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<br />29 <br /> <br /> <br />Principals still participating in the Snohomish County 911 on the day prior to the <br />termination date and shall be apportioned between Principals based on the ratio that <br />the average of each Principals’ contributions to the operating budget over the <br />preceding five (5) years bears to the total of all then remaining Principals’ User <br />Fees paid during such five-year period. The Governing Board shall have the <br />discretion to allocate the real or personal property and funds as it deems <br />appropriate, and the apportionment, determined consistent with the preceding <br />sentence, need not be exact. <br /> <br />ii. Loaned Property. In the event of dissolution or termination of the <br />Snohomish County 911, assigned or loaned assets shall be returned to the lending <br />entity. <br /> <br />iii. Allocation of Liabilities. In the event outstanding liabilities of the <br />Snohomish County 911 exceed the value of personal and real property and funds <br />on hand, all Principals shall contribute to retirement of those liabilities in the same <br />manner as which they would share in the distribution of properties and funds. <br />c. Notwithstanding the foregoing, this Agreement may not be terminated if to <br />do so would abrogate or otherwise impair any outstanding obligations of the Snohomish <br />County 911, unless provision is made for those obligations. <br />SECTION 21. DISPUTE RESOLUTION. <br />a. Whenever any dispute arises between a Principal or the Principals or <br />between the Principals and the Snohomish County 911 (referred to collectively in this <br />Section as the “parties”) under this Agreement which is not resolved by routine meetings <br />or communications, the parties agree to seek resolution of such dispute by the process <br />described in this Section, which shall also be binding on Subscribers. <br /> <br />b. The parties shall seek in good faith to resolve any such dispute or concern <br />by meeting, as soon as feasible. The meeting shall include the President of the Governing <br />Board, the Executive Director, and a representative(s) of the Principal(s), if a Principal(s) <br />is involved in the dispute, and/or a person designated by the Subscriber(s), if a <br />Subscriber(s) is involved in the dispute. <br /> <br />c. If the parties do not come to an agreement on the dispute or concern, any <br />party may request mediation through a process to be mutually agreed to in good faith <br />between the parties within 30 days, which may include binding or nonbinding decisions <br />or recommendations (whichever is mutually agreed to). The mediator(s) shall be mutually <br />agreed upon and shall be skilled in the legal and business aspects of the subject matter of