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To: joinedafterattack

http://www.sacbee.com/2012/07/10/4622910/third-calif-city-votes-to-declare.html

......”San Bernardino became the third California city in that small span to choose Chapter 9 bankruptcy protection with a City Council vote on Tuesday night.

The Southern California city of about 210,000 people will also become the second largest in the nation ever to file for bankruptcy. Stockton, the Northern California city of nearly 300,000, became the biggest when it filed for Chapter 9 on June 28. The much smaller city of Mammoth Lakes voted for bankruptcy July 3.

San Bernardino’s City Council directed the city attorney to make the move during a meeting where administrators explained the dire fiscal circumstances and urged them to choose the bankruptcy option.

“We have an immediate cash flow issue,” Interim City Manager Andrea Miller told Mayor Patrick Morris and the seven-member City Council, according to the Los Angeles Times.

Miller said the city is facing a budget shortfall of $45.8 million. It has already stopped paying some vendors, and may not be able to make payroll over the next three months.

Four council members voted for the authorization, two opposed it, and one abstained.

“This is probably the hardest decision this councilwoman will ever have to make in this chair,” Councilwoman Wendy McCammack said, according to the San Bernardino Sun.

The councilman who abstained from voting, John Valdivia, said he did not trust the information presented at the meeting, and having only served since March believed he should not be held responsible for the money mess.

“The taxpayers of this city have been duped, hoodwinked and misguided for the past several years,” Valdivia said, according to the Sun.”............


9 posted on 07/11/2012 2:33:30 AM PDT by Cincinatus' Wife
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To: Cincinatus' Wife
The councilman who abstained from voting, John Valdivia, said he did not trust the information presented at the meeting, and having only served since March believed he should not be held responsible for the money mess.

The lack of trust I can understand, but as for the second ... he was elected to fix the mess. Taking a dive is not acceptable.

12 posted on 07/11/2012 3:36:21 AM PDT by sphinx
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