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Financial Woes Simmered Before DSC's
20111003-NEWS--0001-NAT-CCI-CD_-- 9/30/2011 6:14 PM Page 1 ® www.crainsdetroit.com Vol. 27, No. 41 OCTOBER 3 – 9, 2011 $2 a copy; $59 a year ©Entire contents copyright 2011 by Crain Communications Inc. All rights reserved Page 3 Supply base on edge over Furukawa probe A window opens Wayne County development organizations too chummy? NATHAN SKID/CRAIN’S DETROIT BUSINESS for homebuilding “You have a nonprofit trying to run like a business but forced to account like a nonprofit,” said former President and CEO Kevin Prihod of the Detroit Lots bought Science Center’s challenges. in recession Financial woes are fertile fields BY DANIEL DUGGAN simmered CRAIN’S DETROIT BUSINESS Homebuilders are building again. before DSC’s Fewer existing homes listed for Whelan, other warehousers sale, combined with prices that put stock in parts storage are starting to increase, have giv- en builders the green light. quick closure The 2,000 homes permitted in the first half of 2011 Inside BY SHERRI WELCH LOSER outpaced 2010 by CRAIN’S DETROIT BUSINESS C 18.5 percent, and LOOK developers expect a Council, DEGC agree The Detroit Science Center’s two- strong third quar- on outline of rail-building week closure and the resignation of The ter: July had the its president and CEO were sudden numbers: second-most per- Housing authority, Page 6 — but its problems were not. mits of any month As its operations and campus permits by county, city, since 2007. August grew to include a 4-D theater, the builder, was fourth. -
United States Bankruptcy Court Eastern District of Michigan Southern Division
UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF MICHIGAN SOUTHERN DIVISION ----------------------------------------------------x : : In re: Chapter 9 : CITY OF DETROIT, MICHIGAN, : Case No. 13-53846 : Debtor. Hon. Steven W. Rhodes : : ----------------------------------------------------x CORRECTED AMENDED STIPULATION TO ENTRY OF CORRECTED AMENDED JOINT FINAL PRETRIAL ORDER BY DEBTOR AND CERTAIN PLAN OBJECTORS Pursuant to Local Bankruptcy Rule 7016-1 and paragraph 6(c) of the Eighth Amended Order Establishing Procedures, Deadlines and Hearing Dates Relating to the Debtor’s Plan of Adjustment (Aug. 13, 2014) [Dkt. 6699], (a) the City of Detroit, Michigan (the “City”), the proponent of the Sixth Amended Plan for the Adjustment of Debts of the City of Detroit (Aug. 20, 2014) [Dkt. 6908] (as it may be further amended, modified or supplemented, and including all exhibits and attachments thereto, the “Plan”), (b) certain supporters of the Plan (collectively with the City, the “Plan Supporters”), including The Detroit Institute of Arts, a Michigan nonprofit corporation (the “DIA Corp.”), the Official Committee of 13-53846-swr Doc 7211 Filed 08/30/14 Entered 08/30/14 13:37:51 Page 1 of 384 Retirees of the City of Detroit (the “Committee”), the Police and Fire Retirement System of the City of Detroit and the General Retirement System of the City of Detroit (together, the “Retirement Systems”), the Detroit Police Officers Association (the “DPOA”), the Retiree Association Parties, and the State of Michigan, and (c) certain objectors to the Plan (collectively, the “Objectors”), including (i) Syncora Guarantee Inc. and Syncora Capital Assurance Inc. (together, “Syncora”), (ii) Financial Guaranty Insurance Company (“FGIC”), (iii) Assured Guaranty Municipal Corporation (“Assured”), (iv) National Public Finance Guarantee Corporation (“National”), (v) Berkshire Hathaway Assurance Corporation (“BHAC”), (vi) U.S. -
Tenants at Will of the Legislature: an Exploratory Case Study of Michigan’S Emergency Manager Statutes
Tenants at Will of the Legislature: An Exploratory Case Study of Michigan’s Emergency Manager Statutes Matthew R. Jones Submitted to Yale Gordon College of Liberal Arts, University of Baltimore In partial fulfillment of the requirements for the degree of: Doctor of Public Administration February, 2016 1 ACKNOWLEDGEMENTS The completion of a doctoral degree is a culmination of lifelong educational pursuit. As such, it is not accomplished by the individual alone, but is a product of their life experience inclusive of the love and support of family and friends, as well as the direction from the academic scholars and professors. A large share of gratitude and acknowledgement goes to my dissertation committee: Dr. Lenneal Henderson, Dr. Ed Gibson and Dr. Lorenda Naylor, for dedicating their valuable time, and providing guidance during my scholarly journey. The expertise was instrumental and their teaching and scholarship was inspirational. To my parents, Robert and Annet, thank you for inspiring me, since childhood, with a love for reading and continuous learning. To my grandfather, Bert, and my brother Jeff, thank you for the support over the years. A special thank you to Samantha, for her love, support and understanding throughout my academic pursuits. 