California City files for bankruptcy protection.
| Position | News Briefs - Desert Hot Springs - Brief Article |
Desert Hot Springs, a community of 6,000 located 11 miles north of Palm Springs, filed for Chapter 9 bankruptcy protection in late December. The move was intended to prevent the seizure of city assets by the Silver Sage Partnership, to which the city owes about $6 million in damages stemming from a housing discrimination lawsuit. Desert Hot Springs, which has run budget deficits since the early 1990s...
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