It looks to be a done deal, now:
Quote:

Genesee Towers expected to be imploded in July
By Jeremy Allen | MLive.com
April 23, 2013
FLINT, MI – The city's tallest building is expected to be imploded into a pile of rubble this July.
Tim Herman, president of Uptown Reinvestment Corp., said plans are for Genesee Towers to be imploded either Sunday, July 21, or Sunday, July 28.
...
Herman said that Uptown put the project out for bids some time ago, but there has been no contract signed with a company to do the implosion as of yet.
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I'm still a bit confused/off put even after reading the story. Uptown is not going this out of the goodness of their hearts, and it sounds like to me they are using the demolition as the project to apply for the federal tax credit dollar for the rest of the downtown developments, but nothing else seems planned beyond the demolition save for the fact that whoever the contrator is will be assured a pay day. The "urban plaza" isn't even designed, yet.
Meh, hopefully, they'll be good for their word and pump that money back into the plans for downtown. There is just so much being left to chance that it makes me question motives.