{ "meetingId": "2026-08-12-1", "title": "Portland City Council AM Session 08/12/26", "displayTitle": "City Council · morning", "date": "2026-08-12T09:30:00-07:00", "duration": 263, "videoUrl": "https://www.youtube.com/watch?v=lhyLba_u7uQ", "videoId": "lhyLba_u7uQ", "agendaUrl": "https://www.portland.gov/council/agenda/2026/8/12", "agendaItems": [ { "number": 2, "title": "Public comment", "type": "Public communication", "url": "https://www.portland.gov/council/documents/public-communication/placed-file/august-12-2026-public-communications" }, { "number": 3, "title": "Amend the Comprehensive Plan Map and Zoning Map for a vacant lot on NW 31st Ave described as Willamette Heights Addition, Block 18, Lot 14 at the request of Portland Parks and Recreation (LU 26-007966 CP ZC)", "type": "Ordinance", "url": "https://www.portland.gov/council/documents/ordinance/passed/192215" }, { "number": 4, "title": "August 2026 City Administrator update", "type": "Presentation", "url": "https://www.portland.gov/council/documents/presentation/august-2026-city-administrator-update" }, { "number": 5, "title": "Direct the Portland Bureau of Transportation to evaluate and implement no turn on red restrictions at signalized intersections within the High Crash Network", "type": "Ordinance", "url": "https://www.portland.gov/council/documents/ordinance/passed/192214" }, { "number": 6, "title": "Authorize a non-binding term sheet with Rip City Management LLC and Trail Blazers Holdings, LLC outlining the terms for Moda Center arena renovation, operating and lease agreements that will keep the Portland Trail Blazers playing in Portland for at least 20 more years", "type": "Resolution", "url": "https://www.portland.gov/council/documents/resolution/adopted/37750" } ], "summary": "**Portland City Council adopted a non-binding term sheet 8-4 to begin negotiations to renovate the Moda Center and keep the Trail Blazers in Portland for at least 20 more years, after amending it to add rent from the team and raise that rent to $3.17 million a year.** ([04:22:42](meeting:2026-08-12-1@04:22:42))\n\n## Trail Blazers term sheet\n\nThe resolution (item 6), introduced by Mayor Keith Wilson, passed with Councilors Steve Novick (District 3), Olivia Clark (District 4), Eric Zimmerman (District 4), Loretta Smith (District 1), Sameer Kanal (District 2), Elana Pirtle-Guiney (District 2), Dan Ryan (District 2) and Council President Jamie Dunphy (District 1) in favor, and Councilors Tiffany Koyama Lane (District 3), Angelita Morillo (District 3), Mitch Green (District 4) and Candace Avalos (District 1) opposed. Council President Dunphy called it \"the city's opening proposal\" and said the 2 p.m. continuation session was cancelled.\n\nDeputy City Administrator Donnie Oliveira told the council the document was assembled without the Blazers having formally negotiated, and that the city will need renovation details from the team before returning in December. The term sheet describes a **$120 million** upfront city contribution and a **$275 million** ongoing capital contribution over 20 years, drawn against roughly **$300 million-plus** committed by the state. An amendment package co-sponsored by Dunphy, Pirtle-Guiney, Ryan and Kanal — built from proposals councilors raised the prior week — passed 12-0 ([02:05:16](meeting:2026-08-12-1@02:05:16)) and added a rent term of **$2 million a year**, joint-authority approval over public dollars, city development rights and community-benefits reporting.\n\nNovick then moved to raise the rent to **$3.17 million a year**, saying his goal was for the city to recover about **$117 million** over 20 years assuming it borrows $75 million at roughly 4.6 percent. It passed 7-5 ([02:22:19](meeting:2026-08-12-1@02:22:19)). Novick also told any listening NBA owners the city's ask amounts to about $6 million a year — \"less than the salary of Clint Capela of the Houston Rockets\" ([03:26:47](meeting:2026-08-12-1@03:26:47)) — and noted the Blazers made **$361 million** in 2024-25 ([03:25:11](meeting:2026-08-12-1@03:25:11)).\n\nAn earlier Green amendment to peg rent escalation to Oregon's rent-stabilization cap failed on a 6-6 tie ([01:59:35](meeting:2026-08-12-1@01:59:35)), with Dunphy joining Koyama Lane, Morillo, Green, Avalos and Kanal in favor. \"I don't know why we would charge Rip City Management... a better rent control deal than we're giving Portland tenants,\" Green said, noting 53 percent of his District 4 constituents rent. Smith objected that the amendment referenced a residential statute for a commercial lease.\n\n## The dissents\n\nMorillo said economists who study arena deals call it \"the worst deal of all time\" ([01:24:09](meeting:2026-08-12-1@01:24:09)) and tied the spending to school lunches and cuts to the Portland Clean Energy Fund. Green cited coming TriMet service cuts and said no credible economic study supports the deal: \"There's no such thing as a free lunch in public economics\" ([03:34:20](meeting:2026-08-12-1@03:34:20)). Avalos said the owner must make a private contribution and framed her vote as \"not a vote against the Blazers\" ([03:47:03](meeting:2026-08-12-1@03:47:03)). Koyama Lane said she could not support it \"without a firm commitment of funds from Mr. Dundon\" ([04:08:05](meeting:2026-08-12-1@04:08:05)).\n\nTwo proposed oversight amendments failed 6-6. A Morillo-Kanal amendment requiring a financial report 15 days before council votes on funding — analyzing costs to the Portland Clean Energy Fund, general fund and debt capacity — failed ([03:05:09](meeting:2026-08-12-1@03:05:09)). \"The City Council is a legislative body, not an advisory board to the mayor,\" Kanal said ([02:51:58](meeting:2026-08-12-1@02:51:58)). Pirtle-Guiney argued such directives belonged in verbal instruction to the administration rather than the term sheet.\n\nSupporters leaned on economics and civic identity. Ryan, a lifelong fan, said the vote was for \"jobs, jobs, jobs\" and the general fund ([04:10:40](meeting:2026-08-12-1@04:10:40)). Zimmerman cited **$670 million** in annual economic activity and said the Moda Center is booked about 200 of a possible 361 nights ([03:58:08](meeting:2026-08-12-1@03:58:08)). Clark said, \"I don't believe this is a bailout for a billionaire\" ([03:44:54](meeting:2026-08-12-1@03:44:54)). Kanal described his yes as \"51-49,\" a step to keep negotiations alive.\n\n## Floor conduct\n\nThe debate turned pointed over how the amendment package came together. Green criticized Ryan for a newsletter line that \"we blocked all the amendments\" and warned against reaching consensus off the dais: \"we can't do this negotiation and come to a consensus position behind closed doors\" ([01:36:38](meeting:2026-08-12-1@01:36:38)). Morillo said colleagues \"cannibalized our amendments from last week\" ([01:24:09](meeting:2026-08-12-1@01:24:09)). From the gallery, a person interjected, \"This year we got 7 schools shut down, and we want to talk about renovation? Fuck this. Our taxes should be spent on our children\" ([00:58:12](meeting:2026-08-12-1@00:58:12)). Dunphy later thanked \"the guy outside for occasionally quieting down.\" Novick openly offered Dunphy \"a front room deal\" to trade support for a rent amendment ([02:04:03](meeting:2026-08-12-1@02:04:03)).\n\n## Traffic safety and a zoning change\n\nThe council passed 12-0 ([00:20:43](meeting:2026-08-12-1@00:20:43)) an ordinance from Smith and Koyama Lane directing the transportation bureau to evaluate and add no-turn-on-red restrictions at High Crash Network intersections, a pilot Smith said costs about **$800,000**. Smith cited research that such signage \"reduces all crashes by 9% and decreases pedestrian and bicycle crashes by 41%\" ([00:14:29](meeting:2026-08-12-1@00:14:29)). Novick clarified the pilot could add 30 no-turn intersections to the roughly 200 that exist ([00:18:03](meeting:2026-08-12-1@00:18:03)).