Sponsored by Oregon Business

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

Downtime with the executive director of Greater Portland Inc.

April 2015
Thursday, March 26, 2015

Janet LaBar, Executive director, Greater Portland Inc.


Read more...

Meeting Facilities Perspective

March 2015
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR

A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.


Read more...

Nuclear fingerprints

March 2015
Tuesday, February 24, 2015
BY LINDA BAKER | OB EDITOR

At Oregon State University, a 21st century version of the bad dream — nuclear terrorism — is alive and well. This winter, the Department of Nuclear Physics and Radiation Health Physics created a new interdisciplinary graduate emphasis in nuclear forensics, a Sherlock Holmes-sounding program that aims to identify how and where confiscated nuclear and radiological materials were created.


Read more...

How Oregon will survive the loss of Hanjin

March 2015
Friday, February 20, 2015
BY JOE CORTRIGHT | OB CONTRIBUTOR

"Shipping containers to Portland is like waiting for a bus that travels once a day."


Read more...

Letting Go

April 2015
Friday, March 27, 2015
BY AMY MILSHTEIN

As baby boomers sell their businesses, too many forget the all-important succession plan.


Read more...

Courtside

April 2015
Thursday, March 26, 2015
BY JACOB PALMER

Enjoying a power lunch at Court Street Dairy Lunch in Salem.


Read more...

Money Talks

March 2015
Saturday, February 21, 2015
BY LINDA BAKER | OB EDITOR

Will community banks survive the digital age? Three CEOs peer into banking's crystal ball.


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