Portland Commissioner wants to limit convention center hotel financing

| Print |  Email
Must Reads
Friday, August 02, 2013

Portland Commissioner Steve Novick wants to limit how much local lodging tax could help finance a new convention center hotel.

The Portland City Council and the Multnomah County commissioners would have to give their OK to divert proceeds from the lodging tax to pay off $60 million in Metro revenue bonds to help finance the hotel. Those bodies are expect to have their first chance to weigh when they take up that issue in September.

Novick decided he didn't want to wait that long. He said this week that he wants only lodging taxes from hotel stays actually generated by conventions to go toward the hotel's financing.

Read more at OregonLive.com.

 

More Articles

6 highlights from the Craft Brewers Conference

The Latest
Friday, April 17, 2015
thumbPHOTOS BY  JASON E. KAPLAN

The 32nd annual CBC attracted a record number of attendees (11,000)  to the Oregon Convention Center.


Read more...

Make the Case

May 2015
Monday, April 27, 2015

10 briefcases that mean business.


Read more...

Oregon Business expands events portfolio

The Latest
Friday, March 27, 2015
htctfacebookBY OB STAFF

New events series brings magazine to life.


Read more...

Oregon businesses face destruction from future earthquake

The Latest
Wednesday, May 20, 2015
htctthumb1BY KIM MOORE | RESEARCH EDITOR

An earthquake would completely destroy many Oregon businesses, highlighting the urgent need for the private and public sectors to collaborate on shoring up disaster preparedness, said panelists at an Oregon Business breakfast summit today.


Read more...

Foundations perspective

May 2015
Monday, April 27, 2015
BY KIM MOORE

A conversation with Martha Richards, executive director of the James F. & Marion L. Miller Foundation.


Read more...

The Health Guru

May 2015
Monday, April 27, 2015
BY LINDA BAKER

Mohan Nair channels a visionary.


Read more...

It's a Man's Man's Man's World

May 2015
Friday, April 24, 2015
BY AMY MILSHTEIN

Male tech workers speak out on the industry's gender troubles.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS