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- 5 - <br /> consistent with law and policy, it is in the best interest of the <br /> Government to terminate debt collection action against ACTEB on <br /> the above noted four debts totalling $293 , 790 . 00 plus accrued <br /> interest . <br /> 3 . The members of ACTEB will dissolve the consortium in <br /> accordance with the State of California Joint Powers Act within <br /> 90 days of the execution of this Agreement. Such dissolution <br /> will be effectuated by the approval of the full governing board <br /> of ACTEB as well as the consent of each members ' City Council or <br /> County Board of Supervisors . Each member of ACTEB shall agree to <br /> abide by the terms of the agreement set forth herein . <br /> 4 . The members of ACTEB further agree that they will not, <br /> for a period of one year from the date of execution of this <br /> agreement, reconstitute ACTEB or form any successor organization <br /> to ACTEB for purposes of administering Federally funded <br /> employment and training programs . This provision shall be <br /> construed so as to prohibit the formation of any successor <br /> organization which includes twelve cr more former members of <br /> ACTEB. <br /> 5 . ACTEB agrees , on behalf of all of its members , and each <br /> member individually agrees, to release and waive its late claim <br /> for $542 , 732 . 39 (plus accrued interest, if any) which was filed <br /> with the Department on September 23 , 1983 . <br />