\n\nA comprehensive-plan and zoning map change for a vacant Northwest 31st Avenue lot at Portland Parks and Recreation's request passed 12-0 ([00:21:50](meeting:2026-08-12-1@00:21:50)).\n\n## City Administrator report\n\nCity Administrator Raymond C. Lee's monthly report, placed on file, covered signal-wrap installations, a Lloyd Holiday relocation grant and a street-cleaning pilot in Kenton, Cathedral Park and St. Johns. Lee said the ICE facility land-use matter remains in the court system and the behavioral health work session moved to September 9th ([00:23:51](meeting:2026-08-12-1@00:23:51)). Chief Deputy City Attorney Nancy Thorington told Kanal a \"defense verdict\" on a police chemical-irritant claim meant the city and officer won on summary judgment with **$173,000** in legal costs, and that a denied claim leaves the person able to sue ([00:33:48](meeting:2026-08-12-1@00:33:48)).\n\n## Public communications\n\nTwo people testified. Joel Corcoran, a District 3 resident and council candidate, urged collaboration over polarization in the coming election ([00:06:04](meeting:2026-08-12-1@00:06:04)). A speaker who identified as \"Injured and Pissed Off\" said the state pays **$19,166 a month** for his care facility and that he must pay $1,375 more, and said neither the city, county nor state had paid him for catastrophic injuries dating to November 2010 ([00:09:38](meeting:2026-08-12-1@00:09:38)).\n\n## What's next\n\nThe negotiating team is to return with definitive documents by year's end; the final council meeting is scheduled for December 17, with a vote expected around December 9 to 17. Dunphy said he would not rush a vote and pointed to a tentative public work session on October 14, further executive sessions, and an updated city Moda Center webpage. Oliveira committed to trying to give council at least 30 days to review final documents. Koyama Lane and Kanal said their support next time depends on a firm owner contribution and full financial detail. Lee promised follow-up memos to Kanal on the North Portland Road RV closure and the police-claims questions, and the behavioral health work session is set for September 9.", "summaryText": "Portland City Council adopted a non-binding term sheet 8-4 to begin negotiations to renovate the Moda Center and keep the Trail Blazers in Portland for at least 20 more years, after amending it to add rent from the team and raise that rent to $3.17 million a year. (04:22:42)\n\nThe resolution (item 6), introduced by Mayor Keith Wilson, passed with Councilors Steve Novick (District 3), Olivia Clark (District 4), Eric Zimmerman (District 4), Loretta Smith (District 1), Sameer Kanal (District 2), Elana Pirtle-Guiney (District 2), Dan Ryan (District 2) and Council President Jamie Dunphy (District 1) in favor, and Councilors Tiffany Koyama Lane (District 3), Angelita Morillo (District 3), Mitch Green (District 4) and Candace Avalos (District 1) opposed. Council President Dunphy called it \"the city's opening proposal\" and said the 2 p.m. continuation session was cancelled.\n\nDeputy City Administrator Donnie Oliveira told the council the document was assembled without the Blazers having formally negotiated, and that the city will need renovation details from the team before returning in December. The term sheet describes a $120 million upfront city contribution and a $275 million ongoing capital contribution over 20 years, drawn against roughly $300 million-plus committed by the state. An amendment package co-sponsored by Dunphy, Pirtle-Guiney, Ryan and Kanal — built from proposals councilors raised the prior week — passed 12-0 (02:05:16) and added a rent term of $2 million a year, joint-authority approval over public dollars, city development rights and community-benefits reporting.\n\nNovick then moved to raise the rent to $3.17 million a year, saying his goal was for the city to recover about $117 million over 20 years assuming it borrows $75 million at roughly 4.6 percent. It passed 7-5 (02:22:19). Novick also told any listening NBA owners the city's ask amounts to about $6 million a year — \"less than the salary of Clint Capela of the Houston Rockets\" (03:26:47) — and noted the Blazers made $361 million in 2024-25 (03:25:11).\n\nAn earlier Green amendment to peg rent escalation to Oregon's rent-stabilization cap failed on a 6-6 tie (01:59:35), with Dunphy joining Koyama Lane, Morillo, Green, Avalos and Kanal in favor. \"I don't know why we would charge Rip City Management... a better rent control deal than we're giving Portland tenants,\" Green said, noting 53 percent of his District 4 constituents rent. Smith objected that the amendment referenced a residential statute for a commercial lease.\n\nMorillo said economists who study arena deals call it \"the worst deal of all time\" (01:24:09) and tied the spending to school lunches and cuts to the Portland Clean Energy Fund. Green cited coming TriMet service cuts and said no credible economic study supports the deal: \"There's no such thing as a free lunch in public economics\" (03:34:20). Avalos said the owner must make a private contribution and framed her vote as \"not a vote against the Blazers\" (03:47:03). Koyama Lane said she could not support it \"without a firm commitment of funds from Mr. Dundon\" (04:08:05).\n\nTwo proposed oversight amendments failed 6-6. A Morillo-Kanal amendment requiring a financial report 15 days before council votes on funding — analyzing costs to the Portland Clean Energy Fund, general fund and debt capacity — failed (03:05:09). \"The City Council is a legislative body, not an advisory board to the mayor,\" Kanal said (02:51:58). Pirtle-Guiney argued such directives belonged in verbal instruction to the administration rather than the term sheet.\n\nSupporters leaned on economics and civic identity. Ryan, a lifelong fan, said the vote was for \"jobs, jobs, jobs\" and the general fund (04:10:40). Zimmerman cited $670 million in annual economic activity and said the Moda Center is booked about 200 of a possible 361 nights (03:58:08). Clark said, \"I don't believe this is a bailout for a billionaire\" (03:44:54). Kanal described his yes as \"51-49,\" a step to keep negotiations alive.\n\nThe debate turned pointed over how the amendment package came together. Green criticized Ryan for a newsletter line that \"we blocked all the amendments\" and warned against reaching consensus off the dais: \"we can't do this negotiation and come to a consensus position behind closed doors\" (01:36:38). Morillo said colleagues \"cannibalized our amendments from last week\" (01:24:09). From the gallery, a person interjected, \"This year we got 7 schools shut down, and we want to talk about renovation? Fuck this. Our taxes should be spent on our children\" (00:58:12). Dunphy later thanked \"the guy outside for occasionally quieting down.\" Novick openly offered Dunphy \"a front room deal\" to trade support for a rent amendment (02:04:03).\n\nThe council passed 12-0 (00:20:43) an ordinance from Smith and Koyama Lane directing the transportation bureau to evaluate and add no-turn-on-red restrictions at High Crash Network intersections, a pilot Smith said costs about $800,000. Smith cited research that such signage \"reduces all crashes by 9% and decreases pedestrian and bicycle crashes by 41%\" (00:14:29). Novick clarified the pilot could add 30 no-turn intersections to the roughly 200 that exist (00:18:03).\n\nA comprehensive-plan and zoning map change for a vacant Northwest 31st Avenue lot at Portland Parks and Recreation's request passed 12-0 (00:21:50).