News from City of Detroit A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages.

Latest

Oct 16, 2014, 16:13 ET Detroit Emergency Manager Says Settlement with Last Creditor Clears Major Hurdle in Bankruptcy Plan Confirmation

 Kevyn D. Orr, Emergency Manager for the City of Detroit ("City"), issued the following statement regarding today's announced settlement with...


Aug 28, 2014, 14:39 ET City of Detroit Secures $275 Million Chapter 9 Exit Financing Bond Facility Commitment from Barclays Capital

 Kevyn Orr, the Emergency Manager for the City of Detroit ("Detroit" or the "City"), announced today that the City has secured a $275 million...


Jul 28, 2014, 17:40 ET City of Detroit Files 2013 Comprehensive Annual Financial Report Audited by KPMG

 The City of Detroit ("the City") has filed the 2013 Comprehensive Annual Financial Report ("CAFR") prepared by the City and audited by the...


Mar 31, 2014, 19:34 ET City of Detroit Files Amended Plan of Adjustment, Disclosure Statement

 The City of Detroit (the "City") today filed an amended plan of adjustment (the "Plan") and a related disclosure statement (the "Disclosure...


Mar 03, 2014, 20:39 ET City of Detroit Reaches 'Swaps' Settlement with UBS and Merrill Lynch

Kevyn Orr, the Emergency Manager for the City of Detroit ("Detroit" or the "City"), announced today that the City, UBS AG ("UBS") and Merrill Lynch...


Feb 21, 2014, 11:15 ET City of Detroit Files Plan of Adjustment and Related Disclosure Statement

 Kevyn Orr, the Emergency Manager for the City of Detroit ("Detroit" or the "City"), today filed the City's Plan of Adjustment ("Plan") and a...


Jan 31, 2014, 18:58 ET City of Detroit Sues to End Pension Finance Schemes

Kevyn Orr, Emergency Manager for the City of Detroit, ("Detroit" or "the City") today authorized the City to take legal action to end the...


Jan 29, 2014, 17:55 ET City of Detroit Emergency Manager Presents Plan of Adjustment to Creditors

Kevyn Orr, the Emergency Manager for the City of Detroit ("Detroit" or the "City"), today presented to the City's creditors who are participating...


Jan 16, 2014, 17:43 ET City of Detroit Issues Statement on Pension 'Swaps' Settlement and Post-Petition Financing Decision

 Kevyn Orr, the Emergency Manager for the City of Detroit ("Detroit" or the "City"), issued the following statement on behalf of the City...


Dec 24, 2013, 16:43 ET City of Detroit, Banks Reach Agreement to 'Significant Reduction' on Pension Swaps Termination Deal

Following two days of intense negotiations with a federal mediator, the City and the banks that underwrote a controversial pension funding plan...


Oct 11, 2013, 15:43 ET City of Detroit Receives Commitment for up to $350 Million of Post-Petition Financing

Kevyn Orr, the Emergency Manager for the City of Detroit ("Detroit" or the "City"), today announced that the City has received a commitment for...


Jul 18, 2013, 17:24 ET City of Detroit Commences Chapter 9 Case to Pursue Its Restructuring and Revitalization Plan

Kevyn Orr, the Emergency Manager for the City of Detroit ("Detroit" or the "City"), today announced that Detroit has commenced a chapter 9...


Jul 05, 2013, 16:30 ET Detroit Sues Financial Insurer Syncora to Release Improperly Captured City Casino Revenues

The City of Detroit today filed suit in Wayne County Circuit Court against Syncora Guarantee Inc. to recover up to $11 million a month in casino...


Jun 14, 2013, 11:46 ET Emergency Manager Presents Plan to Secure a Viable, Strong Detroit

Kevyn Orr, the Emergency Manager for the City of Detroit, today presented to the City's creditors a plan that outlines the required steps to secure...


Jun 28, 2005, 01:00 ET Mayor's Office Response to Possible Detroit Zoo Cuts

DETROIT, June 28 /PRNewswire/ -- The following is a statement by Derrick Miller, Chief Administrative Officer, City of Detroit: Back in...


Apr 18, 2003, 01:00 ET Detroit Mayor Kilpatrick Announces Hip-Hop Summit for April 26 In Partnership With HSAN, NAACP, Clear Channel

DETROIT, April 18 /PRNewswire/ -- At a time when political candidates traditionally ignored 18- to 35-year-olds, 31-year-old Kwame M. Kilpatrick...


Nov 01, 2002, 00:00 ET Detroit Mayor Kwame M. Kilpatrick Thanks Angels' Night Volunteers

DETROIT, Nov. 1 /PRNewswire/ -- On the heels of what will go down in Detroit history as the safest Angels' Night period to date, Mayor Kwame M....


Oct 25, 2002, 01:00 ET Mayor Kwame M. Kilpatrick to Thank Erie Township Community For Assisting Detroit Schoolchildren Following School Bus Crash

DETROIT, Oct. 25 /PRNewswire/ -- Mayor Kwame M. Kilpatrick will visit Erie Township Tuesday, Oct. 29, to thank members of the surrounding...


Oct 25, 2002, 01:00 ET Detroit Mayor Kilpatrick Unveils Urban Agenda on West Side of the State

GRAND RAPIDS, Mich., Oct. 25 /PRNewswire/ -- Detroit Mayor Kwame M. Kilpatrick will unveil Detroit's new urban agenda in western Michigan where...


Sep 09, 2002, 01:00 ET Detroit Homeland Security Strategy - One of Nation's First - Complete with Mayor's Appointment

DETROIT, Sept. 9 /PRNewswire/ -- Mayor Kwame M. Kilpatrick today announced the appointment of Shelby L. Slater as Detroit's Homeland Security...


Oct 19, 2001, 01:00 ET Downtown Detroit Improvement Program Update On Construction Conditions For October 19-26

DETROIT, Oct. 19 /PRNewswire/ -- Listed below are the construction projects and events that may affect traffic in the downtown Detroit area...


Oct 16, 2001, 01:00 ET Detroit Mayor Archer Encourages Citizens to Continue Vigilance As City Releases Public Health Guidelines for Handling Mail

DETROIT, Oct. 16 /PRNewswire/ -- Mayor Dennis W. Archer issued the following letter to City of Detroit employees and released general public...


Oct 10, 2001, 01:00 ET Economy Fails to Improve: Detroit Mayor Dennis W. Archer Mandates $60 Million in Cuts to Current Budget

DETROIT, Oct. 10 /PRNewswire/ -- Mayor Dennis W. Archer is announcing today several steps designed to limit the current negative impact of the...


Oct 05, 2001, 01:00 ET Downtown Detroit Improvement Program Update On Construction Conditions for October 5-12

DETROIT, Oct. 5 /PRNewswire/ -- Listed below are the construction projects and events that may affect traffic in the downtown Detroit area...


Oct 05, 2001, 01:00 ET Increased Security Measures at Coleman A. Young Municipal Center Announced by City of Detroit

DETROIT, Oct. 5 /PRNewswire/ -- Additional security measures are now in place at the Coleman A. Young Municipal Center (CAYMC), formerly the...