DETROIT (WXYZ) - Detroit Mayor Mike Duggan has been lobbying Lansing legislators considering a package of bills that would give Detroit some $200 million in bankruptcy, but with a major condition.
It would require a 7-member state commission be formed to have financial oversight of Detroit for 20 years.
The commission could veto any financial decisions made by Mayor Duggan and the Detroit City Council.
Duggan tells 7 Action News they are negotiating when the ultimate power of the commission might be reduced.
Duggan is set to testify before a State House Committee looking into this issue next Tuesday in Lansing.