(Reuters) - The Harrisburg, Pa., City Council passed a resolution on Tuesday night calling for a Chapter 9 bankruptcy filing, a city official said on Wednesday.
According to media reports, the city filed the documents for a rare municipal bankruptcy with a federal court after the vote. Bloomberg News reported the city listed liabilities of of $500 million and assets of $100 million.
The state legislature is considering a bill that would call for an eventual takeover of the city and the forced implementation of a fiscal rescue plan.
(Reporting by Edith Honane; Editing by Theodore d'Afflisio)