Transcript: Press briefing remarks by Detroit Mayor Dave Bing on the Chapter 9 bankruptcy eligible ruling by Judge Steven Rhodes on Dec. 3, 2013

Partial transcript of press conference remarks by Detroit Mayor Dave Bing on the Chapter 9 bankruptcy eligible ruling by Judge Steven Rhodes on Dec. 3, 2013:

I believe since I came to office with the crisis that we had this was inevitable. I don’t think anybody necessarily wanted to go in this direction but now that we’re here, it’s more important that we work together as opposed to continuing to fight each other.

It’s very, very important, I think, that we respect the fact that the emergency manager has the key to the city at this point in time. My relationship with Kevyn has been positive from the beginning. You know, we don’t agree on everything but at the same token, we do it in a very respect way.

I know there are a lot of people that are upset, that are concerned about their futures but we are now starting from square one. There are going to be a lot of negotiations yet to come. There’s going to be a lot of push and pull.

I don’t think we have a final determination as to what all the elements are going to be to get us through this process but it’s a process that I think we need to take a lot of care because there’s going to be pain for a lot of different people.

But in the long-run, I think the future of this city will be bright. There are a lot of positive things that are now happening. There are things that are in queue that will happen in 2014. And once again, we all need to get into the same boat, pull together. As tough as this is going to be, it’s important for the future of this city that we get this behind us.

There’s a lot of debt on our balance sheet that I think the next – the incoming mayor will have a better balance sheet than any mayor has had in the last 15 to 20 years. Debt has been very, very difficult to deal with because it keeps us from having money to put into the programs that are so desperate for the citizens of Detroit.

I do think we’ll see lights come on. I do think we’ll see an improved bus service. I do think we’ll see improved police and fire and improvement times, response times. So all of those things, I think, were part of my initiative that I think will become a reality as we move through 2014.

With that, I’ll be open for questions and hopefully Kevyn will be in shortly to speak.

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