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Detroit has dealt with unaffordable water rates, he said. Now, the city's Lifeline Plan program offers bills as low as $18 a month for eligible customers, but funding, he said, is short term.
Overview. The Detroit Water and Sewerage Department is a sprawling network covering 1,079 square-miles, [1] [3] servicing more than 40 percent of the U.S. state of Michigan 's population, [1] and employing nearly 2,000 people. [4] The DWSD is one of the most extensive and largest water and sewage systems in the United States. [1]
Karegnondi Water Authority (KWA) is a municipal corporation responsible for distributing water services in the Mid-Michigan and Thumb areas of the U.S. state of Michigan. Members of the authority are the cities of Flint and Lapeer, and the counties of Genesee, Lapeer and Sanilac. Karegnondi is a word from the Petan Indian language meaning "lake ...
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In October 2015, following a nationwide search, Sue McCormick, the director of the Detroit Water and Sewerage Department, was named the first chief executive officer of the Great Lakes Water Authority. GLWA formally assumed operations from the Detroit Water Sewer District on January 1, 2016. The GLWA also assumed $4 billion of DWSD's debt.
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Detroit bankruptcy. Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama 's $4-billion filing in 2011. [1]
Over $4 billion in debt (largest Chapter 9 bankruptcy until 2013 Detroit bankruptcy filing,) from sewer revenue bonds tainted by an interest rate swap bribery scandal with JPMorgan and county commissioner Larry Langford, and bond insurance credit rating collapse in the late-2000s subprime mortgage crisis, followed by the occupation tax being ...
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