LIVE EVENT: Governor, DIA to make 'major announcement' - Fox 2 News Headlines

LIVE EVENT: Governor, DIA to make 'major announcement'

Posted: Updated:
DETROIT (AP) -- Michigan Gov. Rick Snyder is among officials expected to gather at The Detroit Institute of Arts to make what's been called a "major announcement" about a plan to help the city emerge from bankruptcy.
 
Snyder will speak Monday about the so-called grand bargain, which would preserve retiree pension benefits while protecting city-owned artwork at the DIA.
 
The museum wouldn't provide details, but an official recently told the Detroit Free Press that more information about donors would be announced soon.
 
About 2,800 city-owned artworks have been valued at between $454 million and $867 million. Some creditors want art sold to help settle debts.
 
The plan combines state funds with commitments from foundations and the art museum to shore up retirement systems and transfers the DIA's assets to a private nonprofit.

  • Local NewsLocal NewsMore>>

  • Rescue mission offers second chance to those who need it most

    Rescue mission offers second chance to those who need it most

    Friday, August 1 2014 6:39 PM EDT2014-08-01 22:39:11 GMT
    Mark Jones whips up a quick house salad with bacon, and he does it with pride.Not long ago -- he was homeless and living in a shelter. Now, thanks to Detroit Rescue Mission Ministries -- he has big news to share."I just got hired in on the 21st," Jones said.A full time job cooking in the kitchen at Cornerstone Bistro in Highland Park. He completed a 12-week training program which includes passing the state certification exam. And the 48-year-old has plenty of specialties."I cook lasagne, gumb...
    Mark Jones whips up a quick house salad with bacon, and he does it with pride.Not long ago -- he was homeless and living in a shelter. Now, thanks to Detroit Rescue Mission Ministries -- he has big news to share."I just got hired in on the 21st," Jones said.A full time job cooking in the kitchen at Cornerstone Bistro in Highland Park. He completed a 12-week training program which includes passing the state certification exam. And the 48-year-old has plenty of specialties."I cook lasagne, gumb...
  • Recycled car program helps those in need

    Recycled car program helps those in need

    Friday, August 1 2014 6:16 PM EDT2014-08-01 22:16:24 GMT
    "Life has been a struggle for me since I was little," said Debra Gregory. "(It) continues to be very hard." For years, abusive relationships and a string of domestic issues kept Gregory from owning her own car and moving forward. But today all that changed -- thanks to charitable organizations like 1-800 charity cars.Gregory was chosen by the charitable organization which works with the National Auto Body Council's Recycled Rides program to donate vehicles to those in need."I can go to the do...
    "Life has been a struggle for me since I was little," said Debra Gregory. "(It) continues to be very hard." For years, abusive relationships and a string of domestic issues kept Gregory from owning her own car and moving forward. But today all that changed -- thanks to charitable organizations like 1-800 charity cars.Gregory was chosen by the charitable organization which works with the National Auto Body Council's Recycled Rides program to donate vehicles to those in need."I can go to the do...
  • Undercover agents at murdered Armada teen's funeral

    Undercover agents at murdered Armada teen's funeral

    Friday, August 1 2014 6:07 PM EDT2014-08-01 22:07:12 GMT
    A community, clad in pink, gathered Friday for the funeral of the murdered Armada teen, April Millsap.
    A community, clad in pink, gathered Friday for the funeral of the murdered Armada teen, April Millsap.
  • Download the FOX 2 Apps


  • FOX 2 News Five-Day Forecast
Powered by WorldNow

WJBK-TV | Fox 2
16550 West Nine Mile Rd.
Southfield, MI 48075

Main Station: (248) 557-2000
Newsroom: (248) 552-5103

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices