Mayor Dave Bing announces he will not seek another term as Detroit's mayor

DETROIT (WXYZ) - Mayor Dave Bing has announced he will not seek a second term as mayor of Detroit.  However, he says that he has formed an exploratory committee to consider a run for Wayne County Executive.

The mayor made the announcement during a noon news conference regarding his political future.

The mayor led up to his announcement by citing a number of accomplishments made during his tenure that, he says, have helped to put the city on the right path.

Among the accomplishments he cited, were the formation of the lighting board and the demolition of dozens of vacant buildings.

However, Bing also blasted moves made by the state that he says have made him question their ideas about being a partner to help move the city forward.

Among the moves Bing questioned was the appointment of Emergency Manager Kevyn Orr.

Bing questions the decision because, he says, the city was already making progress before Orr's appointment by Governor Rick Snyder.

However, while Bing says the city is making progress, he also says there is still much work to do before Detroit is back to financial prosperity.

The deadline to file petitions to run for Detroit Mayor is at 4:00 p.m. today. At this point, many polls show the leading candidates as Wayne County Sheriff Benny Napoleon and former Detroit Medical Center CEO Mike Duggan.

Both men have yet to respond to Bing's announcement.

The 69-year-old professional basketball Hall-of-Famer and ex-steel supply company owner was elected in 2009. He inherited a budget deficit of more than $300 million.

In March, Detroit became the largest city in the country to fall under state oversight when Governor Snyder appointed bankruptcy attorney Orr as emergency manager. Orr has final say on all city financial matters.