The Portland Development Commission has unveiled its spending plan for the proposed “Education” Urban Renewal Area discussed earlier.
Notice that about 20 percent is used to buy off opposition from Portland Public Schools and Multnomah County. More than one quarter of the budget is to buy the support of Nick Fish, the housing commissioner on the Portland city council.
Here’s another breakdown. Notice that the Portland Development Commission skims a whopping 15 percent off the top of all the money raised. That’s quite a commission for the Commission.
The Portland Development Commission meets Wednesday, April 11, 2012 from 3:00 PM – 5:00 PM to discuss the proposed urban renewal area. It will be one of the very few times the public can provide comment.
The complete packet of information currently available is below: