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The Michigan Senate today revived and then approved legislation passed by the House nearly six months ago. The main bill won approval in a 25-13 vote following a change that allowed the city to retain more local control.
The revised legislation, which is expected to head back to the House for an up or down vote before hitting the governor's desk, would allow Detroit or any other Michigan municipality that owns a utility company to form a public authority capable of selling bonds to finance projects.
For the full article, see Jonathan Oosting, "Let there be light: Michigan Senate approves Detroit Lighting Authority once thought 'dead'", MLive, December 4, 2012.
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