San Bernardino leaders' decision means the city could avoid months of state-mandated mediation as it seeks bankruptcy protection.The San Bernardino City Council on Wednesday declared a fiscal emergency, an acknowledgment that the city is nearly broke and a legal maneuver that will allow leaders to file for bankruptcy protection without going through months of state-mandated mediation.
San Bernardino Declares Fiscal Emergency Ahead Of Bankruptcy Filing
By Phil Willon, Los Angeles Times, Los Angeles Times
Thu, 07/19/2012 - 12:00am
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