Miami Oversight Board gets tough, limits approval of contract payments

Molis, Jim
March 1998
Bond Buyer;03/04/98, Vol. 323 Issue 30343, p40
Trade Publication
Reports on the Miami Financial Emergency Oversight Board's tightening of its reins on the city due to officials' inaction on proposals for closing a projected deficit for the fiscal year 1998. Board's disapproval of contracts until it is satisfied with the way the city proposed to balance its budget; Mayor Xavier Suarez's attempt to revise a recovery plan approved by the oversight panel in January 1997.


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