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245 (iv) the debtor is not prohibited by law from taking any action necessary to carry out the plan; (v) except to the extent that the holder of a particular claim has agreed to a different treatment of such claim, the plan provides that on the effective date of the plan, each holder of an administrative claim as specified in Section 507(a)(2) will receive on account of such claim cash equal to the allowed amount of such claim; (vi) any regulatory or electoral approval necessary under applicable non-bankruptcy law in order to carry out any provision of the plan has been obtained, or such provision is expressly conditioned on such approval; and (vii) the plan is in the "best interests" of creditors and is "feasible." 11 U.S.C. § 943(b). In the Chapter 9 context, "best interests of creditors" is generally interpreted to mean that the plan is better than other alternatives available to creditors and "feasible" is interpreted to include an analysis of not only whether the debtor can pay prepetition debts, but also whether it can provide future public services in its status as a municipality. See In re Mount Carbon Metro. Dist., 242 B.R. 18, 35 (Bankr. D. Colo. 1999). In addition, many of the confirmation requirements of Section 1129 are required under Chapter 9. See 11 U.S.C. § 901(a). Most significantly: (i) the plan has to be accepted by each class of claims or interests impaired under the plan; (ii) at least one class of impaired creditors must have accepted the plan; and (iii) if only one impaired class accepts, the "cramdown" provisions of Section 1129(b) must be satisfied.

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