Detroit Institute of Arts

6:44 pm
Sun February 23, 2014

State Funds for Detroit Artwork Likely to Include Strings

Lead in text: 
Governor Rick Snyder has said funding for Detroit Institute of Arts collection would be part of overall settlement
One of the key elements of the proposed plan of adjustment to resolve the Detroit bankruptcy, made public Friday, is the so-called grand bargain designed to protect Detroit pensioners and the artwork of the Detroit Institute of Arts.
6:27 am
Wed January 29, 2014

Kellogg Foundation adds $40-million to preserve DIA art and Detroit pensions

Lead in text: 
Battle Creek foundation joins nine others in pledging support to Detroit
With the gift, Kellogg joins joins nine other national and local foundations that previously seeded the fund with $330 million in pledges. It's all part of the so-called grand bargain to protect the Detroit Institute of Arts and city wokers' pensions from being affected by Detroit's bankruptcy.
7:23 am
Mon January 27, 2014

Snyder considers options to pay for assistance with DIA and Detroit pensions

Lead in text: 
Governor wants to use state aid to protect art and pensions during bankruptcy proceedings
Lansing Gov. Rick Snyders administration is considering whether to borrow $350 million to pump into Detroits pension funds or set aside $17.5 million in annual payments for the next 20 years from the states tobacco lawsuit settlement fund.
7:15 am
Thu January 23, 2014

Governor Snyder wants $350-million in state money to protect Detroit pensions, DIA artwork

Lead in text: 
Snyder and House Speaker Bolger say settlement will benefit entire state
LANSING, MI -- Michigan Gov. Rick Snyder, stressing the statewide importance of a strong Detroit, confirmed Wednesday a plan to bolster retiree pensions as part of a possible settlement to speed up the city's ongoing bankruptcy case.
6:23 am
Wed January 22, 2014

Snyder expected to announce plan on Detroit Institute of Arts, city pensions

Lead in text: 
Governor had proposed a $350-million commitment from state. No details of potential deal released
LANSING - Gov. Rick Snyder met Tuesday with leaders of the Legislature in an attempt to reach a state funding deal to protect Detroit pensioners and the Detroit Institute of Arts collection from ongoing Chapter 9 bankruptcy proceedings in Michigan's largest city.