We are in the midst of one of the largest public‑private negotiations in Portland’s history: a $600 million package of public funding is being proposed to renovate the Moda Center, a city-owned asset and home to the Trail Blazers. This moment is a major test of Portland’s newly overhauled government: our expanded 12‑member City Council […]
Adam Silver
Posted inNews
City Sends First Draft Moda Lease Terms To Blazers, To Surprise of Council
Some councilors are frustrated over a process they say has excluded them and backed the city into a financial corner that weakens negotiating power.
Updated: 4:48 pm July 17 The city of Portland delivered the first draft of a term sheet to the Trail Blazers management on Thursday, July 16, setting the city one step closer to a long-term lease agreement with the team for the Moda Center. No terms have been finalized, and the Council is in disagreement […]
Posted inGood Morning, News!
Good Morning, News: Another Man Dies After ICE Encounter, NBA Commissioner Warns Moda Center Talks Are Off Track, and New York Halts New Data Centers
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