Sarah, thank you for finding out the scoop. Rumor has it that the PDC did indeed kick in some money to rehang the sign. I'll should know soon.
I stand by my first inclination to save the sign and will help if need be. The plan will be to start a campaign to "Re-Erect the Hung Far Low Sign". As president of the Portland Advertising Federation, I know I can get my brethren to help out.
What's more, I agree with Mike Caine above. If we are going to do this, the sign should retain more of its original graphic integrity.
Again, Sarah, thanks for digging in and finding out the scoop. This is what responsible community journalism is all about.
Regards,
Jerry Ketel
Ironing.