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Thursday, August 5, 2010

Condo monkey business continues to spread

We've seen the "urban renewal" vultures head out of Portland for places like Beaverton, Lake Oswego, Tualatin, and Milwaukie. They've also arrived in the City of Salem.

Public money for private apartments is bad, bad practice, as the taxpayers in all these little burgs are about to find out the hard way. At some point, it's also illegal under the state constitution, Article XI, section 9 of which states: "No county, city, town or other municipal corporation, by vote of its citizens, or otherwise, shall become a stockholder in any joint company, corporation or association, whatever, or raise money for, or loan its credit to, or in aid of, any such company, corporation or association."

Comments (3)

So sorry.

Did they not get enough from Portland to just retire and leave people alone?

Why was any of this allowed if illegal under the state constitution? I know, I should know better than to ask. I was told when I was a kid I had way too many why? why? why? questions.

Hopefully you in other communities can benefit from our problems. You know the outcome, fight like hell for your livability and pocketbook.

When you see it, or learn of it, and know it is a violation of state law, then report it.

Here is the source: http://www.doj.state.or.us/finfraud/index.shtml

There's a link to a complaint form.


I applied unsuccessfully for an associate post at this guy's firm in 2007.

Ugh. Glad that didn't happen.

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