Monday, February 13

Sam Adams is on Yelp

News The other day I noticed a curious tweet from our venerable mayor's Twitter account:Yes, Sam is tweet... More

Feb 13, 2012 01:20 pm by RUTH BROWN  | Comments 1
 

Doctor Groups Flex Muscle In Capitol: $2.3 Million in Campaign Cash to Influence Health-Care Reform

News The State Capitol has been abuzz the last couple of days because of a hot list (PDF) circulating in ... More

Feb 10, 2012 06:00 pm by NIGEL JAQUISS  | Comments 4
 

Nonsense Knows No State Boundary: Washington Legislators Get Bogus Job Claims on CRC

News Up north of here, Washington legislators in Olympia are debating whether or not they should authoriz... More

Feb 10, 2012 09:09 am  | Comments 1
 

Occupy Arrestees Win Their Right to Full Trials—Even Though They May Not Need It

News The estimated 160 people arrested during Occupy Portland protests in the past five months have won t... More

Feb 9, 2012 01:24 pm by HANNAH HOFFMAN  | Comments 2
 
 
 
Home · Articles · News · News · Downtown Shuffle
November 7th, 2007 JAMES PITKIN | News
 

Downtown Shuffle

Why Multnomah County may buy prime real estate—and go deeper in debt to do it.

7 Comments
     
Tags:
ALL ABOUT THE LINCOLNS: County Auditor LaVonne Griffin-Valade has raised serious concerns about the Lincoln Building deal.

Even with its widening budget gap and failure to open Wapato Jail, Multnomah County is set to buy a prime piece of Portland real estate—and perhaps sink further in debt to do it.

The county Board of Commissioners will meet today, Nov. 7, behind closed doors to discuss buying the downtown Lincoln Building for $44.1 million. The eight-story building at 421 SW Oak St. was sold by troubled Qwest Communications two years ago to another buyer for about one-fourth that price—$11.3 million.

The board is then set to vote on the sale in its regular public meeting Thursday morning, Nov. 8. If the county makes the $44.1 million purchase, the 256,000-square-foot building would need an additional $23 million in seismic upgrades and other improvements, says Doug Butler, county facilities director. That adds up to $67.1 million.

Bonds to finance the deal would send the county in the red to the point that commissioners also were set to vote Thursday to raise the county’s debt limit from 5 percent to 7 percent of the general fund. That vote got cut from the agenda to give staff more time to prepare information.

Butler says the purchase will let the county sell off two downtown buildings that need repair and to consolidate its health clinic and probation office from those two buildings with the human services staff already occupying leased space in the Lincoln Building.

Buying the Lincoln Building and upgrading it could cost either the same or more than keeping the current setup, depending on the deal’s financing, Butler says. Savings made by selling off the other buildings and from the current Lincoln Building lease are part of the equation.

But some observers say it’s the wrong time for the county to be scouting new real estate. The county this year cut funding for sheriff’s investigators, school health clinics and other programs. It still hasn’t found the money to open Wapato Jail three years after its construction. And voters also may be asked next year to approve a public-safety levy.

Sgt. Phil Anderchuk, head of the jail deputies’ union, says he’s puzzled that the Lincoln Building is being pushed after newly elected Chair Ted Wheeler promised to make public safety his top priority. “I just wish they would put that same amount of energy and importance into opening a freaking jail that’s been closed,” Anderchuk says.

Former Sheriff Dan Noelle is also critical. “That doesn’t provide any additional public safety for Multnomah County,” he says of the purchase.

Wheeler says the buy is a good deal and insists he hasn’t taken his “eye off the ball” with public safety or Wapato Jail.

Butler says buying the Lincoln Building will allow the county to sell the nearby seven-story Mead Building at 421 SW 5th Ave. and the eight-story McCoy Building at 426 SW Stark St. Both are aging structures poorly designed for county use. And both would require substantial upgrades if they’re kept.

“Our current circumstance is not sustainable,” Butler says. “I can say hands down this will be a cheaper and more cost-efficient scenario.”

The deal has been pushed by Butler, but it’s far from a sure thing with the five-person board. Commissioner Jeff Cogen says he’s not yet convinced, and Commissioner Lisa Naito also has doubts. Commissioner Lonnie Roberts remains undecided and Commissioner Maria Rojo de Steffey could not be reached for comment.

“I certainly wouldn’t be prepared to support it until a real compelling case is made that I haven’t seen yet,” Naito says.


FACT: The board meets Thursday at 9:30 am in room 100 of the county building, 501 SE Hawthorne Blvd.
 
  • Currently 3.5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
 
 
 

 

 
11.07.2007 at 01:30 Reply
Let me get this right. You used Sgt. Phil Anderchuk, head of the jail deputies

 

11.08.2007 at 03:40 Reply
Hey, wasn't Ted Wheeler the astute business man to undo the crazy antics of Diane Lynn? Now wanting to pay 3/4's more fore a white elephant..me thinks someone wants their pockets to be lined in gold.

 

11.08.2007 at 08:23 Reply
Oh thank god I don't live in the County of Multnomah - the Lunatic capital of the World - gee I hope you taxpayers smile while you are getting hosed - AGAIN !

 

11.08.2007 at 11:00 Reply
Loyal Readers,

In an update to this story, the Board of Commissioners' expected decision this morning on whether to buy the Lincoln Building did not happen. The Board instead voted unanimously to take up the issue at their regular public meeting on Dec. 6. The agreement to postpone came after Wednesday's closed-door session, when commissioners expressed concern over the speed at which the deal was moving forward, the price tag, and the condition of the building, according to Tom Mack, chief of staff to Commissioner Lonnie Roberts.

 

11.10.2007 at 03:16 Reply
This idea is so stupid, it is an insult to stupid people. The building should have a wall of SHAME, of all the past and present county commissioners, Dianne would get an honorable space, but, Ms. Cruze, and the mean girls - take the prize. I really think the county should have its water tested. EEO has gone too far, just look at the facts. Ted Wheeler did sound good for awhile, but he drank the water as well now, and I see this as not his fault, but its the environment we raise these little Hittlers. They all have good intentions to start , then, they realize the capacity of greed, GREED Is GOOD.

The county has no business being in a commercial district. The CBD, Central Business District, the Core of downtown, should be free of the people sucking off the government little titties, get the freaks out of downtown, I dont want to see them, I will pay for them, but farm this stuff out to out to the subburbs. The downtown is for business, not subsidized county workers and the mentally ill, but for business, hence the price tag - do you really know the effective square foot price tag of the building after all the Tenant Improvements ? A wall of shame is the first step to recognizing the problem the county has, look at the past real estate deals, they cut deals with their husbands development companies, and a little circle of investment real estate agents, greed is good, and you will pay for their mental illness, greed, and power hungry politicians that just want to screw the public tax payer,

This is Fraud Waste and Abuse, I will call for an audit.

 

 
 

Web Design for magazines

Close
Close
Close