2 ABSTRACT Tenants at Will of the Legislature: An Exploratory Case Study of Michigan’s Emergency Manager Statutes Matthew R. Jones In July 2013, the city of Detroit filed for bankruptcy, representing the largest filing for municipal bankruptcy in the history of the United States. The public administrator behind the filing, Emergency Manager Kevyn Orr, was not a resident of Detroit, or the state of Michigan, and was never elected by residents of Detroit or Michigan to any public office. -
Unmaking the Motor City by Heather Thompson
+(,121/,1( Citation: 15 J.L. Soc'y 41 2013-2014 Content downloaded/printed from HeinOnline (http://heinonline.org) Tue Apr 28 17:35:31 2015 -- Your use of this HeinOnline PDF indicates your acceptance of HeinOnline's Terms and Conditions of the license agreement available at http://heinonline.org/HOL/License -- The search text of this PDF is generated from uncorrected OCR text. -- To obtain permission to use this article beyond the scope of your HeinOnline license, please use: https://www.copyright.com/ccc/basicSearch.do? &operation=go&searchType=0 &lastSearch=simple&all=on&titleOrStdNo=1538-5876 UNMAKING THE MOTOR CITY IN THE AGE OF MASS INCARCERATION HEATHER ANN THOMPSON' Table of Contents I. WHAT HAPPENED TO DETROIT? ......................... .. .. .. .. .. .. .. 41 II. WHAT HAPPENED TO DETROIT... THE MORE COMPLICATED STO RY ........................................................................................... 43 A. The Criminalizationof Urban Space ...................................... 43 B. Why the War on Crime?........................................................... 44 1. A Revolution in DrugLegislation ...................................... 46 2. Sentencing and Parole...................................................... 47 3. The Criminalizationof Detroit Schools ............................. 48 C. Detroit's Urban Crisis............................................................. 49 1. M illion Dollar Blocks ........................................................ 50 2. OrphanedChildren .......................................................... -
WJBK, DETROIT, MI This Report Covers the Time Period September 1, 2003 – August 31, 2004 (Except Where Otherwise Specifically Noted)
WJBK, DETROIT, MI This report covers the time period September 1, 2003 – August 31, 2004 (except where otherwise specifically noted). Local Newscasts and Key Stories WJBK airs 42.5 hours of local news each week, at the following times: Monday – Friday, 5 a.m. – 9 a.m. Monday – Friday, 12 p.m. – 12:30 p.m. Monday – Friday, 5 p.m. – 6:30 p.m. Monday – Friday, 10 p.m. – 11 p.m. Saturday, 6 p.m. – 7 p.m. Saturday – Sunday, 8 a.m. – 10 a.m. Saturday – Sunday, 10 p.m. – 11 p.m. Sunday, 6 p.m. – 6:30 p.m. Community service is something that WJBK takes extremely seriously – it's at the core of the station's mission. The station's news team is known throughout the Detroit area as the "FOX2 Problem Solvers." WJBK focuses its efforts each day on using the power of television to solve viewer problems and make the Detroit community a better place. In addition, in every newscast, WJBK airs health and money stories that support its "news that works for you" philosophy. The station also has news franchises called "Parent 2 Parent" (offering parenting tips) and "Honor Roll" (highlighting young people who give back to the community). Provided below is a brief summary of important local stories that WJBK has covered recently within its local news broadcasts: * Problem Solvers. Kaytya – 3 years old – was born with a defect in which part of her brain is growing outside her head. A world-renown surgeon and Detroit native was willing to operate at Johns Hopkins in Baltimore – but Medicaid wouldn’t cover the surgery that would drastically improve Kaytya’s quality of life. -
As Supplier Empire Falls, a Money Puzzle Unravels
