Cuyahoga County

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Midwest Memo: Detroit’s Consent Agreement, Cuyahoga County’s Bad Deal And Chicago Ranks

Decision time in Detroit Today, MIchigan Governor Rick Snyder is expected to announce the details of a new consent agreement with the city of Detroit. Partner station Michigan Radio says the agreement would give broad, budget-cutting powers to the city’s elected officials, without appointing an emergency manager. Without drastic cuts, leaders are worried Detroit could run out of cash by this summer.

A deal gone sour The executive of Cuyahoga County is looking into a possible lawsuit over a land deal that cost the county $45 million. Some of the people involved in the deal have been convicted of corruption.

We’re number 9! A new ranking puts Chicago ninth among the world’s most competitive cities. Chicago ranked behind cities including New York, London, Singapore, Paris and Hong Kong. It ranked just ahead of Boston, according to the Chicago Tribune.

Midwest Memo: Big Profits For Ford, Heading Down The Rabbit Hole In Wisconsin

Party like it’s 1998 Ford is reporting its highest annual earnings in over a decade. The Wall Street Journal says the auto industry’s profits are part of its new math: sell fewer cars, make more money (subscription required).

Curiouser and curiouser Keeping track of Wisconsin politics gets more complicated by the day. While the Wisconsin Government Accountability Board is still busy counting recall petitions against Gov. Scott Walker, the Milwaukee Journal Sentinel reports that two of the governor’s former aids have been charged with illegal campaigning. The charges are part of an ongoing “John Doe” investigation of Walker’s staff during his time in county government. Despite the investigation and the recall threat, Walker’s poll numbers are rising.

Meanwhile, in actual economic news, the Wisconsin Assembly voted to ease the way for a proposed Iron ore mine in the state’s northern region. Republicans say it will create jobs. Democrats say the changes could lead to environmental harm.

190 Acres of transformation In Cuyahoga County, Ohio, a 190-acre industrial site represents, in microcosm, the changes facing the Midwest. Officials in the town of Beachwood are hoping to rezone the property as the industrial sector declines and other sectors grow. Officials say they want to see the property used for health care, retail and residential investment.

Obama talks higher ed President Obama will be in Ann Arbor, Mich. today to talk about his ideas for higher education funding.

Midwest Memo: Michigan Debates International Bridge, Ohio Foreclosures Rise, U.P. Coal Plant Could Close

Three stories making news across the Midwest today:

1. Detroit bridge project scrutinized. Michigan Gov. Rick Snyder absorbed his first major political defeat since taking office – and it came at the hands of his own Republican party, which refused to green-light the construction of a new bridge between Detroit and Windsor. Expectations are growing, according to the Detroit Free Press, that Snyder will try to circumvent the legislature, a strategy that will raise legal questions about the range of the governor’s executive authority. Last week, Changing Gears senior editor Micki Maynard detailed the skirmish over the new bridge for The Atlantic Cities, and examined forceful opposition from Ambassador Bridge owner Matty Moroun.

2. Ohio foreclosures on the rise. After enjoying their lowest level of foreclosures in five years, Ohio residents saw a foreclosure uptick in the third quarter of 2011, mirroring a nationwide trend. Our partner station Ideastream reports foreclosures in Cuyahoga County increased 17 percent from the previous three-month period. Experts attribute the jump to mortgage lenders resuming the foreclosure process after last year’s robo-signing scandal had halted proceedings. Over the summer, less than 1 percent of Ohio home loans entered the foreclosure process, Ideastream reports. Currently, 9.3 percent of Ohio mortgage holders are late on their payments, according to the Mortgage Bankers Association.

3. Future of Michigan coal plant unclear. The only major power plant in Michigan’s Upper Peninsula is at a crossroads. A coal-fired plant owned by We Energies could be shut down over the next five or six years as new environmental rules go into effect. One alternative would be a switch to natural gas, a conversion being employed by numerous plants across the Midwest. The Milwaukee Journal Sentinel reports the future of the plant is of high concern in Marquette, where We Energies employs 180 workers and plays 17 percent of the city’s property taxes. “A closure would be devastating for our community,” Mayor John Kivela tells the newspaper.

(Clarification: An earlier version of this entry contained dated information. It has been revised to indicate that a Michigan state senate committee defeated a proposal regarding a new bridge linking Detroit to Canada last month.)

Midwest Memo: Cleveland Targets Small-Business Growth, Does Tennessee Lead Nation In Automotive Strength?

Three stories making news across the Midwest today:

1. Cleveland counts on small growth. In the past, economic development approaches in Cleveland have centered around big-ticket items. A new stadium. A new arena. The Medical Mart and Convention Center. That strategy is changing. Under Cuyahoga County’s new governing structure, executive Ed FitzGerald will target small-and-medium-sized business growth rather than large-scale projects. Our partner station Ideastream examines a proposal for a $100 million economic development fund that FitzGerald calls “a major commitment to business development.”

2. Tennessee GM plans will re-open. The contract agreement between the United Auto Workers and General Motors calls for the hiring of an additional 6,400 employees. Approximately 1,700 will be located at the company’s plant in Spring Hill, Tenn. The plant was initially shuttered in June 2009, but in a move that’s considered rare among industry insiders, the plant will re-open as GM seems to gain market share from Toyota. According to an Atlanta Fed analyst, the re-opening is one such reason “Tennesee could be viewed as a leader of the pack in automotive manufacturing strength,” throughout the nation.

3. Business school applications down. As prospective students grow leery of accumulating massive amounts of student debt, applications to most Chicago-area business schools have fallen. Crain’s Chicago Business reported Monday that applications at Loyola University’s Graduate School of Business have fallen 9.5 percent this year, applications at Northwestern’s Kellogg School of Management declined 5.6 percent. Applications at the University of Chicago’s Booth School of Business dropped 3.0 percent. DePaul was the only university in the Chicagoland region to buck the trend, noting a 13 percent jump.

As Arts Funding Suffers, One Midwest County Defies Trend

It’s a tough time for arts funding around the nation. Kansas, as just one example, just cut all its state support. It’s a different story in the Cleveland area, though. That region has found a unique way to fund the arts, and it’s paying off big.

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Leadership: Cleveland’s Quiet Mayor

Normally when politicians go to groundbreaking events, the kind where they all put on hard hats and pretend to shovel, they usually make speeches about how great this new development will be for the city. That’s not the case for Cleveland Mayor Frank Jackson.

Mayor Frank Jackson (photo: City of Cleveland Photographic Bureau)

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