\n\nCity Administrator Raymond C. Lee's monthly report, placed on file, covered signal-wrap installations, a Lloyd Holiday relocation grant and a street-cleaning pilot in Kenton, Cathedral Park and St. Johns. Lee said the ICE facility land-use matter remains in the court system and the behavioral health work session moved to September 9th (00:23:51). Chief Deputy City Attorney Nancy Thorington told Kanal a \"defense verdict\" on a police chemical-irritant claim meant the city and officer won on summary judgment with $173,000 in legal costs, and that a denied claim leaves the person able to sue (00:33:48).\n\nTwo people testified. Joel Corcoran, a District 3 resident and council candidate, urged collaboration over polarization in the coming election (00:06:04). A speaker who identified as \"Injured and Pissed Off\" said the state pays $19,166 a month for his care facility and that he must pay $1,375 more, and said neither the city, county nor state had paid him for catastrophic injuries dating to November 2010 (00:09:38).\n\nThe negotiating team is to return with definitive documents by year's end; the final council meeting is scheduled for December 17, with a vote expected around December 9 to 17. Dunphy said he would not rush a vote and pointed to a tentative public work session on October 14, further executive sessions, and an updated city Moda Center webpage. Oliveira committed to trying to give council at least 30 days to review final documents. Koyama Lane and Kanal said their support next time depends on a firm owner contribution and full financial detail. Lee promised follow-up memos to Kanal on the North Portland Road RV closure and the police-claims questions, and the behavioral health work session is set for September 9.", "summaryLede": "Portland City Council adopted a non-binding term sheet 8-4 to begin negotiations to renovate the Moda Center and keep the Trail Blazers in Portland for at least 20 more years, after amending it to add rent from the team and raise that rent to $3.17 million a year.", "sections": [ { "title": "Agenda approval", "startTime": "00:04:00.360", "endTime": "00:05:48.379", "agendaItemNumber": 1, "items": [ { "title": "Agenda approval", "startTime": "00:04:00.360", "endTime": "00:05:48.379", "agendaItemNumber": 1 } ] }, { "title": "Public communications", "startTime": "00:05:48.379", "endTime": "00:13:51.589", "agendaItemNumber": 2, "items": [ { "title": "Public comment (Public communication)", "startTime": "00:05:48.379", "endTime": "00:13:51.589", "agendaItemNumber": 2 } ] }, { "title": "Regular agenda", "startTime": "00:13:51.589", "endTime": "00:21:54.490", "agendaItemNumber": 5, "items": [ { "title": "Direct the Portland Bureau of Transportation to evaluate and implement no turn on red restrictions at signalized intersections within the High Crash Network", "startTime": "00:13:51.589", "endTime": "00:21:54.490", "agendaItemNumber": 5 } ] }, { "title": "Time certain", "startTime": "00:21:54.490", "endTime": "00:37:04.934", "agendaItemNumber": 4, "items": [ { "title": "August 2026 City Administrator update", "startTime": "00:21:54.490", "endTime": "00:37:04.934", "agendaItemNumber": 4 } ] }, { "title": "Regular agenda (continued)", "startTime": "00:37:04.934", "endTime": "04:22:42.504", "agendaItemNumber": 6, "items": [ { "title": "Authorize a non-binding term sheet with Rip City Management LLC and Trail Blazers Holdings, LLC outlining the terms for Moda Center arena renovation, operating and lease agreements that will keep the Portland Trail Blazers playing in Portland for at least 20 more years", "startTime": "00:37:04.934", "endTime": "04:22:42.504", "agendaItemNumber": 6 } ] } ], "cues": [ { "id": "cue-1", "start": 240.361, "end": 241.219, "text": "Good morning.", "speaker": "Jamie Dunphy" }, { "id": "cue-2", "start": 241.284, "end": 243.908, "text": "I'm calling to order this meeting of the Portland City Council.", "speaker": "Jamie Dunphy" }, { "id": "cue-3", "start": 247.107, "end": 248.16, "text": "Can we please call the roll?", "speaker": "Jamie Dunphy" }, { "id": "cue-4", "start": 249.052, "end": 249.424, "text": "Good morning.", "speaker": "Keelan McClymont" }, { "id": "cue-5", "start": 249.603, "end": 250.121, "text": "Koyama Lane?", "speaker": "Keelan McClymont" }, { "id": "cue-6", "start": 250.429, "end": 250.607, "text": "Here.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-7", "start": 251.158, "end": 251.498, "text": "Morillo?", "speaker": "Keelan McClymont" }, { "id": "cue-8", "start": 252.049, "end": 252.163, "text": "Here.", "speaker": "Angelita Morillo" }, { "id": "cue-9", "start": 252.6, "end": 252.779, "text": "Here.", "speaker": "Dan Ryan" }, { "id": "cue-10", "start": 253.184, "end": 253.605, "text": "Here.", "speaker": "Jamie Dunphy" }, { "id": "cue-11", "start": 255.67, "end": 256.17, "text": "Here.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-12", "start": 256.17, "end": 258.15, "text": "Here.", "speaker": "Keelan McClymont" }, { "id": "cue-13", "start": 258.15, "end": 258.93, "text": "Here.", "speaker": "Keelan McClymont" }, { "id": "cue-14", "start": 258.93, "end": 260.37, "text": "Present.", "speaker": "Candace Avalos" }, { "id": "cue-15", "start": 260.37, "end": 261.37, "text": "Smith.", "speaker": "Keelan McClymont" }, { "id": "cue-16", "start": 261.37, "end": 263.09, "text": "Here.", "speaker": "Loretta Smith" }, { "id": "cue-17", "start": 263.09, "end": 264.21, "text": "Here.", "speaker": "Steve Novick" }, { "id": "cue-18", "start": 264.21, "end": 265.73, "text": "Pirtle-Guiney.", "speaker": "Keelan McClymont" }, { "id": "cue-19", "start": 265.73, "end": 266.53, "text": "Here.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-20", "start": 266.53, "end": 268.31, "text": "Ryan.", "speaker": "Keelan McClymont" }, { "id": "cue-21", "start": 268.31, "end": 269.03, "text": "Dunphy.", "speaker": "Keelan McClymont" }, { "id": "cue-22", "start": 269.03, "end": 270.11, "text": "Here.", "speaker": "Jamie Dunphy" }, { "id": "cue-23", "start": 270.11, "end": 272.15, "text": "And could we please read the rules of decorum for the chamber?", "speaker": "Jamie Dunphy" }, { "id": "cue-24", "start": 273.51, "end": 274.01, "text": "Good morning.", "speaker": "Keelan McClymont" }, { "id": "cue-25", "start": 274.01, "end": 275.4, "text": "Welcome to the Portland City Council.", "speaker": "Keelan McClymont" }, { "id": "cue-26", "start": 275.57, "end": 281.38, "text": "To testify before council in person or virtually, you must sign up in advance on the council agenda at www.portland.gov/council/agenda.", "speaker": "Keelan McClymont" }, { "id": "cue-27", "start": 283.89, "end": 291.308, "text": "Information on engaging with council can be found at the individuals may testify for 3 minutes unless the presiding officer states otherwise.", "speaker": "Keelan McClymont" }, { "id": "cue-28", "start": 291.822, "end": 293.814, "text": "Your microphone will be muted when your time is over.", "speaker": "Keelan McClymont" }, { "id": "cue-29", "start": 294.376, "end": 296.078, "text": "The presiding officer preserves order.", "speaker": "Keelan McClymont" }, { "id": "cue-30", "start": 296.319, "end": 304.075, "text": "Disruptive conduct such as shouting, refusing to conclude your testimony when your time is up, or interrupting others' testimony or council deliberations will not be allowed.", "speaker": "Keelan McClymont" }, { "id": "cue-31", "start": 304.605, "end": 306.548, "text": "If you cause a disruption, a warning will be given.", "speaker": "Keelan McClymont" }, { "id": "cue-32", "start": 307.078, "end": 309.68, "text": "Further disruption will result in ejection from the meeting.", "speaker": "Keelan McClymont" }, { "id": "cue-33", "start": 310.37, "end": 313.229, "text": "Anyone who fails to leave once ejected is subject to arrest for trespass.", "speaker": "Keelan McClymont" }, { "id": "cue-34", "start": 313.293, "end": 313.405, "text": "Thank you.", "speaker": "Keelan McClymont" }, { "id": "cue-35", "start": 313.983, "end": 316.842, "text": "Additionally, council may take a short recess and reconvene virtually.", "speaker": "Keelan McClymont" }, { "id": "cue-36", "start": 317.501, "end": 319.975, "text": "Your testimony should address the matter being considered.", "speaker": "Keelan McClymont" }, { "id": "cue-37", "start": 320.408, "end": 322.352, "text": "When testifying, state your name for the record.", "speaker": "Keelan McClymont" }, { "id": "cue-38", "start": 322.56, "end": 323.99, "text": "Your address is not necessary.", "speaker": "Keelan McClymont" }, { "id": "cue-39", "start": 324.568, "end": 327.218, "text": "If you are a lobbyist, identify the organization you represent.", "speaker": "Keelan McClymont" }, { "id": "cue-40", "start": 327.716, "end": 330.961, "text": "Virtual testifiers should unmute themselves when the council clerk calls your name.", "speaker": "Keelan McClymont" }, { "id": "cue-41", "start": 331.234, "end": 331.555, "text": "Thank you.