June 16th, 2009 | by HANK STERN News | Posted In: CLEAN UP, City Hall, CLEAN UP

Portland Mercury: Mayor's Property in Foreclosure

Credit goes to the Portland Mercury for breaking this piece of news about a sign of Mayor Sam Adams' financial troubles: A property Adams owns in Kenton is on the list of local homes in default.

The paper reports that Adams is behind on his monthly mortgage payments by $4,995 and quotes him responding that "This is a private issue, but if you must know, I've had to pay some significant upfront legal fees, and now I'm getting caught up on my mortgage payments."

Adams, whose annual salary is $118,144, has of course had legal fees stemming from the investigation by Attorney General John Kroger into the sexual relationship Adams had with then-18-year-old Beau Breedlove in 2005 and into the lies Adams told to cover up that affair.
 
  • Currently 3.5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
comments powered by Disqus
 

Web Design for magazines

Close
Close
Close