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This page contains a single entry from the blog posted on October 12, 2007 1:24 PM. The previous post in this blog was Double whammy. The next post in this blog is Have a great weekend. Many more can be found on the main index page or by looking through the archives.

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Friday, October 12, 2007

The holding pattern for boondoggles is getting crowded

Oh boy. As if Portland isn't in deep enough hock. Now they're getting ready to appoint a "blue ribbon panel" -- of Good Old boys, no doubt -- to "champion" a "public-private partnership" to buy up big chunks of contaminated property along the Willamette River in Portland and turn it over to a "master developer." The panel will have people on it from the Portland Development Commission, Metro, the Port, and Governor Ted's office.

Sounds like Neil Goldschmidt's Rolodex. And here's what they'll be up to:

The Master Developer would be responsible for negotiating purchase sale agreements with individual property owners in order to gain control of multiple parcels of land and would perform vertical build out in accordance with a development plan for the area. This improves economies of scale for remediation and redevelopment by having one entity in control....

The STAMP team recommends the creation of a legal entity in which all 25 properties could be transferred to, this could be a public/private partnership. This new legal entity would manage and finance the remediation of upland environmental liabilities, geotechnical engineering, infrastructure development and vertical build out.

The STAMP Team Feels that this option benefits the current property owners because it allows them to deal with upland environmental liability by pooling government resources and using disposition and lease proceeds to offset a portion of or all of the cost....

You might want to head down to the Arlington Club some afternoon in the near future and watch your tax money get sucked in.

Comments (4)

Hey, if anyone out there is a voter, please:

VOTE FOR ANYONE BUT THE INCUMBENT!

I only require a full set of teeth and an ability to read, write, and speak English. ANYONE would be better than these fools that take the credit for what makes Portland Portland. They piggyback on people like Tom McCall (READ:Teddy K) and Bud Clark (READ:Vera). They insolate themselves with yes people (Sam Adams, Vera's 12 year old lap dog), pander to the unions (Randy Leonard), are incompotent (Erik Sten), or disembodied (Danny Saltzman).

Do EVERYONE a favor and vote for ANYONE but the incumbents!

Z, you're on to something.

I wonder if the Arlington Club gave us the Dry dock that brought thousands of jobs and pollution to Swan island? Was it the Arlington Club that brought us prosperity with the Convention Center? Was it he Arlington Club that brought us the Transit Center and all those cute trains and trolleys and ended traffic congestion?
And which commissioners have kissed the ring of the head of the Arlington Club and will be anointed the mayor? Can't be " Smell Bad Leonard"; he even pisses off the good ol' boys of the Arlington Club.

STAMP=URBAN RENEWAL=MORE TAX DOLLARS. Plain and simple. It is not "for the children".

The good ole' boys will probably just pave over the contaminated river bank with more condos or some other nonsense, just like they did the rail yards that are now the Pearl District; taking our tax dollars and laughing all the way to the off shore banks.

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In Vino Veritas

Falset, Garnacha Rose, Montsant 2006
Castello di Bossi, Chianti Classico 2004
Domaine Chandon, Pinot Noir, La Riviere Sonoma 2006
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B.R. Cohn, Silver Label Cabernet 2006
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Mesoneros de Castilla, Ribero del Duero, Rosado 2008
Cor, Momentum 2007
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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
Charles Smith, Kung Fu Girl Riesling 2007
David Hill, Farmhouse White
Robert Mondavi Solaire, Cabernet 2005
Castello Monaci, Liante, Salice Salentino 2006
Ricardo Santos, Malbec 2006
Quinta da Espiga, Tinto 2006
Charles Smith, Holy Cow Merlot 2006
Charles Smith, Boom Boom Syrah 2006
Charles Smith, The Honorable Pinot Gris 2007
Santa Rita, Cabernet Reserva 2005
King Estate, Pinot Gris 2007
Gloria, Douro, Tinto 2002
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
Chateau Ste. Michelle, Cabernet, Indian Wells 2004
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Hannah Nicole, Red 2004
Penfold's, Koonunga Hill Shiraz Cabernet 2005
Protocolo, Red 2005
Woodbridge, Chardonnay 2006
Portuga, Vinho Branco 2006
Beaulieu, Cabernet, Rutherford 1998
Beaulieu, Cabernet, Rutherford 1996
Kirkland, Roogle Shiraz 2004
Garda, Classico Chiaretto
A to Z, Oregon Pinot Gris 2005
I Giusti & Zanza, Nemorino 2006
Treana, Marsanne-Viognier, Central Coast 2005
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Cain Cuvee NV 3
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Paringa, Shiraz 2005
King Estate, Pinot Gris 2005
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Fife, Mendocino Syrah, "Stanford" 2000
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The Show, Cabernet 2005
Essencia Valdemar, Rioja Rose 2006
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Kana, Syrah 2004
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Oscar Hijuelos - Mr. Ives' Christmas
Madeline L'Engle - A Wrinkle in Time
Steven Hart - The Last Three Miles
David Sedaris - Me Talk Pretty One Day
Karen Armstrong - The Spiral Staircase
Charles Larson - The Portland Murders
Adrian Wojnarowski - The Miracle of St. Anthony
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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