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-42", "start": 332.053, "end": 332.824, "text": "Thank you very much.", "speaker": "Jamie Dunphy" }, { "id": "cue-43", "start": 333.338, "end": 335.972, "text": "Our first item, as always, is agenda approval.", "speaker": "Jamie Dunphy" }, { "id": "cue-44", "start": 336.149, "end": 341.867, "text": "Colleagues, are there any requests to amend the agenda, to reorder items, or to reschedule an item to a future meeting date?", "speaker": "Jamie Dunphy" }, { "id": "cue-45", "start": 343.059, "end": 344.617, "text": "Not seeing anyone looking excited.", "speaker": "Jamie Dunphy" }, { "id": "cue-46", "start": 344.666, "end": 346.978, "text": "Do I have unanimous consent to approve the agenda?", "speaker": "Jamie Dunphy" }, { "id": "cue-47", "start": 348.38, "end": 349.669, "text": "The agenda is approved.", "speaker": "Jamie Dunphy" }, { "id": "cue-48", "start": 349.766, "end": 350.604, "text": "Great, thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-49", "start": 350.668, "end": 352.57, "text": "Keelan, can we please move to public communications?", "speaker": "Jamie Dunphy" }, { "id": "cue-50", "start": 353.151, "end": 354.908, "text": "First up today, we have Joel Corcoran.", "speaker": "Keelan McClymont" }, { "id": "cue-51", "start": 356.14, "end": 356.707, "text": "Good morning.", "speaker": "Dan Ryan" }, { "id": "cue-52", "start": 356.885, "end": 359.008, "text": "Come on up, introduce yourself for the record.", "speaker": "Jamie Dunphy" }, { "id": "cue-53", "start": 359.089, "end": 360.838, "text": "You're welcome to share your pronouns, and you have 3 minutes.", "speaker": "Jamie Dunphy" }, { "id": "cue-54", "start": 364.928, "end": 365.35, "text": "Good morning.", "speaker": "Joel Corcoran" }, { "id": "cue-55", "start": 366.487, "end": 370.435, "text": "I'm Joel Corcoran, a resident of District 3 and also a candidate for City Council.", "speaker": "Joel Corcoran" }, { "id": "cue-56", "start": 371.658, "end": 375.477, "text": "Kathleen Sadat's comments last week moved me to come address you today.", "speaker": "Joel Corcoran" }, { "id": "cue-57", "start": 377.11, "end": 380.461, "text": "We've been working with a new type of city government now for about 18 months.", "speaker": "Joel Corcoran" }, { "id": "cue-58", "start": 381.659, "end": 388.18, "text": "This offers a unique opportunity for a new style of politics, particularly during this election.", "speaker": "Joel Corcoran" }, { "id": "cue-59", "start": 390.071, "end": 407.374, "text": "Yet City Council continues to replicate the same cycle of polarization, demonization, and alienation we've seen play out at the federal level for over 25 years, those of us who've served in the federal government have seen this firsthand.", "speaker": "Joel Corcoran" }, { "id": "cue-60", "start": 408.552, "end": 415.582, "text": "That knowledge and experience makes us informed critics, but criticism is easy; collaborating is hard.", "speaker": "Joel Corcoran" }, { "id": "cue-61", "start": 417.2, "end": 422.89, "text": "Governing is just goddamn difficult, even at the best of times, and we certainly do not live in the best of times right now.", "speaker": "Joel Corcoran" }, { "id": "cue-62", "start": 423.598, "end": 427.918, "text": "Our federal government poses existential threats to democracy and the republic generally.", "speaker": "Joel Corcoran" }, { "id": "cue-63", "start": 429.117, "end": 436.472, "text": "And to Portland in particular, our state and local governments are the last line of defense against those threats.", "speaker": "Joel Corcoran" }, { "id": "cue-64", "start": 437.071, "end": 447.836, "text": "It's up to us to mount that defense—all of us, we the people—but especially of those those of us who are running for state and local office, incumbents and challengers alike.", "speaker": "Joel Corcoran" }, { "id": "cue-65", "start": 448.802, "end": 454.328, "text": "I think those of us seeking elected office should work to restore democracy and solve the political problems that need to be solved.", "speaker": "Joel Corcoran" }, { "id": "cue-66", "start": 455.264, "end": 458.872, "text": "We are the ones who will lead Portland's political culture and norms.", "speaker": "Joel Corcoran" }, { "id": "cue-67", "start": 459.552, "end": 461.704, "text": "We should take that responsibility seriously.", "speaker": "Joel Corcoran" }, { "id": "cue-68", "start": 463.37, "end": 474.894, "text": "This election offers an opportunity for all of us to help City Council work better together as an institution, but that will require all of us to work better together.", "speaker": "Joel Corcoran" }, { "id": "cue-69", "start": 476.662, "end": 481.498, "text": "That will require reversing the conventional wisdom of politics and elections especially.", "speaker": "Joel Corcoran" }, { "id": "cue-70", "start": 482.141, "end": 489.577, "text": "We could continue with the conventional wisdom of elections, Those practices of vilifying each other, demonizing our opponents.", "speaker": "Joel Corcoran" }, { "id": "cue-71", "start": 491.144, "end": 498.829, "text": "Or we could try something new, actually collaborating now in advance of taking office in January.", "speaker": "Joel Corcoran" }, { "id": "cue-72", "start": 500.103, "end": 510.527, "text": "We can encourage diversity, equity, and collaboration now, some of our core city values, or continue mimicking these so-called values of national politics.", "speaker": "Joel Corcoran" }, { "id": "cue-73", "start": 511.64, "end": 514.173, "text": "This election will decide who serves on council next year.", "speaker": "Joel Corcoran" }, { "id": "cue-74", "start": 514.569, "end": 518.635, "text": "It will not decide who gets to continue working for the public good.", "speaker": "Joel Corcoran" }, { "id": "cue-75", "start": 519.958, "end": 521.878, "text": "We'll all still be around after Election Day.", "speaker": "Joel Corcoran" }, { "id": "cue-76", "start": 522.765, "end": 525.404, "text": "We'll all still be trying to help the city of Portland and our communities.", "speaker": "Joel Corcoran" }, { "id": "cue-77", "start": 527.44, "end": 529.64, "text": "We can choose to engage in collaboration.", "speaker": "Joel Corcoran" }, { "id": "cue-78", "start": 530.553, "end": 533.243, "text": "We can share ideas and work together to create good policy.", "speaker": "Joel Corcoran" }, { "id": "cue-79", "start": 534.26, "end": 537.318, "text": "We can demonstrate passionate advocacy without polarization.", "speaker": "Joel Corcoran" }, { "id": "cue-80", "start": 538.587, "end": 540.198, "text": "We can disagree without demonizing.", "speaker": "Joel Corcoran" }, { "id": "cue-81", "start": 541.512, "end": 542.953, "text": "The choices are entirely up to us.", "speaker": "Joel Corcoran" }, { "id": "cue-82", "start": 543.876, "end": 544.977, "text": "Thank you for your time