The 29-page, 10-year franchise is scheduled to go before city council commissioners on May 7.
LaVonne Griffin-Valade said the city's streetcar systems constitute a financial and operational risk.
Hillsboro-based TriQuint Semiconductor talked with two potential suitors before agreeing to merge with rival RF Micro Devices.
The New Jersey-based company offered its shares to the public, raising net proceeds of $12.5 million.
Oregon InC will be taking proposals for ideas that will help build new and emerging industries in the state.