Philadelphia officials said Friday they have come to terms on a power-sharing agreement with the city's oversight authority, but delays related to drafting the proposal will keep them from formally submitting it to the city council until later this week.

City Finance Director David Brenner said Friday that the major obstacles to an agreement had been overcome, and it was now a matter of lawyers working out the technical language. He said details of the arrangement could not be released until that process is complete.

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