LANSING, MI (WKZO) -- Governor Rick Snyder and his administration have set in motion the process that could eventually lead to an emergency manager takeover in Detroit but it could become a race.
According to sources, State Treasurer Andy Dillon contacted Detroit City Council members on Tuesday asking for their support for a financial review of the city. The call from Dillon comes almost a week after Detroit Mayor Dave Bing addressed the city's financial problems in a televised speech.
The state is preparing for the need to appoint an emergency manager in case the mayor and City Council don't reach a deal to right the city's finances.
But Snyder's new emergency manager law could be suspended before it could have an impact on the City of Detroit. A group plans to file a petition to have the law suspended until November of next year. Chairman of Stand Up for Democracy, the group trying to repeal the law, Brandon Jessup says that they're getting very close to the 250-thousand needed signatures. Once the signatures are turned in and verified, the law would be suspended until the 2012 elections.