The city of Detroit has reached a deal with a union that represents thousands of city workers. Negotiations have been settled as the Coalition of Detroit Unions is in favor of a five-year collective bargaining agreement.

The terms of the agreement are yet to be released. Mediators say the agreement is fair and balanced. The provisions are subject to be confirmed by all members.

Mediators also say the terms will provide security for  workers and is financially practical for the city. The city is hopeful to transition out of bankruptcy this fall.

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