Me, too. I'm guessing that one of the conditions of the $350MM from the state is release from any claims by pensioners against the state [[that's pretty standard).
Right now, we are at the "game of chicken" stage of this bankruptcy. If you are:
suburban water users--take the deal you're getting, or fight for a better deal and potentially get a worse one
Pensioners--cuts now, or bigger cuts later
Bondholders--cut a deal, or watch the other creditors cut better deals and get your return shrunk
I am interested to know if residents are seeing an uptick in services. Police/fire more responsive? Are city agencies better to deal with?
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