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Examples
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A state Supreme Court justice on Monday declined Nassau County's request to block the state from seizing control of the affluent municipality's finances, meaning an oversight board now has the authority to approve borrowing, contracts and impose a wage freeze.
Nassau Takeover Is Upheld Sumathi Reddy 2011
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Sometimes, these superdowngrades lower a municipality's credit rating so steeply that fund managers are forced to sell to comply with their investment mandate.
For Muni Bonds, a 'Super' Headache Kelly Nolan 2011
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In December, after the former mayor and town council resigned, Sanchez fired the municipality's 60-strong police force, on the grounds that it was too corrupt to salvage.
Brutal drug violence stalks mayors in Mexico Anne-Marie O'Connor 2010
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Even $1 above and beyond being assigned to the Seattle municipality's taxpayers is illegal.
Open Letter to the Council: Take the Same Damn Risk You’re Asking Us To Take « PubliCola 2010
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In his written ruling handed down Monday, Superior Court Associate Justice Michael A. Silverstein said the state statute "does not have a permanent effect on a municipality's form of government."
Judge Upholds R.I. Municipal Intervention Law Romy Varghese 2010
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In December, after the former mayor and town council resigned, Sanchez fired the municipality's 60-strong police force, on the grounds that it was too corrupt to salvage.
Mexico's mayors becoming casualties of drug wars; many towns without leaders Anne-Marie O'Connor 2010
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An expression of support or admiration should be a red flag for buyers of that municipality's bonds, Mr. Fabian said.
Analysts See Filing as 'Isolated Event,' but Keep Eye on State's Other Cities Jeannette Neumann 2011
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A municipality's lack of authority in filing a bankruptcy has played a large role in why so many of those types of bankruptcy cases—so far 81 out of 258—have been dismissed since 1980, according to Jim Spiotto , a partner at the Chapman and Cutler LLC law firm in Chicago who specializes in laws affecting financially troubled municipalities.
Harrisburg Mayor, State Urge Dismissal of Bankruptcy Katy Stech 2011
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In December, after the former mayor and town council resigned, Sanchez fired the municipality's 60-strong police force, on the grounds that it was too corrupt to salvage.
Mexico's mayors becoming casualties of drug wars; many towns without leaders Anne-Marie O'Connor 2010
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But an Illinois appeals court today overturned those decisions and barred Emanuel -- who has been leading the race -- from running because he did not meet the municipality's residency requirements.
Rahm Emanuel got robbed Eva Rodriguez 2011
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