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City of Cle Elum, WA files for bankruptcy over housing dispute
CLE ELUM, Wash. - A nearly $26 million debt from an intense legal dispute over a delayed housing project has forced the City of Cle Elum into bankruptcy. Mayor Matthew Lundh said the decision was ...
The City of Cle Elum is only the second city in Washington state to file for bankruptcy. The first city to claim bankruptcy was North Bonneville in 1991, Bloomberg reported.
SEATTLE – The city of Cle Elum, Washington, filed for bankruptcy Tuesday after failing to reach a deal with a developer over a $26 million debt stemming from a legal dispute over a long-delayed ...
The small town of Cle Elum, Washington is one step closer to declaring bankruptcy after a special meeting and vote by its city council Tuesday night concerning how to manage a recent judgment ...
Business Local News Local Politics Northwest Real Estate Cle Elum declares bankruptcy over $26M debt June 24, 2025 at 6:24 pm Updated June 24, 2025 at 7:01 pm ...
What led Cle Elum to consider bankruptcy? In 2011, Cle Elum entered into their housing development contract with CHH to build 950 homesites across 358 acres north of downtown. At the time, both ...
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