2.74A.190 Dissolution.

(1)    The board may propose to the county that CRESA be dissolved. Such proposal must be made by resolution adopted by two-thirds (2/3) of the entire board at a regular or special meeting of which thirty (30) days’ advance written notice was given to each board member, the clerk and every entity receiving services by CRESA at the time.

Information about the proposed dissolution, including the grounds for dissolution and distribution of CRESA property, shall be provided to each member of the board, the clerk and every entity receiving services by CRESA at the time at least fourteen (14) days prior to the meeting at which a vote will be taken on the resolution. Within thirty (30) days of adoption of a resolution approving dissolution of CRESA, a copy of the resolution shall be delivered to the clerk. The county may, after a public hearing, dissolve CRESA. Upon dissolution, all CRESA property, net of all outstanding liabilities, shall be distributed as set forth in an agreed plan of distribution adopted by two-thirds (2/3) of the entire board and used only for 911 emergency communications systems consistent with Chapter 82.14B RCW and RCW 38.52.500 et seq. and emergency management services consistent with RCW 38.52.070.

(2)    Upon the action taken under subsection (1) of this section, the county may, after a public hearing with notice to CRESA, petition the superior court to dissolve CRESA in accordance with RCW 35.21.750. Upon dissolution of CRESA and the winding of its affairs, and as determined by order of the court, any remaining rights, assets, and property may be transferred to a qualified public entity or entities which will fulfill the purposes for which CRESA was chartered. Otherwise, all remaining rights, assets, and property shall vest in the county. Upon completion of dissolution proceedings, the clerk shall indicate such dissolution by inscription of “charter cancelled” on the charter of CRESA, and the existence of CRESA shall cease. The clerk shall give notice thereof to the State Auditor and to other persons as provided in the dissolution statement.

(3)    In the event of the insolvency or dissolution of CRESA, the superior court of the county in which CRESA is or was operating shall have jurisdiction and authority to appoint trustees or receivers of corporate property and assets and supervise such trusteeship or receivership; provided, that all liabilities incurred by CRESA shall be satisfied exclusively from the assets and properties of CRESA and no creditor or other person shall have any right of action against the city, town, or county creating CRESA on account of any debts, obligations, or liabilities of such public corporation, commission, or authority. (Sec. 21 of Ord. 2017-10-08)