Metro-area mayors push Portland to seal Moda Center deal to keep Blazers

TL;DR
Twenty-four suburban mayors around Portland urged city and Multnomah County leaders to push a solid public funding package for Moda Center renovations to keep the Trail Blazers from relocating, as Portland weighs about $120 million in city funding and the county about $88 million; the city released a rough term sheet calling for a 20-year stay, $3 million annual payments from owners, renewable energy, discounted concessions and other community benefits, with an Aug. 12 City Council vote and ongoing negotiations amid NBA feedback.
Topics:sportslocal-politics#arena-deal#local-politics#moda-center#portland#public-funding#trail-blazers
- Mayors from 24 Portland-area cities call on city to secure Moda Center deal Oregon Public Broadcasting - OPB
- Portland sends new deal terms to Trail Blazers — will they stay? KPTV
- We asked every Portland councilor 8 key questions about the Moda Center. Here’s what they said OregonLive.com
- 'It's a blank check': Two commissioners push for a 'reset' on $600M Moda Center renovation deal KGW
- City shares copy of draft terms sent to Blazers detailing $573M public investment in Moda KATU
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