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Council Approves Moda Center Term Sheet to Kick Off Negotiations With Blazers
The Portland City Council on Wednesday approved a term sheet that in the following months will be used to negotiate a renovation and long-term lease deal with the Portland Trail Blazers.
City Negotiators Propose Asking Trail Blazers for $2 Million in Annual Rent
City of Portland negotiators overseeing the Moda Center deal with the Portland Trail Blazers on Tuesday afternoon offered their recommended starting term sheet to the Portland City Council.
Socialist City Councilors Campaign With Moda Center Deal Front and Center
The three socialist councilors, in a joint statement about the weekend canvas alongside the Democratic Socialists of America and the Working Families Party, were blunt about their desire to unseat just one of the three moderates up for re-election.
Prosper Portland Declines to Provide Reviews of Loan and Grant Programs
Prosper Portland has declined to provide a copy of external reports it commissioned to gauge the success of its taxpayer-funded loan and grant programs, even after an agency-backed project that secured $7 million from the city flopped and drew the scrutiny of local elected officials and the public.
As County Passes Funding for Moda Center Renovation, City Tussles Over Term Sheet
The Portland City Council on Thursday evening moved toward approving a non-binding term sheet for the Moda Center renovation that would propose the city contribute $120 million for renovation costs in exchange for a lease keeping the Trail Blazers in town for at least 20 years.
City Council Explores How It Might Impose New Conditions on a Firm Seeking to Buy Zenith Terminal
The Portland City Council this week mulled a transfer of the franchise agreement between the city and Zenith Holdings, which controls the largest oil terminal in the state, to a private equity firm seeking to buy Zenith.
City Councilor Mitch Green Violated Burn Ban by Starting Backyard Brush Fire
Just before 8 pm on July 26, a 911 dispatcher received a call concerning a fire in the backyard of a Southwest Portland home. It was the home of Councilor Mitch Green.
In Hearing, Blazers Refuse to Supply Details of Renovation Unless City Surrenders Power to Sue Them
A frosty public meeting between city officials and Trail Blazers executives on Thursday offered little in the way of progress toward a Moda Center renovation deal that would guarantee the team stays in Portland.
Oil Terminal Operator Sues City of Portland for Delaying Transfer of Franchise Agreement
Zenith Terminals LLC today filed a lawsuit alleging the city of Portland has unreasonably delayed approving the transfer of Zenith’s franchise agreement with the city to a purchaser of the terminal.
Initiative to Hire Cops With Climate Dollars Fails First Signature Verification Step
The initiative seeking to reroute 25% of Portland Clean Energy Fund tax revenues to hiring some 400 police officers has failed the first level of signature verification necessary to place it on the November ballot.