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This page contains a single entry from the blog posted on September 25, 2006 12:25 AM. The previous post in this blog was Eastward ho. The next post in this blog is Weekend update. Many more can be found on the main index page or by looking through the archives.

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Monday, September 25, 2006

Blame it on the Swiss franc

In working on restoring the archives of this blog, tonight I came across this howler from October 2002. Opie's talking about the aerial tram [rim shot] and the overall infrastructure costs of the SoWhat district.

The number he throws around for the infrastructure costs: $70 million.

There's that genius they talk about.

Posted at 12:25 AM | Bookmark and Share

Comments (4)

Jack Opie's talking about the aerial tram [rim shot] and the overall infrastructure costs of the SoWhat district.

The number he throws around for the infrastructure costs: $70 million.
JK: That was in 2002 was it? Apparently the city council didn’t bother to look at the total UR cost estimate, made by the PDC in 1999, of $264,349,000 contained in

http://www.pdc.us/pdf/dev_serv/pubs/dev_macadam_report.pdf

(Bottom of Page 15 of the PDF)

Thanks
JK

Actually that 1999 approved plan called for $288 million (revised in the text) and another $160 million in debt service.

Today, 7 years later, the city council, agencies and planners are deliberately withholding the current numbers from the public in order to minimize the outrage and avoid the inevitable consequences they would face when the public discovers SoWa has been a con job.
A scheme that will devour enough in cost overruns alone to build the stadium some Portlanders would like to have happen.

The ongoing public speculation and debate over the costs and beneifts is no substitute for a public discussion over the real numbers.

I'll say it again, that it was nothing short of fraud when in 1999, the PDC staff, along with other agencies such as PDOT, reported that they compiled the necessary estimates and projections to determine the SoWa "plan" (then North Macadam) was "feasible" and should be approved, they were providing false information as directed by agency heads and then Mayor Katz.

Just like the early Tram numbers, the SoWa books were cooked to justify approval.

Portlanders only need to demand a full update of that 1999 plan to see, in a full spectrum of public improvement projects, just how concocted the numbers were.

Well beyond incompetence and miscalculation the maleficence and cover up in SoWa has only gotten worse.
This commentary (below) is demonstrative of the blatant misrepresentation.

http://www.oregonlive.com/commentary/oregonian/index.ssf?/base/editorial/1141332912248470.xml&coll=7
URBAN RENEWAL
Under way, on track in South Waterfront
Friday, March 03, 2006
Bruce Warner
In a story last week on the South Waterfront ("High rise district's price hits 9 figures," Feb. 23), The Oregonian suggested that because all funds to complete the district's urban renewal plan are not already in place, something is amiss. Not so.

As the head of the Portland Development Commission, the agency implementing the Portland City Council's plan for the South Waterfront, let me set the record straight. Despite problems with one highly publicized feature of the district -- the tram -- the city's plan is moving precisely the way urban renewal is supposed to.

A new neighborhood is emerging, just as planned. The City Council adopted a plan to turn underutilized land into a thriving riverfront neighborhood. This required infrastructure -- streets, sewers, transportation, utilities and more -- which must be carefully planned and built in phases. The first phase is well under way. There are new streets, contaminated properties are being cleaned up, housing is under construction and one phase of a streetcar extension is complete. The first residents will arrive in April. The first park will open in July. Land has been identified for affordable housing. Office and research space to create new jobs is under construction. Go down to the riverfront and look for yourself. A neighborhood is taking shape. Urban renewal is a long-term, phased investment. The South Waterfront urban renewal plan is being done with tax-increment financing, a mechanism that uses tax revenues from new development to finance long-term revitalization. As completed projects go on the tax rolls, they generate funds to build the next set of improvements, which in turn finance the next improvements in a rolling process. Never is all the money available up front. The district has to generate funds over time, exactly what has started in the South Waterfront.

More important, when the city builds streets, parks and other infrastructure, the private sector responds with even more investment in housing, offices and retail space. More than $500 million of private investment is already occurring.

Yes, cost increases on the tram are a problem. No one is happy about that. But this problem is solvable. Though the tram is not a PDC-managed project, the City Council has asked the PDC to find a way to finance its completion as well as other South Waterfront priorities such as affordable housing, park improvements, the greenway and the next streetcar extension. We're doing that. Next month, the City Council and the public can expect to see a proposed funding solution. Meanwhile, let's not allow the tram cost increases to overshadow the early success of the South Waterfront plan.

South Waterfront development ultimately will benefit the entire city. Even if you don't choose to live in the district, you can expect to benefit. When the City Council created this urban renewal area, it did so to bring more jobs, tax revenues, mixed-income housing, river access and environmental cleanup to a blighted landscape along Portland's riverfront.

That's the plan. It's on track. Bruce Warner is executive director of the Portland Development Commission.


It is frustrating Jack, when I have visited with City Hall folks they seem like nice people, but it is like they are in a different reality than the rest of us. I have heard various things from people I know who work there, some say that fully entrenched staff with ties to what you refer to as the West Hills Mafia, have thier ear, and because they are not as experienced in the world, particularly the competitiveness of the business world, they are brainwashed by these folks and go to the right parties on the hill and charity circuit, so they only see the donations to their pet causes in the context of fundraisers and not how that money is squeezed out of the wrong places.

People tell me the problem has gotten much worse since the Bureau Directors became appointees and not civil service. At least two of the appointed Bureau Directors are women married to or cohabitating influental men in the power structure, just like the Mary Nolan/Gardner connection that came out in your blog.

