Home Must Reads Milwaukie prepares for light rail cuts

Milwaukie prepares for light rail cuts

| Print |  Email
Must Reads
Wednesday, April 03, 2013

Milwaukie will consider service cuts and higher taxes as possible solutions to pay for its financial obligation to TriMet for light rail construction.

In 2008, city officials signed on to paying TriMet $5 million for the light-rail line under construction. The embattled transit agency promised to open the line in September 2015 from Portland through Milwaukie and to Oak Grove. TriMet renegotiated a payment plan with Milwaukie after it became clear that the city wouldn’t be able to pay within 90 days of the Federal Transit Administration’s 50 percent match to the $1.49 billion total project cost.

City Councilor Dave Hedges saw urgency in the way that Milwaukie’s payments balloon to TriMet, from $192,000 this year to $364,875 as the final installment in 2031. He only voted for the revised agreement with TriMet last June, he reminded other elected officials at the March 21 study session, with the understanding that the city would give citizens the choice between service cuts and paying more taxes.

Read more at The Portland Tribune.

{biztweet}milwaukie light rail{/biztweet}

 

More Articles

Constant Contact

October 2014
Thursday, September 25, 2014
BY AMY MILSHTEIN

To prevent burnout, companies are banning email and after-hours communications. But is the 24-hour workday here to stay?


Read more...

Semiconductor purgatory

News
Monday, October 06, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Intel's manufacturing way station; Merkley's attack dog; Diamond Foods gets into the innovation business.


Read more...

100 Best Nonprofits announced

News
Thursday, October 02, 2014

100NP14logo4WebOregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.


Read more...

Measure 91: What Oregon Businesses Need to Know

Contributed Blogs
Wednesday, October 15, 2014
91 thumbBY DIANE BUISMAN

Some common misconceptions employers have about marijuana.


Read more...

November/December Preview: Revenge Forestry

News
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG

Seneca AW46A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.


Read more...

Tight and Loose

September 2014
Wednesday, August 27, 2014
BY JENNIFER MARGULIS

As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.


Read more...

October surprise

News
Sunday, October 12, 2014
roundup-logo-thumb-14BY LINDA BAKER

Cylvia Hayes, tabloid vs. watchdog journalism and the looming threat of a Cascadia earthquake.


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