale to any governmental agency, or <br />other entity for good and adequate consideration. The net proceeds from any sale <br />shall be distributed among the Parties in proportion to the contributions made. If no <br />such sale is consummated, then the Facilities, rights and interests of the Agency shall <br />be allocated to the Parties in the same manner as the allocation of the net proceeds <br />from a sale, unless otherwise agreed to by all of the Parties. <br />35. Withdrawal. <br />(a) Subject to section 38 of this Agreement, no Party may withdraw <br />from the Agency without the unanimous written consent of the other Parties. <br />(b) In the event the withdrawing Party has any rights in any Facilities <br />or obligations to the Agency, said Party cannot sell, lease or transfer said rights or be <br />relieved of its obligations, except its obligation to pay its share of operation and <br />maintenance costs directly related to the use of the Facilities, without the execution <br />of a written agreement executed by the withdrawing Party and all Parties affected by <br />joint Exercise of Powers Agreement Page 17 of 20 <br />J:\WPD\CSL\136WGREEYOINTPWR.CLN <br />