this morning.", "speaker": "Joel Corcoran" }, { "id": "cue-83", "start": 545.738, "end": 546.354, "text": "Thank you very much.", "speaker": "Jamie Dunphy" }, { "id": "cue-84", "start": 549.544, "end": 551.417, "text": "Next up, we have Injured and Pissed Off.", "speaker": "Keelan McClymont" }, { "id": "cue-85", "start": 555.736, "end": 556.042, "text": "Good morning.", "speaker": "Jamie Dunphy" }, { "id": "cue-86", "start": 556.38, "end": 556.88, "text": "Come on up.", "speaker": "Jamie Dunphy" }, { "id": "cue-87", "start": 578.881, "end": 579.511, "text": "Good morning.", "speaker": "Unidentified speaker" }, { "id": "cue-88", "start": 579.931, "end": 582.387, "text": "My name's Injured and Pissed Off.", "speaker": "Unidentified speaker" }, { "id": "cue-89", "start": 582.516, "end": 598.682, "text": "I swear my name is Injured and Pissed Off, and I have a paper here from the state that says that the state pays $19,166 a month that's in dollars.", "speaker": "Unidentified speaker" }, { "id": "cue-90", "start": 601.179, "end": 606.158, "text": "That figures up to $628.39 a day.", "speaker": "Unidentified speaker" }, { "id": "cue-91", "start": 607.272, "end": 613.519, "text": "That's, uh, I figured up what the golden years means.", "speaker": "Unidentified speaker" }, { "id": "cue-92", "start": 613.568, "end": 616.533, "text": "It means that the state pays a lot of money.", "speaker": "Unidentified speaker" }, { "id": "cue-93", "start": 619.706, "end": 621.804, "text": "This has only recently happened.", "speaker": "Unidentified speaker" }, { "id": "cue-94", "start": 622.459, "end": 624.994, "text": "This, this since February 3rd, I'm in a care facility.", "speaker": "Unidentified speaker" }, { "id": "cue-95", "start": 628.534, "end": 636.336, "text": "And I've got to pay $1,375 on top of that, of the $19,166.", "speaker": "Unidentified speaker" }, { "id": "cue-96", "start": 643.345, "end": 647.018, "text": "And there's good ideas and there's bad ideas.", "speaker": "Unidentified speaker" }, { "id": "cue-97", "start": 648.652, "end": 679.946, "text": "And, uh, in 95 days, uh, will be November 15th, And November 15th, 2010, which will practically be 16 years, I had catastrophic injuries, broke my left hip and fractured 2 of my vertebrae in my spinal cord and got mistreated at the hospital.", "speaker": "Unidentified speaker" }, { "id": "cue-98", "start": 681.067, "end": 685.22, "text": "After the hip surgery, ignoring the spinal cord injuries.", "speaker": "Unidentified speaker" }, { "id": "cue-99", "start": 685.349, "end": 690.89, "text": "And maybe that's the reason why the state's having to cough up that much money.", "speaker": "Unidentified speaker" }, { "id": "cue-100", "start": 691.003, "end": 704.745, "text": "But the city and the county and animal control and the Home Forward— it was HAP at the time of the injuries— hasn't paid me even a penny.", "speaker": "Unidentified speaker" }, { "id": "cue-101", "start": 704.858, "end": 707.534, "text": "In fact, even the state hasn't paid me one penny.", "speaker": "Unidentified speaker" }, { "id": "cue-102", "start": 707.648, "end": 708.075, "text": "Thank you.", "speaker": "Unidentified speaker" }, { "id": "cue-103", "start": 709.714, "end": 711.787, "text": "I'm rather disappointed at that.", "speaker": "Unidentified speaker" }, { "id": "cue-104", "start": 711.836, "end": 716.906, "text": "Of course, being injured and pissed off, well, you kind of get used to that kind of stuff.", "speaker": "Unidentified speaker" }, { "id": "cue-105", "start": 720.082, "end": 728.122, "text": "I'll be leaving this paper here for the board clerk, if that's all right.", "speaker": "Unidentified speaker" }, { "id": "cue-106", "start": 729.136, "end": 733.806, "text": "My service animal was a real service animal.", "speaker": "Unidentified speaker" }, { "id": "cue-107", "start": 733.887, "end": 736.972, "text": "It was attacked 7 times in less than 6 years.", "speaker": "Unidentified speaker" }, { "id": "cue-108", "start": 740.308, "end": 759.876, "text": "It's against Oregon law to even interfere with a service animal, but when the city owns the property that you rent at and the state controls your medical appointments and— or the lack of care or anything, well, they couldn't get away with all that, what they were doing, which was nothing.", "speaker": "Unidentified speaker" }, { "id": "cue-109", "start": 762.101, "end": 762.51, "text": "Thank you.", "speaker": "Unidentified speaker" }, { "id": "cue-110", "start": 763.222, "end": 764.488, "text": "Thank you very much for being here this morning.", "speaker": "Jamie Dunphy" }, { "id": "cue-111", "start": 767.2, "end": 769.423, "text": "Next up, we have John Rosa-Pepp.", "speaker": "Keelan McClymont" }, { "id": "cue-112", "start": 771.759, "end": 773.317, "text": "Can I hand it?", "speaker": "Keelan McClymont" }, { "id": "cue-113", "start": 773.463, "end": 773.836, "text": "Of course.", "speaker": "Keelan McClymont" }, { "id": "cue-114", "start": 776.229, "end": 777.65, "text": "Thank you.", "speaker": "Keelan McClymont" }, { "id": "cue-115", "start": 783.012, "end": 783.739, "text": "John Rosa-Pepp.", "speaker": "Keelan McClymont" }, { "id": "cue-116", "start": 790.851, "end": 792.865, "text": "Okay, next up we have Lee King.", "speaker": "Keelan McClymont" }, { "id": "cue-117", "start": 803.247, "end": 804.181, "text": "Lee King.", "speaker": "Keelan McClymont" }, { "id": "cue-118", "start": 808.184, "end": 809.984, "text": "That completes communications for today.", "speaker": "Keelan McClymont" }, { "id": "cue-119", "start": 810.373, "end": 814.052, "text": "Okay, thank you, colleagues.", "speaker": "Jamie Dunphy" }, { "id": "cue-120", "start": 814.101, "end": 821.953, "text": "Our third item on our agenda is actually a time certain that starts at 9:45, and so we cannot quite move to that quite yet.", "speaker": "Jamie Dunphy" }, { "id": "cue-121", "start": 824.937, "end": 827.254, "text": "Um, start with some jokes.", "speaker": "Jamie Dunphy" }, { "id": "cue-122", "start": 828.5, "end": 829.988, "text": "That's a full 5 minutes.", "speaker": "Jamie Dunphy" }, { "id": "cue-123", "start": 830.052, "end": 831.071, "text": "I don't think I can actually do that.", "speaker": "Jamie Dunphy" }, { "id": "cue-124", "start": 831.589, "end": 837.686, "text": "Um, colleagues, let's move to item number 5, which is the only non— the next non-time certain item on our agenda.", "speaker": "Jamie Dunphy" }, { "id": "cue-125", "start": 839.534, "end": 840.943, "text": "Item 5, document 2026-01.", "speaker": "Keelan McClymont" }, { "id": "cue-126", "start": 842.745, "end": 851.218, "text": "Direct the Portland Bureau of Transportation to evaluate and implement no turn on red restrictions at signalized intersections within the high crash network.", "speaker": "Keelan McClymont" }, { "id": "cue-127", "start": 851.93, "end": 854.386, "text": "Colleagues, this is the second reading of a non-emergency ordinance.", "speaker": "Jamie Dunphy" }, { "id": "cue-128", "start": 854.467, "end": 857.279, "text": "Is there any further council discussion before we move to a vote?", "speaker": "Jamie Dunphy" }, { "id": "cue-129", "start": 861.418, "end": 863.8, "text": "Seeing no one in the queue, Keelan, can we please call the roll?", "speaker": "Jamie Dunphy" }, { "id": "cue-130", "start": 864.903, "end": 866.134, "text": "Oh, there we go.", "speaker": "Jamie Dunphy" }, { "id": "cue-131", "start": 866.199, "end": 867.658, "text": "People jumped in as soon as I said it.", "speaker": "Jamie Dunphy" }, { "id": "cue-132", "start": 867.739, "end": 867.934, "text": "There we go.", "speaker": "Jamie Dunphy" }, { "id": "cue-133", "start": 867.998, "end": 868.906, "text": "Councilor Smith first.", "speaker": "Jamie Dunphy" }, { "id": "cue-134", "start": 869.788, "end": 