San Bernardino Third California City to Choose Bankruptcy
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San Bernardino’s City Council voted to become the third California municipality this year to seek bankruptcy protection after officials learned they may not have enough cash to pay workers.
The council last night voted 4 to 2, with one abstention, to authorize a filing under Chapter 9 of U.S. bankruptcy law. The city of 209,000, about 65 miles (105 kilometers) east of Los Angeles, is so broke it can’t cover its payroll, interim City Manager Andrea Travis-Miller said.