State OKs Belle Isle 30 Year Lease

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    A state panel approved the 30-year state lease of Belle Isle, according to reports in Crain’s Detroit.

    The state panel Board met in Lansing Tuesdy afternoon. The board, all appointees of Gov. Rick Snyder, did not consider Detroit City Council’s counterproposal for a 10-year lease, and passed the 30-year lease unanimously.

    On Oct. 1, Detroit Emergency Manager Kevyn Orr and Snyder signed the proposed 30-year lease of Belle Isle to turn it into a state park.

    Included in the announcement of the proposed lease was the promise that the state would invest $10 million to $20 million in the 985-acre park within the next three years.

    Read More: Crains Detroit

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