20130204-NEWS--0001-NAT-CCI-CD_-- 2/1/2013 6:42 PM Page 1 ® www.crainsdetroit.com Vol. 29, No. 5 FEBRUARY 4 – 10, 2013 $2 a copy; $59 a year ©Entire contents copyright 2013 by Crain Communications Inc. All rights reserved Page 3 State wants in on games for charities Company has new approach JEFF JOHNSTON/CDB Parties face to medical pot transactions closer scrutiny Business Education BY SHERRI WELCH Colleges add lures to fish CRAIN’S DETROIT BUSINESS smaller student pool, Page 11 Charities hosting fundraising “mil- lionaire parties” will soon face new As supplier empire falls, state regulations — and could see new Crain’s Lists fees on casino-style games — as the Largest Washtenaw state seeks to capture a portion of the money coursing through crowded and Livingston County charity poker rooms. employers, Pages 18, 19 Millionaire parties generated more a money puzzle unravels than $184 million in cash activity in fiscal 2012. That’s up from $3.4 million This Just In in 2003 but down from the reported Revstone chief faces scrutiny from feds, creditors $194 million generated by charity WSU mulls $12 million games in 2011, according to the Michi- gan Bureau of State Lottery’s Charitable tech ed center in Warren BY DUSTIN WALSH tor, Clearwater, Fla.-based Boston ernment over allegedly raiding Gaming Division. CRAIN’S DETROIT BUSINESS Finance Group LLC. employee pension funds of $34.6 Last year, charities that hosted mil- Wayne State University could Revstone million to keep Revstone afloat lionaire parties collectively raised build a new $12 million, Revstone Industries LLC founder and Boston Fi- and fund his expensive lifestyle, more than $15.6 million. -
WJBK – DETROIT, MI This Report Covers the Time Period November 1, 2005 to October 31, 2007 (Except Where Otherwise Specifically Noted)
1 WJBK – DETROIT, MI This report covers the time period November 1, 2005 to October 31, 2007 (except where otherwise specifically noted). I. PROGRAMMING a. Local Newscasts: WJBK airs 50 hours of local news each week (including 7 hours of repeats), at the following times: Monday – Friday: 5 a.m. – 9 a.m. Monday – Friday: 11 a.m. – Noon Monday – Friday: 5 p.m. – 6:30 p.m. Monday –Sunday: 10 p.m. – 11:00 p.m. Monday – Friday: 11 p.m. – 11:30 p.m. (launched 9/24/07) Monday – Friday: 2:00 a.m. – 3:00 a.m. (rebroadcast) Saturday: 7 a.m. – 10 a.m. Saturday: 6 p.m. – 7 p.m. Sunday: 6 p.m. – 6:30 p.m. Sunday: 11 p.m. – 11:30 p.m. (Sports news) b. Breaking News Stories: WJBK broke into and/or preempted regularly scheduled programming on numerous occasions during the period covered by this report in order to bring its viewers breaking news or disaster information. This coverage included extended reporting on severe weather warnings, amber alerts, school closings, and other emergencies. c. Local News Stories: WJBK’s mission is to provide Detroit viewers with important local news and information, in keeping with its own logo, “news that works for you.” From health and consumer news to unique franchises such as Parent 2 Parent, Honor Roll, Job Shop, and Michigan’s Most Wanted, FOX 2 News strives to bring useful and relevant content that will help viewers live happier, healthier and more productive lives. The FOX 2 Problem Solvers are now partnered with Crime Stoppers, and nightly segments in 10 p.m. -
Hot-Button Ordinances May Go up for Review
20100118-NEWS--0001-NAT-CCI-CD_-- 1/15/2010 5:30 PM Page 1 ® www.crainsdetroit.com Vol. 26, No. 3 JANUARY 18 – 24, 2010 $2 a copy; $59 a year ©Entire contents copyright 2010 by Crain Communications Inc. All rights reserved Page 3 Chinese fund CEO group says it’s time for Michigan tax restructuring loans $33.5M Hot-button ordinances Suspense hangs over fate of film industry, tax credits to Prestolite Inside Money needed for may go up for review Haiti earthquake relief: product launches How to get involved, Page 4 Privatization, Detroit preference questioned BY RYAN BEENE CRAIN’S DETROIT BUSINESS Second Stage Extra BY NANCY KAFFER nance. bid and compete for work.” Prestolite Electric Inc. ended CRAIN’S DETROIT BUSINESS Newly elected council President “We have to give the mayor the 2009 on a high note by closing a Charles Pugh said the city must ability to better negotiate better When number crunchers talk balance its books. prices for city services period,” deal to secure $33.5 million in about cutting Detroit’s costs, two fresh capital, defying the virtu- “It’s time to put Councilwoman issues come up: the city’s anti-pri- everything on the Saunteel Jenk- ally frozen credit markets that vatization ordinance and its policy defined much of last year. table, and that I’m a union guy ins said. “We of giving contract preference to means look- have to pro- The loan was issued to Detroit-based businesses. “ Prestolite’s subsidiary in China ing closely vide Detroiters Both provisions have been a po- ..