Friday, February 14, 2014

LINCOLN PARK: Governor appoints financial review team

LINCOLN PARK: Governor appoints financial review team - thenewsherald.com
A financial review team officially appointed for the city Monday by Gov. Rick Snyder likely will decide by late April whether it will recommend appointment of an emergency manager.
...When the team concludes the review, it will recommend that the one of the following options for the city:
......File for bankruptcy, an option that is considered unlikely.

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