Casino's Garage Sale

Carvlin, Elizabeth
April 2006
Bond Buyer;4/12/2006, Vol. 356 Issue 32359, p31
Trade Publication
The article reports that the city government of Detroit, Michigan has approved the sale of a city parking garage to Greektown Casino LLC in April 2006. The city parking garage is worth 32 million dollars. Part of the proceeds will be used to repay bonds. The sale of the land and parking structure to Greektown brought in a higher price than Detroit might have been able to collect otherwise.


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