Editing Desert Hot Springs, California (section)

===Municipal bankruptcy===
In 2001 the town filed for a Chapter 9 municipal bankruptcy.<ref>[http://www.businessweek.com/news/2011-10-10/brown-signs-bill-to-limit-california-s-municipal-bankruptcies.html "Brown Signs Bill to Limit California's Municipal Bankruptcies", ''Business Week'', October 10, 2011] {{webarchive|url=https://web.archive.org/web/20111012191723/http://www.businessweek.com/news/2011-10-10/brown-signs-bill-to-limit-california-s-municipal-bankruptcies.html |date=October 12, 2011 }} Accessed October 18, 2011</ref> The bankruptcy was resolved in 2004<ref>[https://query.nytimes.com/gst/fullpage.html?res=9F03E3D61530F932A05750C0A9609C8B63 Caldwell, Dave. "Havens | Desert Hot Springs, Calif.; Near Palm Springs, A Little City Thinks Big", ''New York Times", March 31, 2006]</ref> by selling municipal bonds when it faced a legal judgment<ref group="note">The city issued $12.78 million in 40-year bonds to pay a $10.85 million debt. Of that amount, $8.85 million was paid to Silver Sage Partners, Ltd., which had successfully sued the city for discrimination under the Federal [[Civil Rights Act of 1968|Fair Housing Act]], and $2 million was paid to other creditors. The remainder was put into the general fund or used for other purposes.</ref><ref>{{Citation
 | last = Maeda
 | first = Toshi
 | title = With Chapter 9 status over today, Desert Hot Springs pins hope on growth
 | journal = [[The Desert Sun]]
 | url = https://ronslog.typepad.com/ronslog/2004/10/dhs_bankruptcy.html
 | pages = A–1
 | date = October 27, 2004
| via = Ron's Log (DHS Bankruptcy)
}}</ref> of almost $6 million.<ref>[https://www.bloomberg.com/apps/news?pid=newsarchive&sid=ajxCNoS2DEzE Marois, Michael B. and William Selway. "California City Moves Closer to Bankruptcy Filing (Update3)", ''Bloomberg'', February 27, 2008]</ref>