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Published 1 month ago

State fund to forgive QLine loan in exchange for advertising rights

Summary by Ground News
The Michigan Strategic Fund board voted unanimously to forgive the $3.5 million remaining on the loan to the nonprofit M-1 Rail. The state will be able to wrap the streetcar with ads or run "static video content" at the 20 streetcar stations. The QLine needed to have balanced books before it could be taken over by the Regional Transit Authority.

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