870.109, "text": "Thank you.", "speaker": "Loretta Smith" }, { "id": "cue-135", "start": 870.462, "end": 871.715, "text": "Thank you, Mr.", "speaker": "Loretta Smith" }, { "id": "cue-136", "start": 871.795, "end": 871.988, "text": "Chair.", "speaker": "Loretta Smith" }, { "id": "cue-137", "start": 872.437, "end": 881.815, "text": "Um, just wanted to say we read this last week and it's a very important ordinance that will save lives in the city of Portland.", "speaker": "Loretta Smith" }, { "id": "cue-138", "start": 882.794, "end": 898.008, "text": "And I want to make note that this is a pilot that's going to be piloted in specific areas in the, um, high crash corridor and It is going to cost about $800,000.", "speaker": "Loretta Smith" }, { "id": "cue-139", "start": 898.553, "end": 905.394, "text": "So I think today we take a, a long overdue step to fulfill our promise to the people of Portland.", "speaker": "Loretta Smith" }, { "id": "cue-140", "start": 906.467, "end": 919.092, "text": "I believe far too long our street design has prioritized moving cars through intersections as fast as possible rather than ensuring our neighbors reach their destinations safely.", "speaker": "Loretta Smith" }, { "id": "cue-141", "start": 920.021, "end": 927.73, "text": "So for far too long, we have placed haphazard motorist convenience over the elderly and pedestrian safety.", "speaker": "Loretta Smith" }, { "id": "cue-142", "start": 929.172, "end": 935.149, "text": "The numbers do not lie, and neither do the stories of the families in District 1.", "speaker": "Loretta Smith" }, { "id": "cue-143", "start": 937.27, "end": 941.844, "text": "In District 1, we've lost to date 11 lives.", "speaker": "Loretta Smith" }, { "id": "cue-144", "start": 942.279, "end": 942.94, "text": "District 2—.", "speaker": "Loretta Smith" }, { "id": "cue-145", "start": 943.166, "end": 944.31, "text": "No!", "speaker": "Loretta Smith" }, { "id": "cue-146", "start": 944.842, "end": 946.922, "text": "They have lost 5 lives.", "speaker": "Loretta Smith" }, { "id": "cue-147", "start": 948.2, "end": 960.947, "text": "In District 4, they have also, um, Have lost 5 lives, and in District 3, there are 7 more lives that will not be here in the city of Portland.", "speaker": "Loretta Smith" }, { "id": "cue-148", "start": 961.702, "end": 969.718, "text": "We know that when a driver looks left for an opening in traffic, their eyes leave the crosswalk on the right— on their right.", "speaker": "Loretta Smith" }, { "id": "cue-149", "start": 970.521, "end": 978.842, "text": "In that split second, we risk the life of a child walking to school, a neighbor in a wheelchair, or a commuter on a bike.", "speaker": "Loretta Smith" }, { "id": "cue-150", "start": 978.971, "end": 979.115, "text": "Thank you.", "speaker": "Loretta Smith" }, { "id": "cue-151", "start": 979.677, "end": 981.026, "text": "Something has to be done.", "speaker": "Loretta Smith" }, { "id": "cue-152", "start": 981.78, "end": 987.608, "text": "The No Turn on Red ordinance is our best response, and I think it's one of our best responses.", "speaker": "Loretta Smith" }, { "id": "cue-153", "start": 988.346, "end": 990.417, "text": "It changes the default setting.", "speaker": "Loretta Smith" }, { "id": "cue-154", "start": 991.091, "end": 998.669, "text": "It establishes a fundamental truth in our city code that pedestrian life is non-negotiable.", "speaker": "Loretta Smith" }, { "id": "cue-155", "start": 999.744, "end": 1002.859, "text": "This policy is also an issue of equity.", "speaker": "Loretta Smith" }, { "id": "cue-156", "start": 1003.758, "end": 1026.761, "text": "Our mobility-impaired residents and elderly community members deserve the confidence that when they walk to a signal that turns white, the crosswalk is truly theirs because we know that no turn on red signage reduces all crashes by 9% and decreases pedestrian and bicycle crashes by 41%.", "speaker": "Loretta Smith" }, { "id": "cue-157", "start": 1028.253, "end": 1033.289, "text": "Safety should not depend on how fast you can stop off of a curb.", "speaker": "Loretta Smith" }, { "id": "cue-158", "start": 1033.914, "end": 1048.237, "text": "I want to extend my deepest gratitude to the advocates who brought their lived experiences To the chamber, to PBOT staff, and for their leadership, and to each of you for recognizing that leadership requires action.", "speaker": "Loretta Smith" }, { "id": "cue-159", "start": 1048.944, "end": 1063.338, "text": "And I am proud to be able to cast a vote for this ordinance in, in the affirmative on the ordinance today for safer, more walkable, and more human Portland roads.", "speaker": "Loretta Smith" }, { "id": "cue-160", "start": 1063.483, "end": 1078.626, "text": "I also want to thank Oregon Walks, and Verde for all their help in making sure that we had language that would be acceptable in the community and that it would help to save lives today.", "speaker": "Loretta Smith" }, { "id": "cue-161", "start": 1079.429, "end": 1079.83, "text": "Thank you.", "speaker": "Loretta Smith" }, { "id": "cue-162", "start": 1080.393, "end": 1081.164, "text": "Thank you, Councilor Smith.", "speaker": "Jamie Dunphy" }, { "id": "cue-163", "start": 1081.437, "end": 1082.015, "text": "Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-164", "start": 1083.831, "end": 1084.715, "text": "Thank you, Mr. President.", "speaker": "Steve Novick" }, { "id": "cue-165", "start": 1084.875, "end": 1094.823, "text": "I feel kind of silly making this mundane point after Councilor Smith's eloquent speech, but I just did want to point out that this is a pilot that could have— this is not banning right turn on red throughout the city.", "speaker": "Steve Novick" }, { "id": "cue-166", "start": 1095.419, "end": 1102.368, "text": "This is something that could add 30 no-turn-on-red intersections, adding to the 200 that we already have.", "speaker": "Steve Novick" }, { "id": "cue-167", "start": 1103.613, "end": 1104.404, "text": "Thank you, Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-168", "start": 1104.985, "end": 1106.245, "text": "Councilor Koyama Lane.", "speaker": "Jamie Dunphy" }, { "id": "cue-169", "start": 1108.456, "end": 1108.909, "text": "Thank you.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-170", "start": 1109.102, "end": 1122.436, "text": "I just want to say thank you again to my colleagues, especially Councilor Smith, and to the staff at PBOT, to Director Williams, to Dana Dickman, for all your support with this and with Vision Zero.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-171", "start": 1122.582, "end": 1124.534, "text": "And thank you to the community groups.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-172", "start": 1124.812, "end": 1131.374, "text": "Thank you, Councilor Smith, that you were willing to open your door and really hear them.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-173", "start": 1131.791, "end": 1134.968, "text": "Oregon Walks, Verde, BikeCloud, Families for Safe Streets.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-174", "start": 1136.428, "end": 1137.839, "text": "This is important work.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-175", "start": 1137.887, "end": 1142.717, "text": "It's really hard work, but it's heart work, and it takes a long time, but it's worth it.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-176", "start": 1142.781, "end": 1147.85, "text": "And I'm very proud to vote aye and hope that the rest of my colleagues join me in that.