LANSING — The transition of Detroit's historic Belle Isle to a state park began Tuesday after the Michigan Emergency Loan Board approved a 30-year lease with the city.
The state has promised to make up to $20 million in improvements to the park over the next three years, while saving the city — which is seeking bankruptcy protection — $4 million to $6 million a year in operating costs. An entrance fee for motorists begins next year.
https://www.usatoday.com/story/news/...-park/3514141/
So if the city leased the island to the state,as a state park in order to save money - what is the 50 million for?
Unless the state said,okay we are going to give you these funds but you have to kick the 50 billion into the park?
The funding was not allotted to Detroit,it was allocated to the state who then split it up.
Giving up the island did not save the city 4 to 6 million in operating costs,because now they are paying the 50 million,so they gave up control of the park,needlessly,and now are kicking in 50 million to boot,gotta love government math.
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