After Delays and Finger-Pointing, Portland Delivers Draft Moda Center Terms to Blazers - The Daily Chronicle
The draft includes a binding 20-year tenancy, $3 million in annual tax offsets and community benefits as talks continue before an August vote.
8 Articles
8 Articles
After delays and finger-pointing, Portland delivers draft Moda Center terms to Blazers - The Daily Chronicle
Portland officials said they delivered a draft term sheet for a potential Moda Center renovation deal to the Trail Blazers on Thursday, after the city failed to hit a self-imposed deadline to do so …
Good Morning, News: Moda Center Controversy Hits Fever Pitch, Feds Discover Suspect in “Poo-Poo Bug” Outbreak, and Trump’s Latest Lie-Filled Speech
If you believe Portland benefits from smart, local journalism and arts coverage, please consider making a small monthly contribution to the Mercury, because without you, there is no us. Thanks for your support! GOOD MORNING, PORTLAND! After suffering through yesterday’s cloudy, thunderstorm-y weather—well, I was suffering anyway, and… don’t my feelings matter?—you can expect sunnier […] The post Good Morning, News: Moda Center Controversy Hits F…
Portland releases draft deal to renovate Moda Center, keep Blazers 20 years
Portland leaders reviewed a first draft term sheet for a Moda Center renovation and long-term Trail Blazers tenancy, including a 20-year non-relocation commitment, financial caps, and community benefits ahead of an August vote.
Oregon Should Help Pay For The Moda Center Renovation, But Only With A Deal That Protects The Public
The easiest argument against spending public money on the Moda Center practically writes itself. Tom Dundon’s ownership group paid $4.25 billion for the Portland Trail Blazers, with the NBA approving the sale in March. Why should Oregon residents help renovate an arena that could increase the revenue and long-term value of his investment? It’s a fair question. In many stadium debates, it should end the discussion. This situation is more complic…
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