"While the actual agreement must be written, which we expect to do within the next seven to 10 days," Street said, "we are confident that this will result not only in a satisfactory contract but also an improved relationship between the parties."

According to the Inquirer, the issues of salary, pension, and orchestra size have been agreed upon, but other non-economic issues remain to be worked out.

When the orchestra's musicians and management could not reach an agreement concerning various cost-cutting and revenue-increasing proposals‹including reducing the size of the orchestra‹the musicians voted to authorize a strike on September 18, before agreeing to a month-long contract extension a day later. When that extension ran out, Mayor Street intervened, and another extension was agreed upon. Street has been working tirelessly with both musicians and management to come up with a new contract.

Concerts have continued throughout both contract extensions.