Tag Archive | "plan"

Video: Ford’s plan to put 2015 Mustang atop Empire State Building

The nearly 2:30 minute video — released today on YouTube — starts by discussing the stunt, which it performed with a prototype Mustang convertible in 1965, followed by engineers, technicians and executives discussing how they made sure the vehicle’s six pieces will fit in the 36 inch-wide elevator. Full News here – Detroit Business News

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Oakland, Macomb counties: Detroit water department plan lacks details

Chad Halcom – Oakland and Macomb counties are raising different legal objections as creditors in Detroit’s massive Chapter 9 bankruptcy case, but both focus largely on the future of the Detroit Water and Sewerage Department. Full News here – Crain’s Detroit Business – Latest Detroit News

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Oakland County attacks Detroit debt-cut plan, says it can’t be approved under bankruptcy rules

Bloomberg – Detroit’s debt-adjustment plan can’t be approved under bankruptcy rules, officials from Oakland County told the judge overseeing the city’s record $ 18 billion case. Full News here – Crain’s Detroit Business – Latest Detroit News

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Detroit bankruptcy plan calls for revitalizing Detroit city airport

Tucked away in Detroit Emergency Manager Kevyn Orr’s latest reorganization plan for the city was a little-notice suggestion aimed at revitalizing a badly underused Detroit asset — to put $ 28.5 million in new investment into the Coleman A. Young International Airport, better known by its former name of Detroit City Airport. Full News here […]

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Berman: Plan for urban woodland takes root May 17

On May 17, John Hantz — the financial services mogul who is planting an urban woodland — plans to grill sandwiches for any volunteers who show up to help plant 15,000 young maple and oak trees on 50 acres of newly cleared urban prairie. Full News here – Metro/State News RSS from The Detroit News

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Major League Soccer could consider Detroit team if mayor’s brother’s bold downtown plan succeeds

DETROIT, MI — A grass roots effort to bring a Major League Soccer team to Detroit could get a huge boost this spring if a longtime backer with local ties finalizes a plan by June 15 to build a stadium downtown and attract investors. Dan Duggan, a Livonia native, said Wednesday he’s about “80 percent” […]

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Detroit retirees pan revised bankruptcy plan, demand documents on art collection

A committee representing Detroit’s retirees is calling a revised version of city’s debt restructuring plan harsher than the original, and is demanding a massive amount of information on the value of the Detroit Institute of Arts collection. Full News here – Detroit News

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Detroit proposes deeper pension, bond cuts in debt plan

Bloomberg – Detroit proposed deeper cuts for police and firefighter pensions, as well as for some bondholders, as it seeks approval of a plan to reduce its $ 18 billion in debt in attempting bankruptcy protection. Full News here – Crain’s Detroit Business – Latest Detroit News

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Detroit files updated bankruptcy adjustment plan

The city of Detroit says it has filed an updated bankruptcy restructuring plan to pay off its creditors. Full News here – Detroit | WXYZ

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Detroit expected to file updated adjustment plan

Associated Press – The city of Detroit plans to file an updated bankruptcy restructuring plan to pay off its creditors today. A spokesman for Emergency Manager Kevyn ORr says the filings may contain agreements reached with creditors. Full News here – Crain’s Detroit Business – Latest Detroit News

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Detroit bankruptcy judge hiring his own expert on plan feasibility

Detroit bankruptcy judge hiring his own expert on plan feasibility

Bloomberg – Detroit’s bankruptcy judge is hiring his own independent expert witness to testify on whether the city’s municipal debt-adjustment plan is feasible and based on reasonable assumptions. Full News here – Crain’s Detroit Business – Latest Detroit News

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New development plan for Tiger Stadium site

Tiger Stadium is long gone but there?s a chance for new life for the hallowed group at the corner of Michigan and Trumbull. Full News here – Detroit | WXYZ

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Bond Insurer Files Suit Against Detroit in Setback for Bankruptcy Plan

Bond Insurer Files Suit Against Detroit in Setback for Bankruptcy Plan A bond insurer on Monday struck a blow against Detroit's proposal to exit bankruptcy, arguing in a new lawsuit that Detroit's approach would illegally discriminate against the city's third-biggest group of creditors — the investors who provided $ 1.4 … Full News here – […]

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Compromise metal theft prevention plan passes Michigan House, wins praise from Detroit mayor

The Michigan House on Wednesday night updated and advanced long-discussed legislation aiming to crack down on illegal metal theft that has become a major problem in many local communities. Full News here – Detroit News

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EAA board approves $2M plan for math, science labs at 7 schools

— The Education Achievement Authority wants to add science, technology, engineering and math labs to seven of its schools and use existing Title I money to pay for it. Full News here – Schools RSS from The Detroit News

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