Detroit finances put cultural institutions on edge
Written by Associated Press   
Friday, 31 May 2013 06:16

DETROIT (AP) — Cultural institutions with assets or collections that are tied to the city of Detroit are concerned about their own future after word that the Detroit Institute of Arts' collection could be sold to help satisfy creditors if Detroit seeks bankruptcy protection.

The Detroit News reports (http://bit.ly/10DZFo4 ) Friday that officials with the Detroit Historical Society, which rotates artifacts from its 250,000-piece collection between two Detroit museums, said they're determining next steps.

The Charles H. Wright Museum of African American History, Historic Fort Wayne and the Detroit Zoo also are among the institutions that could be at risk.

Detroit's state-appointed emergency manager Kevyn Orr last week said the DIA's collection could face sale if Detroit seeks bankruptcy protection.

Orr spokesman Bill Nowling says no decisions have been made to sell any assets.

___

Information from: The Detroit News, http://detnews.com/


Copyright 2013 The Associated Press.

 

Front Page Stories

Lake Twp. raises stink over trash collection
04/16/2014 | DEBBIE ROGERS Sentinel Staff Writer

MILLBURY - A new trash collection company in Lake Township is off to a stinky start.
But representati [ ... ]


N.B. hires full-time EMS chief
04/16/2014 | Sentinel-Tribune Staff
article thumbnail

NORTH BALTIMORE - The village has hired a full-time, interim EMS Chief.
Following a 30- [ ... ]


Other Front Page Articles