Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Detroit Council Will Appeal Governor’s Takeover Declaration

Don't Miss Out —
Follow us on:

March 6 (Bloomberg) -- The Detroit City Council voted today to appeal Michigan Governor Rick Snyder’s declaration that would let him install an emergency financial manager, an aide to President Pro Tem Gary Brown said.

The appeal will be heard in Lansing at 10 a.m. March 12, Marcel Hurt, Brown’s policy director, said in a telephone interview.

Snyder declared March 4 that Detroit is in a financial emergency with no satisfactory plan to reverse it, a step allowing the appointment of an official to take charge of finances.

Mayor Dave Bing said in a statement that while he agrees with the council that the city has a plan to stabilize its finances, an emergency manager will probably be named.

“The fighting must stop now,” Bing said in the e-mailed statement. “We need to end the drama and infighting and understand that whether we like it or not, an emergency financial manager is coming to Detroit.”

To contact the reporter on this story: Mark Niquette in Columbus at mniquette@bloomberg.net

To contact the editor responsible for this story: Stephen Merelman at smerelman@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.