Detroit mayor wants to wipe out residential blight with bonds
Detroit Mayor Mike Duggan speaks during a panel discussion at the Kennedy School of Government at Harvard University in Cambridge/ CHICAGO (Reuters) - Detroit Mayor Mike Duggan unveiled a plan on Monday to sell up to $250 million of bonds to tackle the city's remaining blighted and abandoned houses over the next five years. If approved by the Detroit City Council, a bond measure would be placed on the March ballot, marking the first vote by residents on bonds since the city exited municipal bankruptcy in 2014. "This is a day we have been ...
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