Michigan Fund approves $36M in bonds to help Pistons move
LANSING, Mich. (AP) - The Michigan Strategic Fund has approved the Detroit Downtown Development Authority's request to issue $36 million in tax-exempt tax increment revenue bonds to help the Pistons relocate from Auburn Hills to Little Caesars Arena.
The Detroit News reports (http://detne.ws/2reRKlH ) the fund - an arm of ...