Snyder: Chapter 9 filing a necessary step to ensure a vibrant, thriving Detroit
October 09, 2013
LANSING, Mich. — Gov. Rick Snyder today issued the following statement about his deposition regarding the municipal Chapter 9 filing for the city of Detroit:
“I agreed to participate in today’s proceedings and answer questions regarding the decisions that led to the municipal Chapter 9 filing for the city of Detroit. Doing so helps ensure this case is resolved fairly and as quickly as possible and that we’re acting in the best interests of Detroiters and Michiganders.
“Detroit is in the midst of a fiscal crisis six decades in the making. Authorization of the Chapter 9 filing was a difficult but necessary decision – one that clearly was the last and only viable option to resolve the city’s fiscal crisis and restore the greatness of this proud city. I am convinced that it will spur the turnaround and complete the comeback of our state’s largest city, and ensure a vibrant, thriving Detroit and Michigan for generations to come.”