Wednesday June 13 at 10am Judge William Collette will be hearing the case of The City of Detroit vs State of Michigan, et al, case 1266-MK. This case presented by Corporation Counsel, James Noseda, will test the legitimacy of the Financial Stability Agreement (aka Consent Agreement).
Update: Corporation Counsel Krystal Crittendon will be meeting with Detroit City Council at 2:30 pm on Wednesday (closed session).
Board the Bus to Lansing[map / directions]. The bus will be leaving at 8am to arrive at the court in Mason, MI in time for those attending to get a seat in court.
History of the Consent Agreement, re: Corporation Counsel
- April 1, 2012 Corporation Counsel to those writing the Financial Stability Agreement (FSA).
- April 4, 2012 City Council approves the Consent Agreement (FSA) voting 5-4 in favor. Voting in favor are: City Council President Charles Pugh, Council Pro Tem Gary Brown, Members Kenneth V Cockrel Jr, Saunteel Jenkins, and James Tate. Opposed are Council Members JoAnn Watson, Brenda Jones, Kwame Kenyatta, and Andre' Spivey.
- May 11, 2012 Corporation Counsel files case contesting the legality of the FSA.
- May 17, 2012
- June 1, 2012 Corporation Counsel files case to determine legality of FSA. Extracted financial obligations due Detroit are shown in the following section. Any one or more of these is grounds that the State of Michigan has a debt with the City of Detroit (Charter sec 2-113).
- June 7, 2012 State Treasurer to CFO Jack Martin (per FSA), cc: COO Chris Brown indicating State will not pay $80 million promised through the FSA of 2012 Limited Tax General Obligation Bonds should the lawsuit against the Financial Stability Agreement continue to court. The State Treasurer is concerned about the June 27 deadline for Take-Out Financing, indicating while legal action on the FSA is on-going the City's revenue sharing payments will be intercepted by U.S. Bank.
Financial Obligations Due Detroit per June 1 Case
|$39,730.58||Electrical services to DNR & DOT|
|$1,225.00||Delinquent parking violations for SOM vehicles|
|$1,395,377.10||Past due invoices to DNR and DOT|
|$4,723,926.65||Upaid water & sewage at State Fairgrounds|
|$267,946.76||Drainage of state highways|
|$224,000,000.00||Revenue sharing monies as admitted by Andy Dillon on January 3, 2012 on WCHB radio during the "Inside Detroit" show.|
|$230,428,206.09||Total per listed amounts in case|