Snyder: Hamtramck ready to emerge from state financial oversight, move toward local control

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HAMTRAMCK, Michigan — Gov. Rick Snyder says Hamtramck is emerging from its financial crisis and says he's accepting an emergency manager's recommendation that elected officials regain their authority in the Detroit enclave of 22,000.

Snyder announced Thursday that the financial emergency in Hamtramck "has been sufficiently addressed" to "begin the process of transitioning back to local control."

The governor named Cathy Square as emergency in June 2013 because of persistent municipal budget deficits.

Snyder says he has appointed a Receivership Transition Advisory Board to smooth the return to home rule.

The governor says that Square's accomplishments include securing a $2.3 million, 10-year loan for Hamtramck to repay a debt to the retirement system. He says she also negotiated salary concessions and sold surplus city property.

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