The Detroit Institute of Art has reached its goal of raising $100 million over 20 years to help fund the city’s bankruptcy restructuring plan.
The bill for lawyers, consultants and other professionals in Detroit’s historic bankruptcy is $170 million.
Metro Detroit’s Top News Stories Of 2014; Pregnant Woman Killed On Lodge, Mob Beating, Mummified Body, And More
Say what you will about Detroit, it’s never boring.
Gov. Rick Snyder reminds low-income Detroit pensioners that they have until the end of the year to apply for special assistance.
The paperwork is in process and the nation’s largest municipal bankruptcy will end at midnight, the governor said.
Detroit’s emergency manager says the city no longer will be in a financial emergency when it officially exits bankruptcy.
The commission chair says their power should be restored – noting the alleged police brutality in places like Ferguson, Missouri.
Kevyn Orr says he hopes to resign from his post as Detroit EM within the next week or two.
‘Michigan Matters’ Focus: Chamber Leaders Sound Off On Lame Duck Lansing Legislature, Motor City, Gov. Snyder
Rich Studley, CEO of the Michigan Chamber of Commerce, is convinced Michigan’s roads will finally get the attention and resources needed to repair them after some tough winters that have wreaked havoc for motorists.
Detroit’s main pension fund plans to hold public meetings in early December to discuss upcoming cuts and an opportunity for retirees to apply for financial help.