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the intent to dissolve the VLAWMO shall be sent to the.Board. of Water and Soil Resources and. to Ramsey and Anoka Counties at least 90 days prior to the date of dissolution.. Subdivision 3. Dissolution. In;addition to the manner provided in Subdivision 2 .for termination;: any member may petition the Board of Directors to dissolve the agreement.. Upon 90 days' notice in writing to the clerk of each member governmental unit and to the Board. of Water acid Soil Resources and to Anoka: and Ramsey County, the Board shall hold a hearing and upon a favorable vote by a majority of all eligible votes of then existing. Board members, the Board may by Resolution recommend that the VLAWMO be. dissolved. Said Resolution shall be submitted to each member governmental unit and if ratified. by three -fourths of the councils of all eligible members within 60 days, said Board shall.dissolve the VLAWMO allowing a reasonable time to complete work in progress and to dispose of personal property owned by the VLAWMO. Subdivision 4. Assets.. Upon a. set of findings and order. for dissolution. of VLAWMO by the State.Board.of Water and Soil Resources, all property of VLAWIvM shall betransferred, either jointly or severally, to the governmental units of VLAWMO. Such transfer of VLAWMO assets may be made in.proportion the total contribution of each Member as required by the last annual operating budget. The transfer of real estate property of VLAWMO pursuant to this section shall not affect the. benefits or damages for any improvementpreviously constructed by VLAWMO before dissolution. The. real estate property affected shall. remain liable for its proper share of any outstanding indebtedness of VLAWMO applying to the.property before the dissolution, and levies assessment for the indebtedness continue in force until the debt is paid off.. SECTION XI EFFECTIVE DATE Subdivision 1. Adoption of Agreement. This agreement shall be in full force and effect upon the filing of a. certified copy of the resolution approving said agreement by all six members. Said resolution shall be filed with the Chair of the existing VLAWMO who shall notify all members in writing of its effective date and shall set the date for the next meeting:°to be conducted under this amended Joint Powers Agreement.. IN WITNESS WHEREOF, the undersigned governmental units, by action of their governing. bodies, have caused this agreement to he executed in accordance with the authority of Minnesota Statutes, Sections 103B. 211 and 471.59, CITY OF GEM LAKE Dated 1 1 CITY OF LINO LAKES. I: Mayor Attest City Clerk By 476792v6 KRH VA245-1 13