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Donors Pledge $15M To Help Detroit Recreation Centers

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DETROIT (WWJ/AP) - Detroit Mayor Dave Bing says the financially struggling city has secured $15 million from outside donors to keep 17 recreation centers open.

Bing announced his recreation plan Wednesday with a goal to raise $24 million to pay for three years of programming.

Donors include automotive supplier Lear Corp., which has pledged $5 million during a 10-year period, and General Motors, which has committed $2 million.

The Bing administration is in talks to create a new Detroit Recreation Trust  that city officials believe would reduce costs, improve programming and help to  maintain and disperse the money raised from outside sources, The Detroit News reported. Money pledged to the trust can be used only for programming and won’t be part of the general fund.

The city currently pays about $20 million to operate the centers and aims to cut that amount to $10 million.

Before a consent agreement was reached with the state, Detroit was on course to be more than $400 million in debt, and was reportedly on the brink of bankruptcy.

TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press contributed to this report.

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