LANSING, Mich. (AP) - A Michigan board is planning to meet to consider proposals to lease Detroit's 985-acre Belle Isle park to the state.
Gov. Rick Snyder and emergency manager Kevyn Orr signed a 30-year lease on Oct. 1 to make Belle Isle a state park, saving Detroit $6 million annually in maintenance. But the city council rejected the deal and instead voted for a 10-year lease.
The Local Emergency Financial Assistance Loan Board is scheduled to meet Tuesday afternoon in Lansing. The board is made up of members of Snyder's administration.
Orr has asked a federal judge to place Detroit under bankruptcy protection.
Under the Snyder-Orr deal, Michigan would invest $10 million to $20 million over three years. There'd be an annual $11 per-vehicle admission charge as at other state parks.(Copyright 2013 by The Associated Press. All Rights Reserved.)