These folks never fail, no matter how much they screw things up. The only people that lose are the citizens.

I am spending more and more time on the east side these days and it is refreshing how just about everyone can see through this stuff. Not so on the west side/west burbs where pretension can be pretty thick.

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Chandler Reach, Monte Regalo 2006
Elk Cove, Pinot Gris 2008
Kirkland, Columbia Valley Merlot 2008
D'Aragon, Old Vine Garnacha 2008
Columbia Crest, Walter Clore Private Reserve 2005
Pavin & Riley, Merlot 2006
David Hill, Estate Pinot Noir, Barrel Select 2006
Castle Rock, Paso Robles Cabernet 2006
Magnificent, Cabernet, Steak House 2008
Conundrum 2008
Beaulieu, Cabernet, Rutherford 1998
Saint Cosme, Cotes-du-Rhone 2007
La Granja, Tempranillo 360, 2008
Santa Rita, Mendalla Real Cabernet 2006
Columbia Crest, Grand Estates Merlot 2006
Andezon, Cotes-du-Rhone 2007
Collegiata, Montepulciano d'Abruzzo
Troon, Druid's Fluid 2008
La Granja, Tempranillo 2008
Monte Antico, Toscana 2006
Vieux Papes, Blanc de Blancs
Beaulieu, Georges De Latour Cabernet 1995
Scott Paul, Pinot Noir, La Paulée, 2006
Woodbridge, Chardonnay
Paranga, Kir-Yianni 2005
L. Guigal, Cotes du Rhone Rose 2007
Newman's Own, Cabernet 2007
Chateau Ste. Michelle, Columbia Valley Merlot 2005
Monte Antico, Toscana Red 2006
Saint Cosme, Cotes-du-Rhone 2007
Vins Auvigne, Macon-Fuisse 2007
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Chandon, Brut Classic
Dom Martinho, Tinto 2005
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Revelry, The Reveler, 2007
Joseph Drouhin, Chablis 2006
Altos Las Hormigas, Mendoza Malbec 2008
Alodio, Ribeira Sacra Mencia 2007
Charles Smith, Kung Fu Girl Riesling 2008
Kiona, Lemberger 2006
Chateau Ste. Michelle, Columbia Valley Merlot 2005
Gloria Ferrer, Sonoma Brut
Kirkland, Napa Valley Meritage 2006
Abacela, Tempranillo 2006
Woodward Canyon, Columbia Valley Red
Santa Margherita, Pinot Grigio 2007
Mas Donis Barrica, Celler de Capcanes Red, 2005
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Lezaun, Rosado, Navarra
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Hedges, Three Vineyards, Red Mountain 2005
Raptor Ridge, Pinot Gris 2008
Vega Sindoa, Cabernet-Tempranillo 2006
Inama, Soave Classico 2007
Alois Lageder, Lagrein Rosato 2008
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Portuga, Rose 2008
Warre's Warrior Port
Lange, Pinot Noir 2007
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Domaine Chandon, Pinot Noir, La Riviere Sonoma 2006
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B.R. Cohn, Silver Label Cabernet 2006
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Cor, Momentum 2007
Santa Margherita, Pinot Grigio 2006
Rubico, Lacrima di Morro d'Alba 2007
Gilstrap Brothers, Reserve Merlot 2003
Conundrum 2007
Chandler Reach, 36 Red
Santa Rita, Reserve Cabernet 2005
Marietta, Old Vine Red Lot 47
L'Ecole No. 41, Recess Red 2006
Dom Martinho, Red 2004
Beaulieu, Georges Latour 1994
Caymus, Cabernet 1995
Columbia Winery, Merlot 2005
Bergevin Lane, Columbia Valley Cabernet 2005
Savigny-les-Beaune, Les Lavieres 2003
David Hill, Reserve Merlot, Rogue Valley 2006
Educated Guess, Cabernet 2006
Maquis Lien, Red 2005
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Quinta da Espiga, Tinto 2006
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King Estate, Pinot Gris 2007
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Bogle, Petite Sirah Port, Clarksburg 2005
Cardwell Hill, Pinot Noir 2004
Silkwood, Red Duet Cabernet-Syrah 2004
Portuga, Vinho Branco 2006, 2007
Osborne, Solaz 2004
Santa Rita, Cabernet, Reserva 2005
Penfold's, Koonunga Hill, Shiraz Cabernet 2006
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Penfold's, Koonunga Hill Shiraz Cabernet 2005
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Portuga, Vinho Branco 2006
Beaulieu, Cabernet, Rutherford 1998
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Garda, Classico Chiaretto
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The Occasional Book

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F. Scott Fitzgerald - The Great Gatsby
William Shakespeare - A Midsummer Night's Dream
Ivan Doig - Bucking the Sun
Penda Diakité - I Lost My Tooth in Africa
Grace Lin - The Year of the Rat
Oscar Hijuelos - Mr. Ives' Christmas
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David Sedaris - Me Talk Pretty One Day
Karen Armstrong - The Spiral Staircase
Charles Larson - The Portland Murders
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William H. Colby - Long Goodbye
Steven D. Stark - Meet the Beatles
Phil Stanford - Portland Confidential
Rick Moody - Garden State
Jonathan Schwartz - All in Good Time
David Sedaris - Dress Your Family in Corduroy and Denim
Anthony Holden - Big Deal
Robert J. Spitzer - The Spirit of Leadership
James McManus - Positively Fifth Street
Jeff Noon - Vurt

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