Michigan

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 county says it's closer to an agreement to build a criminal justice center at new location.

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

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

Public school districts with bonds are feeling a new urgency to try to refinance their bonds before the potential passage of a new federal tax bill.

A plan to build a $520-million criminal justice complex is moving forward after the Detroit City Council approved a deal allowing a land swap.

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

The land swap is one of the obstacles that must be cleared to build Wayne County a new jail at a new site.

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.

Cities and states on the the borders are vulnerable to falling tax receipts amid protectionist rhetoric that threatens NAFTA, Fitch Ratings said.

Without tax-exempt private activity bonds, charters would have to turn to more expensive and restrictive capital sources.

The loss of Southwest means enplanement costs go up, reducing its competitive advantage over nearby Detroit.

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

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

Royal Oak Township had been under the agreement since 2014.

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

The city of Holland may have a plan to pay down its unfunded pensions.

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.

City council members say they need more time to consider contract and other options.