Of course, its not as if there will be anyone to collect from except Obamaphone zombies.

The City of Detroit for its part must give up a portion of its taxes to guarantee the authority debt. A new authority of course means new high paying jobs for all manner of unqualified cronies:

"(5) Notwithstanding subsection (4) or any ordinance of a city to the contrary, a city that forms a lighting authority shall pay $12,500,000.00 annually to that lighting authority from the proceeds of the tax authorized under this act. ..."

Of course the tax rates will have to be allowed to increase.