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detroit

picture source: myfoxdetroit.com

It was a bi-partisan effort and Governor Rick Snyder said it took team work and not only should Detroiters be proud, but the state should be as a whole. Tuesday the Senate approved a $195 million package to honor the commitment the city made to retirees and pensioners. The Detroit Institute of Arts assets will be protected against being sold to serve as an agent to payoff city debt.

A Detroit Grandmont area resident says he’s relieved that the legislation was passed, “If at the end game, the folks who need the money is getting their money then it’s pretty much a no-brainer. No one should have to work hard and pay into a system and not be able to withdraw.”

Governor Snyder says that as soon as the bills reach his desk, he will sign them immediately. As for the present moment, the Governor said that the leadership in both the house and senate is commendable.

Detroit Mayor Mike Duggan released a statement thanking both the Senate Republican Leader Randy Richardville and Democratic Leader Gretchin Whitmer for their collective efforts to push the agenda forward. The legislation will supplement 23, 000 city workers. In exchange for the $195 million, a nine member board will have to oversee Detroit’s budgets for the next 13 years.

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