Mayor unveils $500 million plan that would improve public works, create business fund

Mayor Kwame Kilpatrick revealed details of a $500 million economic stimulus plan that will require bond sales.

Excerpt:

It calls for $200 million in public works spending – a new Eastern
District police headquarters near Conner and Gratiot, renovation of the
Northeastern and Western police districts, two new fire stations,
electric generators at 33 fire department facilities, a new fire
training complex, renovations at a host of Department of Public Works
facilities, new street lighting systems in several neighborhoods, park
renovations, and other projects.

Another $75 million would be
placed into a rainy day fund, $15 million put into a loan fund to
encourage businesses to expand, and $10 million set aside to address
foreclosures and other neighborhood issues.

Not everyone supports the plan, however. A Free Press editorial says the Mayor needs to “get realistic.” Read that take here.