Friday, October 12, 2012

Sign of the Times



News item: Committee to recall (Pacific Mayor) Cy Sun reports that claims against the city now exceed $11 million, and the city's total insurance coverage is only $10 million. Meanwhile City Attorney Ken Luce has advised the city council that within 90 days the city could lose its insurance coverage and the council should develop a contingency plan for disincorporation and possible bankruptcy.

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