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On Tuesday, January 28th, the Cle Elum City Council voted 4-2 to approve a motion to authorize Mayor Matthew Lundh to file Chapter 9 municipal bankruptcy, and hire John Kaplan as counsel for this purpose. Poor leadership in Mayor, City Council, and planning positions for many years, who repetitively violated a development agreement and lost in arbitration 4 times. Developer was recently was awarded a $25M+ judgment against the City. Instead of negotiating or having any substantive conversations with either the Developer or the greater community regarding other options, they are plowing into municipal Chapter 9 Bankruptcy. Only one other city has filed bankruptcy in all of Washington’s history. In Chapter 9, the debts are not forgiven. More lawsuits are in play and coming. submitted by /u/karlohlemann |
