BANKRUPTCY: Judge to look over proposed borrowing agreement for Detroit

DETROIT (WXYZ) - Tuesday marks another important day in the Detroit bankruptcy hearings.

Judge Steven Rhodes is expected to look over a proposed borrowing agreement.

The proposed loan would be the first major financing pact taken out by a city that is operating under Chapter 9 Bankruptcy protection.

The loan would allow the city to begin restoring city services and help attract new residents.

Stay with and 7 Action News for updates.

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