Warning: This post about Mayor Sam Adams does not mention sex, alleged sex or Beau Breedlove's totally hot intern body even once. Instead it focuses on Adam's financial policy. I hope that's cool with everyone.

Next Friday afternoon, according to City Club, host of Mayor Sam Adam's State of the City address, "Mayor Adams will - for the first time - articulate his economic strategy, which focuses on sustainability and developing the transportation infrastructure." Luckily, the Merc snagged a early draft of Adam's Economic Development Strategy, which lays out how the mayor and PDC plan to create jobs and bolster the city's grim economy over the next five years.

Jobs? Oh yeah, LOTS of jobs. The current draft aims to create 10,000 jobs, all of them "green", within the next five years. To do this, the PDC and Adam's economic development team recommends attracting headquarters for big green businesses in three target industries (two activewear HQs, three software HQs, two clean tech HQs and three manufacturing operations) and expand the amount of industrial land available in the city to help advanced manufacturing.

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Other elements of the plan include founding a sustainability institute in town and declaring the Rose Quarter, South Waterfront and Jasmine Block near PSU to be "eco-districts" to test new green building and ecological-minded city planning tactics.

The plan itself is very ambitious. The main goal of the strategy is stated right off in bold language: To become America's most sustainable city. In five years, Adams and the PDC want Portland to be known as the model of sustainable job growth, sustainable city planning and sustainable industries that can sustain sustainable sustainability.

Several early critiques of the plan that emerged last week when business leaders involved in the plan-creation process the chance to look over the draft. Some voiced the opinion that creating 10,000 jobs may be a pie in the sky (a delicious, organic sustainable pie) given today's economy and Oregon's nine percent unemployment rate. Discussion at a meeting today turned to the strategy's lack of emphasis on workforce training in schools.

But the most persistent criticism emerging over the last week is that the plan overlooks growing small local businesses in favor of attracting large new ones. "This a job creation document but then hidden on page 16 it says small businesses create 75 percent of jobs," piped up Valerie Plummer, executive director of the Oregon Microenterprise Network, at a meeting last Thursday. "There's a disconnect there." As I wrote about a couple months ago, many of Portland's small businesses have been teetering on the edge of financial disaster thanks to the recession.

The economic strategy plan is just a "50% draft" right now and won't be 100 percent done until it is presented to City Council in July. Some sort of public forum open house with the regular citizens is slated to take place in the Spring but for now you should just download the draft and read through it yourself before Sam's big State of the City address: Economic Development Strategy. Also, our print-version news story here.