LANSING, MI – The Ingham County Land Bank is continuing its expansion into commercial real estate in Lansing's Old Town. Land Bank officials and the new owners of Old Town Manor gathered Thursday afternoon at the renovated, century-old home on North Pine Street. The Land Bank purchased and remodeled the structure...and assisted with financing for the new owners. Ingham County Land Bank Chairman Eric Schertzing:
LANSING, MI – Unionized Lansing police officers say they're optimistic about reaching a contract with the city that may avoid 14 layoffs. Mayor Virg Bernero has authorized the layoffs to help close a budget shortfall.
LANSING, MI – House Fiscal Agency director Mitch Bean warns that Michigan is facing the prospect of more cities in receivership and school districts running out of money as state and local tax revenues plummet in the year ahead.
But economic development guru David Hollister says that Michigan's economy is bubbling with young entrepreneurs starting up information technology companies and ignoring problems at the state Capitol.
LANSING, MI – Michigan officials say they may go to court seeking a permanent solution to the threat posed by the Asian carp to the Great Lakes. They say that could become more urgent now that it appears at least one carp has jumped an electric barrier that's supposed to keep the fish out of the Chicago Sanitary and Ship Canal. That would leave only a shipping lock in the canal stopping the carp from reaching Lake Michigan.
LANSING, MI – Attorney General Mike Cox's office says he could decide within a few days whether to sue the U-S Army Corps of Engineers to shut down a Chicago shipping canal. Michigan officials say drastic action may be necessary to ensure the Great Lakes are not invaded by the Asian carp.
At least one carp has been found in the canal during a fish kill this week.
EAST LANSING, MI – The Michigan State women's basketball team returns to Breslin Center for just the second time this season, as it welcomes North Carolina in the Big Ten/ACC Challenge. Game time tonight is 8:30.
CHICAGO – John Salmons scored 22 points, Derrick Rose added 19 and the Chicago Bulls ended a five-game losing streak by beating the Detroit Pistons 92-85 on Wednesday night.
Detroit's Ben Gordon made his return to the United Center and heard the boos from the crowd. Gordon, who led the Bulls in scoring the previous four seasons before signing a five-year, $55 million contract with Detroit in the offseason, scored 18 points on 6-of-16 shooting and picked up five fouls.
LANSING, MI – Michigan's efforts to win more federal cash for schools could result in changes that will cause some angst beyond education circles.
Among them is a proposal that would eliminate the requirement that Michigan schools start classes after Labor Day. It's one of several changes proposed in legislation aimed at giving Michigan a shot at winning up to $400 million in the Obama administration's Race to the Top competition.
LANSING, MI – The number of Michigan school districts operating in a financial deficit is growing.
The state says Wednesday that 41 districts preliminarily have reported that they were in deficit for the fiscal year that ended in June. That is up from 27 districts the year before.
The financial situation for schools likely will continue to get worse because districts face a minimum funding reduction of $292 per student this academic year. Those cuts are not reflected in the latest count of districts in financial trouble.