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-177", "start": 1148.476, "end": 1149.519, "text": "Thank you, Councilor Koyama Lane.", "speaker": "Jamie Dunphy" }, { "id": "cue-178", "start": 1149.824, "end": 1150.369, "text": "Councilor Ryan.", "speaker": "Jamie Dunphy" }, { "id": "cue-179", "start": 1150.562, "end": 1153.583, "text": "Yes, thank you, Council President, and thank you, co-sponsors.", "speaker": "Dan Ryan" }, { "id": "cue-180", "start": 1154.257, "end": 1161.873, "text": "I have to admit, Councilor Smith, I went into your office yesterday and, um, I for some reason have had so many random people say you can't pass that.", "speaker": "Dan Ryan" }, { "id": "cue-181", "start": 1162.371, "end": 1167.834, "text": "But I, I, like them, at first thought it was universal throughout the whole city on every stop sign, right?", "speaker": "Dan Ryan" }, { "id": "cue-182", "start": 1168.059, "end": 1177.682, "text": "And A, that wouldn't be very realistic, and B, it wouldn't be too popular if it was every stop sign throughout the city when you're in an area that's quiet and there's no one around.", "speaker": "Dan Ryan" }, { "id": "cue-183", "start": 1177.97, "end": 1188.75, "text": "And then when you targeted it on high crash corridors, when you had data that said these are the intersections where we're having the most pedestrian incidents, I was all in.", "speaker": "Dan Ryan" }, { "id": "cue-184", "start": 1189.263, "end": 1196.497, "text": "So I appreciate the fact that you all edited this and made it a targeted use of pedestrian safety.", "speaker": "Dan Ryan" }, { "id": "cue-185", "start": 1197.107, "end": 1198.695, "text": "And I'm, I'm in.", "speaker": "Dan Ryan" }, { "id": "cue-186", "start": 1198.984, "end": 1199.465, "text": "So thank you.", "speaker": "Dan Ryan" }, { "id": "cue-187", "start": 1199.529, "end": 1201.983, "text": "I do look forward to the findings.", "speaker": "Dan Ryan" }, { "id": "cue-188", "start": 1202.096, "end": 1204.021, "text": "And so I hope that we have reports on the data.", "speaker": "Dan Ryan" }, { "id": "cue-189", "start": 1204.069, "end": 1204.245, "text": "Thank you.", "speaker": "Dan Ryan" }, { "id": "cue-190", "start": 1204.728, "end": 1211.678, "text": "Um, that shows the impact of this, and so that we continue to make our decisions based on that type of information called data.", "speaker": "Dan Ryan" }, { "id": "cue-191", "start": 1212.13, "end": 1212.981, "text": "Thanks.", "speaker": "Dan Ryan" }, { "id": "cue-192", "start": 1213.637, "end": 1214.341, "text": "Thank you, Councilor Ryan.", "speaker": "Jamie Dunphy" }, { "id": "cue-193", "start": 1220.265, "end": 1222.468, "text": "Seeing no one else in the queue, Keelan, can we please call the roll?", "speaker": "Jamie Dunphy" }, { "id": "cue-194", "start": 1225.29, "end": 1225.694, "text": "Koyama Lane?", "speaker": "Keelan McClymont" }, { "id": "cue-195", "start": 1226.116, "end": 1226.164, "text": "Aye.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-196", "start": 1226.942, "end": 1227.33, "text": "Murillo?", "speaker": "Keelan McClymont" }, { "id": "cue-197", "start": 1227.816, "end": 1227.865, "text": "Aye.", "speaker": "Angelita Morillo" }, { "id": "cue-198", "start": 1228.399, "end": 1228.739, "text": "Novick?", "speaker": "Keelan McClymont" }, { "id": "cue-199", "start": 1229.112, "end": 1229.161, "text": "Aye.", "speaker": "Steve Novick" }, { "id": "cue-200", "start": 1229.533, "end": 1230.084, "text": "Clark?", "speaker": "Keelan McClymont" }, { "id": "cue-201", "start": 1232.135, "end": 1232.216, "text": "Aye.", "speaker": "Olivia Clark" }, { "id": "cue-202", "start": 1234.809, "end": 1234.971, "text": "Aye.", "speaker": "Eric Zimmerman" }, { "id": "cue-203", "start": 1237.887, "end": 1237.936, "text": "Aye.", "speaker": "Loretta Smith" }, { "id": "cue-204", "start": 1239.829, "end": 1239.91, "text": "Aye.", "speaker": "Mitch Green" }, { "id": "cue-205", "start": 1243.647, "end": 1245.718, "text": "The ordinance passes with 12 aye votes.", "speaker": "Keelan McClymont" }, { "id": "cue-206", "start": 1247.531, "end": 1248.712, "text": "Congratulations, colleagues.", "speaker": "Jamie Dunphy" }, { "id": "cue-207", "start": 1249.068, "end": 1249.391, "text": "Thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-208", "start": 1249.715, "end": 1251.802, "text": "Can we please call item number 3?", "speaker": "Jamie Dunphy" }, { "id": "cue-209", "start": 1254.01, "end": 1272.74, "text": "Document 2026-242, amend the comprehensive plan map and zoning map for a vacant lot on Northwest 31st Avenue, described as Willamette Heights Addition, Block 18, Lot 14, at the request of Portland Parks and Recreation, LU26-007966-CPZC.", "speaker": "Keelan McClymont" }, { "id": "cue-210", "start": 1274.608, "end": 1280.42, "text": "Colleagues, this is our official second reading, though I think we've heard this a dozen times at this point.", "speaker": "Jamie Dunphy" }, { "id": "cue-211", "start": 1280.96, "end": 1285.194, "text": "Uh, is there any further discussion on this hopefully final reading of this item?", "speaker": "Jamie Dunphy" }, { "id": "cue-212", "start": 1290.876, "end": 1293.345, "text": "Seeing no one in the queue, Keelan, can we call the roll?", "speaker": "Jamie Dunphy" }, { "id": "cue-213", "start": 1294.146, "end": 1294.675, "text": "Koyama Lane?", "speaker": "Keelan McClymont" }, { "id": "cue-214", "start": 1295.653, "end": 1295.701, "text": "Aye.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-215", "start": 1296.31, "end": 1296.695, "text": "Murillo?", "speaker": "Keelan McClymont" }, { "id": "cue-216", "start": 1297.096, "end": 1297.144, "text": "Aye.", "speaker": "Angelita Morillo" }, { "id": "cue-217", "start": 1297.513, "end": 1297.849, "text": "Novick?", "speaker": "Keelan McClymont" }, { "id": "cue-218", "start": 1298.298, "end": 1298.346, "text": "Aye.", "speaker": "Steve Novick" }, { "id": "cue-219", "start": 1298.699, "end": 1299.019, "text": "Clark?", "speaker": "Keelan McClymont" }, { "id": "cue-220", "start": 1299.26, "end": 1299.292, "text": "Aye.", "speaker": "Olivia Clark" }, { "id": "cue-221", "start": 1299.597, "end": 1299.805, "text": "Green?", "speaker": "Keelan McClymont" }, { "id": "cue-222", "start": 1300.622, "end": 1300.671, "text": "Aye.", "speaker": "Mitch Green" }, { "id": "cue-223", "start": 1301.103, "end": 1301.424, "text": "Zimmerman?", "speaker": "Keelan McClymont" }, { "id": "cue-224", "start": 1301.825, "end": 1301.873, "text": "Aye.", "speaker": "Eric Zimmerman" }, { "id": "cue-225", "start": 1302.241, "end": 1302.53, "text": "Avalos?", "speaker": "Keelan McClymont" }, { "id": "cue-226", "start": 1303.027, "end": 1303.075, "text": "Aye.", "speaker": "Candace Avalos" }, { "id": "cue-227", "start": 1303.299, "end": 1303.732, "text": "Smith?", "speaker": "Keelan McClymont" }, { "id": "cue-228", "start": 1304.149, "end": 1304.197, "text": "Aye.", "speaker": "Loretta Smith" }, { "id": "cue-229", "start": 1304.582, "end": 1304.983, "text": "Kanal?", "speaker": "Keelan McClymont" }, { "id": "cue-230", "start": 1305.351, "end": 1305.383, "text": "Aye.", "speaker": "Sameer Kanal" }, { "id": "cue-231", "start": 1305.768, "end": 1306.153, "text": "Pirtle-Guiney?", "speaker": "Keelan McClymont" }, { "id": "cue-232", "start": 1307.355, "end": 1307.499, "text": "Aye.