May 17, 2004
Portland stadium finance update
It looks like that "stadium district" that is supposed to contribute $75 million towards Portland's baseball stadium plan isn't a TIF at all, but rather a tax surcharge on area businesses, similar to what D.C.'s mayor has proposed for his own stadium plan. Notes the Washington Times' Eric Fisher: "Unresolved is the basic means to gather those funds." We vote for something involving bumper stickers and trading cards.
Posted by Neil deMause
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