|| Print ||
|Articles - January 2010|
|Wednesday, December 16, 2009|
Page 5 of 5But other once-promising deals have fallen victim to Superfund angst. The port had hoped to work out a deal with a biodiesel company at Terminal 4 north of the St. Johns Bridge, but the company backed out after considering the environmental risk.
The PDC is working to avoid a similar failure at the 25-acre Linnton Plywood site in North Portland. The mill there shut down in 2001 when the market for plywood collapsed, and the worker’s cooperative that owns the property has been trying to sell it for seven years. For the 200 or so members of the co-op, mostly aging retirees, a comfortable retirement depends on the sale of this property. A number of potential buyers have considered investing, most recently Arco/British Petroleum, which operates a neighboring facility and has proposed a LEED-certified expansion onto the Linnton property.
A new investment at Linnton Plywood could bring a big boost to the effort to revitalize the harbor. The property is not nearly as contaminated as many others in the harbor, the seller is motivated and the buyer is proposing ecological restoration and new jobs. But uncertainty has kept the deal on hold, and the deadline is nearing.
“I’m not sure we can save the transaction, but we have to try,” says William Hutchison, a partner at the Roberts Kaplan law firm who represents the co-op. “This is an urgent situation. I worry that if we’re not able to deliver a solution soon, some of the members may not live to get the benefits they are due.”
In her State of the City speech in 2001, then-Mayor Vera Katz introduced an ambitious new program called River Renaissance with the goal of improving both the economy and ecology of the Willamette River. To that end, city planners have been collecting ideas and exploring strategies to restore the river’s ecosystem without infringing on the needs of business. The end result of that effort is a deeply complex River Plan for the North Reach of the Willamette, with a plethora of new maps, charts and recommended policies. The plan offers much for industry, including $586.8 million in transportation infrastructure, but harbor businesses have united to attack it bitterly, saying it would raise costs and kill development. The overwhelmingly negative response from businesses has held up passage of the River Plan.
Part of the plan calls for more than 20 new restoration sites within the harbor for businesses to mitigate for the environmental impacts of new development. Businesses unable to restore their own properties could pay to restore these “mitigation banks.”
Gardner of the Working Waterfront Coalition says new fees and complicated new rules are the last things harbor businesses need in this economy, with the uncertainty of Superfund already slowing development. The coalition presented a letter of protest to the Portland Planning Commission in June, asking, “Why would a company invest in the harbor if permitting and fees are so much more complex and costly than they would be elsewhere? The proposed plan also reduces our ability to compete globally and react quickly to changing market opportunities. The result is lost jobs for the city and the region.”
Environmentalists such as Bob Sallinger, of the Audubon Society of Portland, who joined Gardner on a committee that helped craft the plan, are not sympathetic. “These companies and their shareholders profited from the degradation of the river,” he says. “They have the responsibility to pay for that damage, and to make sure it doesn’t happen again.”
The dispute has grown increasingly contentious and resulted in a series of behind-closed doors negotiations between Mayor Adams and industry representatives. Adams says he is committed to finding a solution that works for the business community as well as the environment. “We’ve got a lot of work to do but collectively we are more than up to the task,” he says. “I refuse to accept that it’s either green or it’s good for business. We have proven in Portland that you can accomplish both.”
That may be true in parts of Portland, but it is not yet true in the Portland Harbor Superfund site. It will take decades of fighting, negotiating, encouraging and cajoling to restore the Lower Willamette River and set a course toward a more sustainable future for Portland Harbor. The transition is unlikely to be pleasant and almost certain to be expensive, time consuming and mind-numbingly complex. It is also crucial, to Oregon as well as Portland.
The harbor economy has brought prosperity to the region for 150 years, and it has the potential to do so for another 150 years into the future. But progress will remain sluggish until the river is cleaned up and the stifling weight of Superfund is lifted.
|OHSU researchers work on AIDS vaccine|
|Lean in? Not Sabrina Parsons.|
|Oregon agriculture - not just a commodity|
|The cable guy|
|Outside the box|
|Study finds drugs in our drinking water|
|Penney's shrinks top-name brands|
|Mandela memorial interpreter defensive|
|Pope Francis is TIME's Person of the Year|
|UK says cure for dementia possible by 2025|
|Budget deal reached in Congress|
|Mars freshwater lake might have supported life|
Produced by the Oregon Business marketing department
When the Portland-based manufacturing company Glass Alchemy, Ltd. was first nominated for an Oregon State University Austin Family Business Excellence in Family Business award in 2004, husband-and-wife team Henry Grimmett and Susan Webb-Grimmett, were honored and optimistic about their chances of winning.
Some employers have embraced the use of employment arbitration agreements as a way to manage and mitigate the rising costs, risks and liabilities associated with employment-related claims. Historically, employment arbitration agreements require employees to present employment-related claims, such as employment discrimination, wrongful discharge, harassment, or claims for wages or compensation to an arbitrator, in lieu of proceeding to court.
Produced by the Oregon Business marketing department
Boly:Welch was founded in 1986 based on a close connection between Diane Boly and Pat Welch. The two had worked together at another recruitment firm and shared certain core values: passion for their work, a sense of humor, a commitment to their community and a desire to create a healthy, nurturing work environment.
BEND, OR – December 18, 2013 - Economic Development for Central Oregon (EDCO) is pleased to announce the hiring of Jim Boeddeker as Venture Catalyst Manager, replacing Jim Coonan in the role, effective December 23, 2013.
The Oregon New Lawyers Division of the Oregon State Bar recognized two of Barran Liebman’s own at their Annual Meeting and Social on November 1.
Barran Liebman LLP is proud to announce that Iris Tilley has been named a partner with the firm. Iris has been with Barran Liebman since 2009 and is a member of the Employee Benefits practice group. She advises employers in all aspects of employee benefits, including ERISA, COBRA, HIPAA, retirement plans, compensation agreements, and health care reform.