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Avia Cabernet 2004
Lemelson Pinot Noir, Thea's Selection 2007
Chateau de la Roulerie, Rose d'Anjou 2009
Casal Garcia, Vinho Verde Rose
La Ferme Julien, Rose 2008
Cana's Feast, Bricco Red, 2006
Hogue, Genesis Merlot, 2008
Owen Roe, Sharecropper's Cabernet, 2008
Kim Crawford, Unoaked Chardonnay 2008
J. Scott, Pinot Noir 2008
Edmunds St. John, White, Heart of Gold 2008
Columbia Crest, Walter Clore Private Reserve 2006
Stevenot, Cabernet, Sierra Foothills, "Stanford" 2000
Portuga, Vinho Rose 2009
Taylor Fladgate, First Estate Reserve Porto
Franciscan, Cabernet, Napa 2006
Chaparral de Vega Sindoa, Garnacha 2008
Quinta da Aveleda, Vinho Verde 2008
St. Francis, Chardonnay Sonoma 2008
E. Guigal, Cotes du Rhone Blanc, 2007
Edmunds St. John, Bone-Jolly, Gamay Noir 2008
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Chateau Ste. Michelle, Merlot, Indian Wells 2007
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Edmunds St. John, Bone-Jolly, Gamay Rosé 2009
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Domaine du Pesquier, Cotes du Rhone 2005
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Vieux Papes, Blanc de Blancs
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Comments (11)
We're getting close - Over/under on the $10K/citizen number?
Obviously, looking at stuff like what PWB and MP are doing, this number means nothing to City Council.
I am shocked (you think I'd learn by now) at the gall of throwing even more money at Lents Urban Renewal after all of the success they have been having down there so far.
Posted by Steve | February 1, 2010 8:26 AM
Go by streetcar? Go buy streetcar.
Posted by JFree | February 1, 2010 8:28 AM
As for the "urban renewal" bonds, they are borrowing more money to make the Portland Development Commission's payroll.
Posted by Jack Bog | February 1, 2010 8:31 AM
Jack, have the components of the pension/retiree healthcare obligations that you track changed since your first post in 2007?
If not, that would mean that over half of the $2 billion debt growth since then is due to increases in pension and healthcare obligations.
Posted by Roger | February 1, 2010 8:54 AM
The pension numbers are pretty soft. Part of the increase is due to the market crash, which left the city's PERS deal in the hole. Most of the pension debt is to police and fire. They changed actuaries last year, and the actuaries changed the assumptions in the calculations, so the picture changed. Since the actuaries don't actually dig in except every other year, we won't see the real growth pattern over the last three years until a year from now. They'll probably change the assumptions again, too. On the streets of New York City, this is called three-card monty.
Posted by Jack Bog | February 1, 2010 9:31 AM
BTW - Since we are talking about MP (at least obliquely), you might want to look at this:
http://www.cnbc.com/id/35178821
Dad has a few things to say about greedy bankers.
Posted by Steve | February 1, 2010 9:37 AM
I dunno. We've got such aging water and sewer infrastructure, all the spending on those items may be justified, and I don't think we're the only city dealing with that right now. But for transparency's sake all the projects to be funded better be posted publicly somewhere (in part so we can ferret out if Randy's sneaking in the outfitting of his water constabulary).
I agree the Lents renewal borrowing is dubious; has anyone studied if the investments so far have yielded any of the promised benefits yet? But it is nice to see some dough showered on the working-class stiffs of SE for a change rather than the west-side swells.
Posted by Eric | February 1, 2010 10:19 AM
Another $929 per person liability? That's easy to take care for the people involved. Move and shazam your debt is absolved, man I should go for a job in the finance department.
Posted by pj | February 1, 2010 10:43 AM
Hey, lets not forget the additional $600 million they need to implement the "Bicycle Master Plan".
http://www.wweek.com/editorial/3612/13631/
Posted by Jon | February 1, 2010 12:51 PM
My family will be living comfortably across some other jurisdictional boundary before they can get $30,000 from us.
The out-migration will be something to behold if the city goes bankrupt and tries to compensate by hiking taxes. Bye bye.
Posted by Snards | February 1, 2010 1:18 PM
You are right on the money, Snards. I cleared outta the city when Diane Linn & co. shoved through that shady retroactive tax surcharge a few years back on all Mult. County residents.
Posted by RANZ | February 1, 2010 2:29 PM