Section 141.1547 - Local government options; approval of resolution by mayor or school board; failure of local governing body to pass resolution; limitation(1) Notwithstanding section 6(3), upon the confirmation of a finding of a financial emergency under section 6, the governing body of the local government shall, by resolution within 7 days after the confirmation of a finding of a financial emergency, select 1 of the following local government options to address the financial emergency:(a) The consent agreement option pursuant to section 8.(b) The emergency manager option pursuant to section 9.(c) The neutral evaluation process option pursuant to section 25.(d) The chapter 9 bankruptcy option pursuant to section 26.(2) Subject to subsection (3), if the local government has a strong mayor, the resolution under subsection (1) requires strong mayor approval. If the local government is a school district, the resolution shall be approved by the school board. The resolution shall be filed with the state treasurer, with a copy to the superintendent of public instruction if the local government is a school district.(3) If the governing body of the local government does not pass a resolution as required under subsection (1), the local government shall proceed under the neutral evaluation process pursuant to section 25.(4) Subject to section 9(6)(c) and (11), unless authorized by the governor, a local government shall not utilize 1 of the local options listed in subsection (1)(a) to (d) more than 1 time.Added by 2012, Act 436,s 7, eff. 3/28/2013.