Detroit expects $195 million lump sum from state to help pensions, get city out of bankruptcy

  • by: ED WHITE , Associated Press
  • Updated: May 5, 2014 - 4:35 PM

DETROIT — Detroit is counting on a lump sum of $194.8 million from the state to shore up pensions and prevent the sale of valuable art as it tries to emerge from bankruptcy later this year, the city said Monday.

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