Yūbari, Sorachi Subprefecture, Hokkaido, Japan

History
The city was founded on April 1, 1943 as a coal mining town. When the mines were operating Yūbari had as many as 120,000 people. With the closing of the mines in the 1980s, an attempt was made to convert the economic base to tourism. Subsidies were obtained from the central government and huge debts incurred for the building of tourist attractions, but few visitors came. In 2007 the city was in the news due to bankruptcy and the refusal of the national government to bail it out. City services had been severely cut and its white elephant amusement park and museums were up for sale. The amusement park has begun to be demolished as of June 2008.
Roughly half of Yūbari's government officials resigned in March 2007 as part of an attempt to streamline the local fiscal situation. The majority of officials stepping down who responded to a survey conducted by Mainichi Shimbun say they "feel no sense of responsibility" for the city's financial problems.