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<br /> <br /> <br /> <br /> <br /> <br /> <br /> proportional share of any bonded indebtedness of the Authority incurred prior to the <br /> <br /> date of its withdrawal. <br /> <br /> <br /> <br /> 4. Property of Withdrawing Members. Any withdrawing member may <br /> <br /> negotiate with the Authority for return or repurchase of any and all stations and <br /> <br /> equipment serving that member's jurisdiction. <br /> <br /> <br /> <br /> ARTICLE VIII. <br /> <br /> TRANSITION TO AUTHORITY <br /> <br /> <br /> The cities and County shall designate a transition team to implement the transfer <br /> <br /> of assets and liabilities hereunder, to prepare for the Authority's organizational meeting, <br /> <br /> and to direct the transition of administrative services from the County to the Authority. <br /> <br /> <br /> <br /> ARTICLE IX. <br /> <br /> NOTICE OF AGREEMENT <br /> <br /> <br /> 1. Initial Notice. Upon the Effective Date of this Agreement, the Authority <br /> <br /> shall timely file with the Orange County Clerk and the Office of the Secretary of State <br /> <br /> the information required by Government Code Sections 6503.5 and 53051. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> 4509-08 <br /> 110179 v3 34 <br /> 9/27/99 <br /> 60C-41 <br />