By deciding against further discussions about a state plan to create a regional authority to oversee a $288 million plan to renovate Cobo Hall in hopes of keeping the North American International Auto Show in its birthplace, the Detroit City Council all but assured that the plan will move forward. Crain’s Detroit Business reports:
State legislation passed earlier this summer allowed the council to reject the deal by Aug. 1. The council voted against placing a motion to reject the plan on the agenda for today’s meeting, the council’s last formal session before its break.
A previous state plan to expand and renovate the aging convention center was scuttled by the council earlier this year. A second legislative deal would also allow for the extension of a tri-county hotel and liquor tax to pay for the roughly $288 million expansion under the oversight of a regional authority.
Organizers of the Detroit auto show, Cobo’s premier event, have said they’d take the show to another facility if the center isn’t upgraded.
The city of Detroit, facing a nearly $300 million deficit, simply could not afford to do that renovation. The creation of the regional authority was viewed by many on the Detroit City Council as a threat, but financial reality made it the only real option if the auto show was to be kept in Detroit.