Detroit— The Detroit City Council plans to postpone until Monday a vote on the emergency manager’s agreement with the state for the lease of Belle Isle.
Council President Saunteel Jenkins said the panel is still discussing its alternative proposal and wants it to be prepared if members vote down the lease approved last week by Gov. Rick Snyder and Emergency Manager Kevyn Orr. The council plans to hold a special session at 9 a.m. Monday to vote on the lease.
The current agreement calls for a 30-year lease of the island with the option of for two, 15-year renewals. The deal is expected to save the city $4 million to $6 million annually.
If the council rejects the deal, it has seven days to come up with an alternative that would save the same amount of money or more. The decision will ultimately be made by the state’s Emergency Loan Board, according to the state’s emergency manager law. Three Snyder appointees comprise the loan board.
The council will convene Friday to call for an adjournment of the session, Jenkins said.