DETROIT—Detroit, a former industrial metropolis in southeastern Michigan with a population of just under 1 million, was sold at auction Tuesday to bulk scrap dealers and smelting foundries across the United States. "This is what's best for Detroit," Mayor Kwame M. Kilpatrick said. "We must act now, while we can still get a little something for it." Once dismantled and processed, Detroit is expected to yield nearly 14 million tons of steel, 2.85 million tons of aluminum, and approximately 837,000 tons of copper. The decision to demolish and cull Detroit for scrap was approved last month by a 6-3 City Council vote after a cost-benefit analysis revealed that, as a functioning urban area, it held a negative cash value.
--more-- *The OnionWelcome to 'OZ' - The 'Other' Side of the Rainbow!! Posting is at 10AM, Noon and 2PM CST daily. Up to 12 days of posts on the main page. The archives have more. You can forward posts by clicking on the envelope at the bottom of the post. Enjoy your stay! *** If you need to contact me, or have a copyright issue, please use the "Contact The Wizard" form on the left side of 'OZ'. Original source and author is cited and credited in each post where possible. ***
***Disclaimer***
Disclaimer: The Wizard of 'OZ' makes no money from 'OZ' - The 'Other' Side of the Rainbow. 'OZ' is 100 % paid ad-free
No comments:
Post a Comment