WebAug 6, 2014 · The Detroit Institute of Arts has announced a $1 million pledge from Toyota Motor North America toward DIA’s commitment to raise $100 million as part of a "grand bargain" designed to help Detroit emerge from bankruptcy, support the pensions of retired city employees, and protect the museum’s collection from being broken up and sold.. … WebMay 20, 2014 · By then, the answer to the legality of proposals like Detroit’s $816 million “grand bargain” will be clearer. But the question of the proposal’s legality will likely be …
Grand Bargain Transaction Closes - Honigman
WebNov 7, 2014 · In April 2013, the city’s governor-appointed emergency manager, Kevyn Orr, informed the DIA that it would have to contribute at least $500 million to paying off Detroit’s debts, even if meant ... WebJul 9, 2014 · A New York art investment firm says, on paper, works at the Detroit Institute of Arts could be worth as much as $4.6 billion. But the report by ArtVest Partners says the artwork could go for a lot less, if it's liquidated as part of the city's bankruptcy.. An earlier appraisal of the DIA's collections by Christie's auction house looked only at works bought … florida dmv online written driving test
Finding $816 Million, and Fast, to Save Detroit - New York Times
Web“Grand Bargain” contributions from the Foundation for Detroit’s Future and the Detroit Institute of Arts (FDF/DIA) continue through FY34. • Excludes $190 million of RPF deposits from one- time funds. Excludes $194.8 million “Grand Bargain” contribution from State of Mi chigan in FY15. WebMay 19, 2024 · The 2014 Grand Bargain protected the collections of the Detroit Institute of Arts from being sold to pay city debts, but it also … WebAug 28, 2014 · The Detroit Institute of Arts has not commented on the new appraisal or the proposal from Art Capital Group, though it has, according to the Times, sought to bar the appraiser from appearing as an ... great wall cherrydale greenville sc