Portland ready to pull plug on Siltronic district

Portland ready to pull plug on Siltronic district

Mayor Charlie Hales is ready to kill the $200 million urban renewal plan of the Willamette industrial district.

The city’s $200 million spending plan – which required a new urban renewal district to corral taxes on a facility that was never built – hasn’t offered a single dollar to companies or development efforts along the Portland Harbor.

And adding insult to injury, Siltronic is now one of the biggest critics of Portland's rising water and sewer rates, helping fund a political campaign to strip utility oversight from the City Council.

Read more at OregonLive.com