Business

It's Time: Bye, Kevyn Orr

December 09, 2014, 10:09 PM

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Emergency Manager Kevyn Orr

Some folks won't be sad to see Emergency Manager Kevyn Orr leave town.

Gov. Rick Snyder accepted his letter of resignation letter Tuesday, Fox 2 and other media report. Detroit exits bankruptcy on Wednesday.

Orr has controlled the city's finances since March 2013.

Fox 2 writes on its website:

Today in a letter to the governor, Orr says the city has taken significant steps to restructure its finances and will no longer be in a financial emergency when it officially gets out of bankruptcy.

Snyder agreed with Orr's assessment and officially issued a notice of termination.


Read more:  Fox 2


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