Yet another billionaire has been given preferential treatment over lower-income residents in Detroit.
Mike Ilitch has died.
Mayor Duggan’s plans to give tax incentives to the billionaire Pistons owner are far from a slam dunk.
The violation may put the new business school at risk because of the university’s handling of the secretive agreement.
Wayne State University can run, but it can’t hide from public records.
Motor City Muckraker obtained a copy of the “confidential” agreement between Ilitch and Wayne State to build a business school, and the details don’t fit the media-peddle narrative.
When Wayne State University broke ground on the $50 million Mike Ilitch School of Business on Wednesday, school officials and the media left out some key details about the burden on taxpayers and students.
A lot is at stake when Mike Ilitch’s son takes over the family empire, which includes the Red Wings, Tigers, Little Caesars, theaters and abandoned buildings.
A private PR team handles public records involving the sale of prime, taxpayer-owned property in Detroit.
Leave it to John Oliver to question why a city would cough up $280 million in tax dollars and hand it to a billionaire.