Posted: 03/29/2012
DETROIT (AP) - The Detroit City Council is holding a special session to consider a resolution approving a financial stability agreement between the city and Gov. Rick Snyder's office.
The session is scheduled for 4 p.m. Thursday at City Hall.
Council members Saunteel Jenkins, Ken Cockrel Jr., James Tate and JoAnn Watson signed the request for the special session.
Detroit Mayor Dave Bing's office and some members of the City Council have been negotiating a consent agreement with the state that would head off the possible appointment of an emergency manager by Snyder.
During a town hall meeting Wednesday in Detroit, Snyder characterized the two sides as being close on an agreement.
Bing had been seeking a deal that would leave control of the city's finances in the hands of Detroit's elected officials.
You can also visit, Detroit2020.com for updates.
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