Gov. Snyder and state treasurer Andy Dillon delivered their plan to Detroit city council this morning to turn around Detroit's finances.
The consent agreement calls for a financial advisory board with members appointed by the Governor, Mayor Bing, and city council to oversee decisions made by city leaders
The Detroit News reports that after negotiating with Gov. Snyder, Mayor Bing did not like the proposal, so Snyder decided to go straight to city council with the plan:
The governor and Bing neared a deal after a productive meeting Friday afternoon, and Snyder hoped an announcement could be made Monday morning, when the pair were scheduled to appear jointly at the Pancakes and Politics breakfast. But the mayor wobbled Sunday night, apparently concerned about giving away too much of his power, and Snyder decided to shoot the puck. He called Bing before the breakfast, told him he was taking the deal to council, and the mayor decided to skip the breakfast program.
Gov. Snyder said this morning that the city has until March 28 to decide on the consent agreement, after that, the Governor could decide to appoint an emergency manager to run things.
"We have offered every opportunity for the city to control its own fate," he said. "There's no point in this being adversarial. … But we don't have forever as an option."
So what do you think? You can read what others are saying about the consent agreement, or you can read a draft of the plan yourself and tell us what you think.
Should the city take this deal?