DETROIT - A Michigan board has approved leasing Detroit's 985-acre Belle Isle park to the state.
Gov. Rick Snyder and emergency manager Kevyn Orr signed a 30-year lease on Oct. 1 to make Belle Isle a state park, saving Detroit $6 million annually in maintenance. But the city council rejected the deal and instead voted for a 10-year lease.
The Local Emergency Financial Assistance Loan Board on Tuesday went with the 30-year lease instead of the 10-year lease. The board is made up of members of Snyder's administration.
Orr has asked a federal judge to place Detroit under bankruptcy protection.
Under the Snyder-Orr deal, Michigan would invest $10 million to $20 million over three years. There'd be an annual $11 per-vehicle admission charge as at other state parks.
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