Nora Colomer

Wayne State University's partnership with a private developer may serve as a model -- especially if the pending tax law bans private activity bonds.

The group plans to sell roughly $1 billion of bonds, with a mix of btax-exempt and taxable debt.

Mayor Rahm Emanuel said there would be no taxpayer funding.

The developer's transformational plan relies on roughly $250 million of bond financing.

City Auditor Hugh Dorrian steered Columbus away from complicated debt instruments and protected its triple-A bond ratings.

Contract saves the city about $9 million by locking in a more favorable rate with Great Lakes Water Authority.

Tom Enright and Rick Hursh are managing directors of the firm’s new capital markets office in Indianapolis.

The council said the delay to Nov. 27 would buy more time for newly elected council members to weigh in on an amended version of a 30-year deal with Great Lakes Water Authority.

The Moody's downgrade comes amid large losses and higher capital spending.

Approximately $900 million of costs would be financed through sales tax revenue bonds.

The mill will recycle waste paper and corrugated containers.

Mike Duggan won another term in Detroit, and Flint's Karen Walker beat back a recall effort.

A study says tolls on existing Interstates could make up for the loss of fuel tax revenue caused by more efficient vehicles.

Developers no longer plan to build a new Major League Soccer stadium in downtown Detroit.

City Council approved another 30-day contract, risking the long-term deal.

The end of the probe was disclosed in offering documents for a $67 million refunding deal.

The bonds will refund debt the city sold in 2012 and 2013.

The council wants to buy time to decide on a longer term water contract.

The program heads to the Financial Review Commission and the Michigan Finance Authority for approval.

The $2 billion public-private partnership was put on hold after a federal judge issued an injunction.