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Montebello hires interim administrator to help solve financial problems

May 13, 2011 12:20:22 AM- latimes.com
The council approves a six-month contract with Larry Kosmont, a real estate consultant and former city manager of Bell Gardens. The city is facing possible insolvency if it can't obtain a loan by October.

Faced with possible insolvency, city leaders in Montebello have approved a six-month contract with a real estate consultant to help the city climb out of its financial mess.

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