Section 11701.247 - Plan implementation(a)Coordinator's plan.--If the coordinator's plan is adopted by the municipal governing body, the coordinator shall be charged with implementing his plan and shall:(1) Give written notice of plan adoption to creditors, collective bargaining units and other parties who will be directly affected by plan implementation. In the notice he shall outline the provisions of the plan and specify how that person's claim or interest will be treated.(2) Initiate plan implementation and continue its implementation for at least four months.(3) Oversee completion of the plan either by directly controlling the implementation process or by turning the implementation process over to a person designated by the governing body or by the chief executive officer, as the case may be. The person designated shall supply the coordinator with monthly reports. The coordinator or the person designated by the governing body or by the chief executive officer, as the case may be, shall supply the department with monthly reports which shall contain the following information: (i) Evidence of payments to creditors as required under the plan.(ii) Evidence that the loan from the department is being repaid.(iii) Monthly revenue and expenditure sheets which indicate the balances of each in relation to the other.(iv) Evidence that the recommendations in the plan are being accomplished by the dates set in the plan where applicable.(4) Terminate the plan upon its completion in accordance with Subchapter C.1.(5) Suggest amendments to the plan which may be necessary to implement or complete the plan.(b)Chief executive officer's plan.--If the plan adopted is the plan proposed by the chief executive officer in an optional plan form of government or home rule charter, the chief executive officer shall have the duties of the coordinator set forth in subsection (a).(c)Municipal governing body's plan.--If the plan adopted is the plan proposed by the municipal governing body, a person designated by the governing body shall have the duties of the coordinator set forth in subsection (a). 1987, July 10, P.L. 246, No. 47, § 247, effective in 60 days. Amended 1992, June 30, P.L. 336, No. 69, § 1, imd. effective; 2014, Oct. 31, P.L. 2983, No. 199, § 15, effective in 60 days [Dec. 30, 2014].