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<br />SECTION 8 <br />TERMINATION AND) DISSOLUTION <br /> <br />8.1 Termination <br /> <br />The OCCOG shall continue to exerCIse the joint powers herein until the <br />tennination of this Agreement and any extension thereof or until the parties shall <br />have mutually rescinded this Agreement: providing, however, that the OCCOG and <br />this agreement shall continue to exist for the purposes of disposing of all claims, <br />distribution of assets and all other functions necessary to conclude the affairs of the <br />OCCOG. Termination shall be accomplished by a majority action of the Board. <br /> <br />8.2 Distribution of Property and Funds <br /> <br />In the event of the tennination of this Agreement, any property interest <br />remaining in OCCOG following the discharge of all obligations shall be disposed in <br />accordance with Government Code Section 6512. <br /> <br />SECTION 9 <br />MISCELLANEOUS <br /> <br />9.1 Effective Date <br /> <br />This Agreement shall be effective and the Orange County Council of <br />Governments shall exist from and after such date as this Agreement has been <br />executed by 50 percent plus one of the cities or the County of Orange in Orange <br />County representing over 50 percent of the County's population. <br /> <br />12 <br />