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The Detroit Financial District is a United States historic district in downtown Detroit, Michigan. The district was listed on the U.S. National Register of Historic Places on December 14, 2009, [ 1 ] and was announced as the featured listing in the National Park Service 's weekly list of December 24, 2009.
Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama's $4-billion filing in 2011. [1]
Detroit’s Police and Fire Retirement System and the city of Detroit agreed that the city will catch up on deferred payments over 30 years, not 20. ... Detroit Fire Department firefighter Jeffrey ...
The Detroit Water and Sewerage Department is a sprawling network covering 1,079 square-miles, [1] [3] servicing more than 40 percent of the U.S. state of Michigan's population, [1] and employing nearly 2,000 people. [4]
Michigan Gov. Rick Snyder declared last week that Detroit is in a "financial emergency," and he said that he would appoint a fiscal manager to oversee the city's finances by March 12 if local ...
The idea of consolidating Detroit's public safety was not a new idea, and in fact had been discussed extensively as far back as Mayor Dennis Archer's administration but it wasn't until recent years that the city began to realize that 1300 Beaubien, where the Detroit Police had been headquartered since 1923, was beginning to show signs of aging and serious structural problems as well as an ...
In 1986 a state court appointed a receiver, Louis Schimmel, for the city of Ecorse which had a $6 million deficit. The court appointed receivership lasted until 1990. [1]The financial emergency status, along with the Emergency Financial Manager (EFM) position, was first created in Public Act 101 of 1988 for the specific emergency in Hamtramck.
The Detroit Land Bank Authority [1] is a public authority that owns and manages approximately 100,000 parcels of property in the city of Detroit, making it the city's largest landowner. [ 2 ] Occasionally framed as a quasi-governmental entity , the Detroit Land Bank operates a number of programs to reduce the number of Detroit properties that ...