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|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.
Monday, July 13, 2015
BY KIM MOORE
Revenues in Oregon's private, for profit sector maintained solid growth as the economy continued to rebound.
Thursday, June 25, 2015
An international architecture firm known for its design of the National September 11 Memorial Museum Pavilion in New York unveiled its plan this week for a modern indoor/outdoor food market at the foot of the Morrison Bridge in downtown Portland.
Monday, July 13, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN
Telemedicine, new partnerships and real estate diversification make health care more accessible in rural Oregon.
Wednesday, July 15, 2015
Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.
"I feel private enterprises are capable of operating at a higher efficiency than state government."
"This has been used in Oregon since the mid-1800s. It is not a new financing method. This form of financing may help Oregon close its infrastructure deficit by leveraging funds."
Tuesday, June 23, 2015
Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.
Friday, June 05, 2015
As temperatures in Oregon creep into the 90s this weekend, Oregonians' thoughts are turning to — summer baseball.
Friday, July 10, 2015
BY JACOB PALMER
Most of the food Americans consume is trucked in from hundreds of miles away. Eric Wilson, co-founder and CEO of Gro-volution, wants to change that. So this past spring, the Air Force veteran and former greenhouse manager started work on an alternative farming system he claims is more efficient than conventional agriculture, and also shortens the distance between the consumer and the farm.
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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.