Posts Tagged ‘ takeover ’

Harrisburg Leaders Debate Plans as Pennsylvania Takeover Looms – BusinessWeek

November 1, 2011
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Harrisburg Leaders Debate Plans as Pennsylvania Takeover Looms – BusinessWeek

Tweet Reuters Harrisburg Leaders Debate Plans as Pennsylvania Takeover LoomsBusinessWeek1 (Bloomberg) — Harrisburg City Council members proposed taxes they can't enact and debt forgiveness to repair municipal finances as they searched for agreement to head off a state takeover, which would be a first for Pennsylvania. …Facing state takeover, Harrisburg officials talkReutersHarrisburg Leaders Debate...

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Facing state takeover, Harrisburg officials talk – Reuters

November 1, 2011
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Facing state takeover, Harrisburg officials talk – Reuters

Tweet Reuters Facing state takeover, Harrisburg officials talkReutersHARRISBURG, Pennsylvania (Reuters) – With the threat of a state-appointed receiver deciding how Harrisburg must deal with more than $300 million in debt, the city council and mayor did something on Monday they have not done in a long …Harrisburg Leaders Debate Plans as Pennsylvania Takeover LoomsBusinessWeekHarrisburg...

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Harrisburg mayor seeks help to avert takeover – Reuters

October 25, 2011
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Harrisburg mayor seeks help to avert takeover – Reuters

Tweet Bloomberg Harrisburg mayor seeks help to avert takeoverReutersOct 25 (Reuters) – A day after Pennsylvania's governor declared a fiscal emergency for Harrisburg, the city's mayor said she would try to work with a divided city council and creditors to design a recovery plan to avoid a state takeover. …Pennsylvania Increases Its Hold Over...

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Pennsylvania Governor Prepares to Take Control of Harrisburg – BusinessWeek

October 20, 2011
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Pennsylvania Governor Prepares to Take Control of Harrisburg – BusinessWeek

Tweet Bloomberg Pennsylvania Governor Prepares to Take Control of HarrisburgBusinessWeekOct. 20 (Bloomberg) — Pennsylvania Governor Tom Corbett signed a bill today that lets him seize control of the finances of Harrisburg even as City Council members seek bankruptcy for the capital in an effort to ward off state action. …Pennsylvania takeover of Harrisburg clears...

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Pennsylvania Senate OKs state takeover of Harrisburg – GayToday

October 19, 2011
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Pennsylvania Senate OKs state takeover of Harrisburg – GayToday

Tweet GayToday Pennsylvania Senate OKs state takeover of HarrisburgGayTodayBy Gay Today The Pennsylvania state Senate on Tuesday voted for a state takeover of the finances of its capital, Harrisburg, setting up a showdown with the city, which filed for bankruptcy last week.The plan was already approved by the state's lower …Pennsylvania Senate OKs state...

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Pa. lawmakers to move ahead with Harrisburg takeover – abc27

September 15, 2011
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Pa. lawmakers to move ahead with Harrisburg takeover – abc27

Tweet Patriot-News Pa. lawmakers to move ahead with Harrisburg takeoverabc27Pennsylvania lawmakers plan to move ahead with legislation that would allow the state to take over the management of Harrisburg's fiscal recovery when the General Assembly reconvenes for its fall session. Sen. …Pennsylvania lawmakers renew threat to take control of Harrisburg after …Patriot-NewsHarrisburg Council Acts...

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Penn. senator calls for Harrisburg state takeover – Reuters

September 1, 2011
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Penn. senator calls for Harrisburg state takeover – Reuters

Tweet Patriot-News Penn. senator calls for Harrisburg state takeoverReutersNEW YORK, Sept 1 (Reuters) – One day after Harrisburg, Pennsylvania, rejected a fiscal recovery plan, a state lawmaker on Thursday urged the state to move ahead with a takeover of the city's troubled finances. …Harrisburg's Fate Now in Hands of GovernorWall Street JournalHarrisburg City Council...

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Pressure on Pa. capital to avoid takeover – Forbes

August 30, 2011
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Pressure on Pa. capital to avoid takeover – Forbes

Tweet Patriot-News Pressure on Pa. capital to avoid takeoverForbesAs Pennsylvania's capital faces the possibility of a missed bond payment and a state-sanctioned takeover, the Harrisburg City Council prepared to vote a second time in six weeks on a recovery plan. Officials gave no signs Tuesday that they had agreed …Irene response in Pa. commendablePatriot-NewsCorbett...

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