Detroit City Council Approves Transfer of DIA Assets

7:09 am
Tue June 17, 2014

Detroit City Council Approves Transfer of DIA Assets

Lead in text: 
Move is called important to protect works of art and pensions of Detroit city workers
The City Council Monday gave its final approval of a bankruptcy plan to transfer the assets of the Detroit Institute of Arts to an irrevocable trust in exchange for state and foundation funding to aid city pensioners.