|| Print ||
|Articles - December 2010|
|Wednesday, November 17, 2010|
Spiking water rates in Portland over the past three years have caused increasing concern among the many water-intensive businesses in the city. Rates have increased 43.4% in the past three years and will more than double in the next five. For instance, Portland’s top 2009 commercial water user, silicon-wafer maker Siltronic, could see fees increase by roughly $2 million in the next five years.
The Portland Water Bureau (PWB) started initial stages of construction of covered reservoirs at Kelly Butte and Powell Butte in the fall of 2009 and is shuttering others to meet EPA regulations banning open-water reservoirs. The five-year project will cost the city around $400 million, and PWB customers — 10% to 15% of whom are businesses — will bear much of that cost. Water rates, which are the same for consumers and businesses, will increase on average by 12% next June and by roughly 13% each subsequent fiscal year until 2015. In contrast, water rates increased by 12.4% between 1994 and 1999.
“We know its money out of their pockets; we have to be mindful of that when maintaining [an old] system and complying with EPA regulations,” says PWB spokesman Jimmy Brown.
There is some controversy around the fact that the Portland City Council has on many occasions appropriated PWB revenue for non-water unrelated projects. For example, over the past decade more than $15 million of PWB’s revenue was spent on MAX and streetcar projects.
“We don’t mind paying for the [water] service, but when it gets diverted to other systems … it’s no good,” says Alan Sprott, a vice president at marine ship services company Vigor Industrial in Portland. Last March, the Portland Utility Review Board unanimously voted for more checks and balances on the council’s ability to reallocate PWB money. The review board also plans to reduce PWB’s controllable costs by 15% over the next five years.
Some large water-using businesses are being proactive about the cost of water. Oregon Health & Science University was the fourth-largest consumer of water in the city in 2009 and has created conservation programs to reduce consumption. “We’ve seen a 30% decrease of water use in the past 20 years,” says Roger Cole, OHSU’s manager of sustainable operations. In 2006, OHSU constructed two buildings that met LEED standards in sustainability. “It’s a win-win, economically and environmentally,” Cole says.
Tuesday, July 28, 2015
Uncertainty in Greece and China, along with potential interest rate hikes mean investors are looking at the market and nervously questioning where they should be invested.
Wednesday, June 24, 2015
One year after he was appointed chair of the Portland Development Commission, Tom Kelly talks about PDC's longevity, Neil Kelly's comeback and his new role as Portlandia's landlord.
Wednesday, July 15, 2015
We asked readers how Obamacare has impacted their business.
Wednesday, July 22, 2015
Charlie Hales has long viewed sound urban planning as the route to salvation: social, economic and environmental. This week, the mayor's city design philosophy got the nod of approval from a bona fide spiritual authority, Pope Francis.
Monday, July 13, 2015
BY JACOB PALMER
Dean of the Atkinson Graduate School of Management, Willamette University
Friday, July 10, 2015
BY AMY MILSHTEIN
When gossip crosses the line.
Monday, July 06, 2015
Picking a business partner is not much different than choosing a spouse or life partner, and the business break-up can be as heart-wrenching and costly as divorce.
|10 Innovators in Rural Health|
|The Private 150: From Strength to Strength|
|Downtime with Debra Ringold|
|Flattery with Numbers|
|Farm in a Box|
|Preserving the Legacy|
|Best Buy will sell Apple Watch, is hoping it boosts sales|
|Biologist estimates 80% of sockeye population could die due to hot water|
|Fiat Chrysler must offer to buy back 500K Dodge Ram trucks|
|Portland kayakers protest ship owned by Shell Oil Company|
|Amazon earns $92M in profit|
|Under Armour bests Q2 earnings expectations|
|More than a hundred passengers forced to stay overnight at PDX|
Court experience helps legal firm anticipate potential problems for clients and prevent expensive litigation.
When Garmin AT needed to consolidate operations for its 550 employees, it scanned its entire corporate map for possible sites.
The technology industry is always in flux. And this rapid rate of change poses challenges to companies ranging from nimble startups aiming to make their mark to established organizations fighting to remain relevant. This is particularly true in the competitive digital display market, where an Oregon company has been at the forefront of nearly every major breakthrough in the last three decades.
A look back at the shifting sands of Portland’s growth and development.
Robert S. Wiggins has joined Lane Powell as a Shareholder in the Corporate/M&A Practice Group. Wiggins is a well-known lawyer, entrepreneur, and investor with more than 30 years of experience leading and advising established and emerging companies in the Pacific Northwest. Wiggins will focus his practice on offering outside general counsel services, including general corporate and board representation, business transactions and capital events.
DEDICATION PARTY: Help the Port of The Dalles celebrate its newest shovel-ready industrial land Friday, July 31, from 1:30 to 4 p.m.