Tagged: Public Act 4

Governor Snyder says he’s happy Detroit leaders have signed off on a “historic” consent agreement, but now it’s time to get moving on the restructuring plan the deal calls for.

But at a Thursday roundtable with reporters, Snyder said Detroit’s fiscal problems have been building for decades, and won’t be solved overnight.

It’s all but official: Detroit and the state have struck a deal to avoid an emergency manager for the city.

In a contentious 5-4 vote, the City Council approved a consent agreement with the state. The narrow vote came after an emotionally-charged debate that sometimes erupted into hostility.

But everyone agreed on one point: the city of Detroit will never be the same.