Cobo expansion is signed into law

Cobo may finally see an upgrade now that Gov. Granholm has put it into law.

Excerpt:

Gov. Jennifer Granholm has signed into law legislation calling for $288 million to be spent on the expansion of aging Cobo Center.

The plan also increases the 700,000 square feet of convention space at the downtown Detroit convention venue by 166,000 square feet and hands over its operation to a five-member board.

That authority would be made up of Detroit and the three surrounding counties, with one member appointed by the governor's office. It would have the power to sell bonds and collect tax revenue from hotels and other sources.

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