Citizens Invited to Meet with Emergency Financial Manager, City Officials
A Community Forum has been scheduled for 5:30 p.m., Monday, March 30, 2009,
in the Oakland County Commissioners' Auditorium. Emergency Financial Manager
Fred Leeb, Pontiac Mayor Clarence Phillips, City Council President Art
McClellan, and representatives from the Michigan Department of Treasury will be
on hand to address residents' questions about the city's financial emergency and
to provide information about the Public Act 72 process, under which Mr. Leeb has
been appointed Emergency Financial Manager (EFM).
The Community Forum will be held in the Oakland County Commissioners'
Auditorium, at 1200 North Telegraph Road, in Pontiac.
Mr. Leeb was appointed EFM by the Local Emergency Financial Assistance Loan
Board (ELB) on March 19, 2009.
For more information on the Local Government Fiscal Responsibility Act,
including an explanation of the PA 72 process, visit Treasury's Web site at
www.michigan.gov/treasury and select the Local Government Services button.