City of Cle Elum moves closer to bankruptcy without resolution
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City of Cle Elum moves closer to bankruptcy without resolution
The City of Cle Elum may return to considering bankruptcy, claiming mediation talks with a Seattle-based developer have broken down. The city, population of about 2,200, has been on the hook for $22.3 million — five times its annual general-fund budget — after an arbitrator ruled in November that the city violated a 2011 contract by causing delays in the development of Ederra. a new community of 1,000 houses.The city entered mediation with devel…
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