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the Authority shall assume the Fire Department's obligation for payment of $14.5 million <br />to the County for purchase of Fire Department assets. The parties acknowledge that <br />$8.2 million remains owing, and that the Authority shall make a $4.1 million payment by <br />June 30, 1995 and a $4.1 million payment by June 30, 1996. <br />C. Reserves. All Fire Department reserves, including the Fire <br />Department's Fund 130 contingency, as shown in the County's 1994 -95 Final Budget, <br />shall transfer, unencumbered, to the Authority as of the Effective Date. <br />D. Contracts. Except for the SRA agreement with the California <br />Department of Forestry and Fire Protection ( "CDF "), all existing County agreements and <br />contracts involving the Fire Department or its personnel, including but not limited to <br />contracts with Structural Fire Fund and cash contract Cities, mutual aid agreements, <br />automatic aid agreements, County island agreements, and entry, access and roadwork <br />agreements, shall be assigned to the Authority as of the Effective Date, with any service <br />or obligation to be provided or performed thereafter by the Authority. A list of all such <br />contracts shall be developed during the transition period. The Authority agrees to <br />assume all of County's obligations, duties and liabilities under said agreements and <br />contracts. With respect to contracts between County and the Structural Fire Fund Cities <br />and cash contract Cities, each City member hereby agrees to the assignment to the <br />Authority and agrees to release County as of the Effective Date from any further <br />obligations to any City member under said contracts upon assignment. As part of the <br />4509 -08 1 4 <br />110179 v3 <br />9/27/99 <br />60C -21 <br />