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-233", "start": 1307.868, "end": 1308.124, "text": "Ryan?", "speaker": "Keelan McClymont" }, { "id": "cue-234", "start": 1308.397, "end": 1308.445, "text": "Aye.", "speaker": "Dan Ryan" }, { "id": "cue-235", "start": 1309.054, "end": 1309.375, "text": "Dunphy?", "speaker": "Keelan McClymont" }, { "id": "cue-236", "start": 1309.92, "end": 1309.968, "text": "Aye.", "speaker": "Jamie Dunphy" }, { "id": "cue-237", "start": 1310.577, "end": 1313.029, "text": "The ordinance passes with a vote of 12 ayes.", "speaker": "Keelan McClymont" }, { "id": "cue-238", "start": 1314.49, "end": 1320.587, "text": "Okay, our next item is also listed as a time certain at 9:50.", "speaker": "Jamie Dunphy" }, { "id": "cue-239", "start": 1321.33, "end": 1322.299, "text": "It is 9:48.", "speaker": "Jamie Dunphy" }, { "id": "cue-240", "start": 1322.864, "end": 1323.897, "text": "We're going to wait 90 seconds.", "speaker": "Jamie Dunphy" }, { "id": "cue-241", "start": 1330.208, "end": 1335.719, "text": "Did I tell my joke about the caveman and the bear?", "speaker": "Jamie Dunphy" }, { "id": "cue-242", "start": 1336.555, "end": 1336.732, "text": "Yeah.", "speaker": "Jamie Dunphy" }, { "id": "cue-243", "start": 1336.812, "end": 1337.792, "text": "Okay, I told that one.", "speaker": "Jamie Dunphy" }, { "id": "cue-244", "start": 1337.872, "end": 1338.274, "text": "It's yours.", "speaker": "Jamie Dunphy" }, { "id": "cue-245", "start": 1338.338, "end": 1338.949, "text": "Time's certain.", "speaker": "Jamie Dunphy" }, { "id": "cue-246", "start": 1339.81, "end": 1344.172, "text": "Council President, I would invite people to the National Night Out at Hillsdale tonight.", "speaker": "Eric Zimmerman" }, { "id": "cue-247", "start": 1344.717, "end": 1345.406, "text": "Have a great time.", "speaker": "Eric Zimmerman" }, { "id": "cue-248", "start": 1345.711, "end": 1346.978, "text": "National Night Out is a great event.", "speaker": "Eric Zimmerman" }, { "id": "cue-249", "start": 1347.058, "end": 1348.101, "text": "I've been to a couple this year.", "speaker": "Eric Zimmerman" }, { "id": "cue-250", "start": 1348.181, "end": 1348.903, "text": "Looking forward to it.", "speaker": "Eric Zimmerman" }, { "id": "cue-251", "start": 1349.143, "end": 1352.447, "text": "If you're able to come out or go to one in your neighborhood, they're on different nights sometimes.", "speaker": "Eric Zimmerman" }, { "id": "cue-252", "start": 1352.671, "end": 1356.135, "text": "You should look it up because they can be a great connection to people you haven't seen in a while.", "speaker": "Eric Zimmerman" }, { "id": "cue-253", "start": 1357.162, "end": 1362.502, "text": "Post-COVID, pro-social activity outside, away from your screens and off your couch is a good thing.", "speaker": "Eric Zimmerman" }, { "id": "cue-254", "start": 1363.272, "end": 1363.913, "text": "Stop.", "speaker": "Keelan McClymont" }, { "id": "cue-255", "start": 1364.202, "end": 1365.677, "text": "That doesn't sound like a joke, Eric.", "speaker": "Angelita Morillo" }, { "id": "cue-256", "start": 1366.525, "end": 1368.223, "text": "Thank you, Councilor.", "speaker": "Jamie Dunphy" }, { "id": "cue-257", "start": 1368.304, "end": 1378.025, "text": "Mr. President, Councilor, I fear I need to say that I think that Councilor Green should have declared a conflict in the last item because as green, he obviously is biased against red.", "speaker": "Steve Novick" }, { "id": "cue-258", "start": 1378.78, "end": 1380.515, "text": "That's a good one.", "speaker": "Angelita Morillo" }, { "id": "cue-259", "start": 1381.528, "end": 1386.493, "text": "All right, that just shows you I'm willing to overcome my own personal biases in the interest of the city as a whole.", "speaker": "Mitch Green" }, { "id": "cue-260", "start": 1387.099, "end": 1389.048, "text": "Council President, can we go to the administrative report?", "speaker": "Dan Ryan" }, { "id": "cue-261", "start": 1390.51, "end": 1392.383, "text": "Unfortunately, we, we listed the time that is a time certain.", "speaker": "Jamie Dunphy" }, { "id": "cue-262", "start": 1392.577, "end": 1393.142, "text": "Oh, we did?", "speaker": "Jamie Dunphy" }, { "id": "cue-263", "start": 1393.222, "end": 1394.175, "text": "Yeah, that's my bad.", "speaker": "Jamie Dunphy" }, { "id": "cue-264", "start": 1394.433, "end": 1395.063, "text": "Oh, okay, got it.", "speaker": "Jamie Dunphy" }, { "id": "cue-265", "start": 1396.93, "end": 1397.434, "text": "This is good.", "speaker": "Angelita Morillo" }, { "id": "cue-266", "start": 1397.515, "end": 1397.938, "text": "This is looking close.", "speaker": "Olivia Clark" }, { "id": "cue-267", "start": 1398.165, "end": 1399.628, "text": "Honestly, I appreciate the levity, folks.", "speaker": "Jamie Dunphy" }, { "id": "cue-268", "start": 1399.71, "end": 1403.758, "text": "This is a, uh, this is still a fun place to work sometimes.", "speaker": "Jamie Dunphy" }, { "id": "cue-269", "start": 1406.485, "end": 1409.257, "text": "All right, um, that's close enough.", "speaker": "Jamie Dunphy" }, { "id": "cue-270", "start": 1409.746, "end": 1410.936, "text": "Keelan, can we call item number 4, please?", "speaker": "Jamie Dunphy" }, { "id": "cue-271", "start": 1413.012, "end": 1414.737, "text": "Item 4, document 2026-293.", "speaker": "Keelan McClymont" }, { "id": "cue-272", "start": 1417.306, "end": 1421.253, "text": "August 2026 City Administrator Update.", "speaker": "Keelan McClymont" }, { "id": "cue-273", "start": 1421.958, "end": 1424.349, "text": "Thank you, and thank you everybody for your patience on this.", "speaker": "Jamie Dunphy" }, { "id": "cue-274", "start": 1424.685, "end": 1429.161, "text": "Uh, Mr. Administrator— Mr. City Administrator, it's a full title, I apologize.", "speaker": "Jamie Dunphy" }, { "id": "cue-275", "start": 1429.819, "end": 1430.797, "text": "Raymond, please update us.", "speaker": "Jamie Dunphy" }, { "id": "cue-276", "start": 1431.68, "end": 1434.407, "text": "Thank you, Council President, and good morning to City Council.", "speaker": "Raymond C. Lee" }, { "id": "cue-277", "start": 1434.872, "end": 1438.305, "text": "Uh, the theme of this report this month is creativity.", "speaker": "Raymond C. Lee" }, { "id": "cue-278", "start": 1438.818, "end": 1446.567, "text": "This is opportunity to highlight creative solutions to problems and innovative ways to approach our work that our city employees have done.", "speaker": "Raymond C. Lee" }, { "id": "cue-279", "start": 1447.562, "end": 1461.281, "text": "A few items I wanted to highlight this month on that theme is the Public Environment Management Office has 7 signal wrap installations planned for summer 2026 across all 4 districts.", "speaker": "Raymond C. Lee" }, { "id": "cue-280", "start": 1462.404, "end": 1475.112, "text": "These installations add color and joy to the city sidewalks and proactively address issues of tagging and other damage that occur to signal boxes with a goal of saving money on maintenance costs long-term.", "speaker": "Raymond C. Lee" }, { "id": "cue-281", "start": 1475.257, "end": 1475.449, "text": "Thank you.", "speaker": "Raymond C. Lee" }, { "id": "cue-282", "start": 1476.107, "end": 1480.184, "text": "26-27 Path to Leadership is accepting applications.", "speaker": "Raymond C. Lee" }, { "id": "cue-283", "start": 1480.698, "end": 1489.318, "text": "This is a program to support leadership development for a wide range of folks across the city, and we encourage all interested parties to apply.", "speaker": "Raymond C. Lee" }, { "id": "cue-284", "start": 1490.554, "end": 1508.38, "text": "The Lloyd Holiday, uh, Relocation Grant is a limited-time grant program developed to support Lloyd Center, uh, mall tenants, uh, activate vacant storefronts, and drive foot traffic in the Lloyd Holiday TIF District by providing funding for moving expenses and tenant improvements.", "speaker": "Raymond C. Lee" }, { "id": "cue-285", "start": 1508.925, "end": 1515.273, "text": "Thanks to the Prosper team, city councilors, and mayor's team for quickly standing up this program.", "speaker": "Raymond C. Lee" }, { "id": "cue-286", "start": 1516.139, "end": 1540.111, "text": "Oregon DEQ issued the city a solid waste permit after creative, creative collaboration between BES, PP&D, PBOT Maintenance and Operations, and DEQ and Metro yielded updated operational plans, a new storage location, permitting, uh, solutions, and efficient daily operational, uh, continuity.", "speaker": "Raymond C. Lee" }, { "id": "cue-287", "start": 1541.413, "end": 1551.551, "text": "PBOT is launching a street cleaning pilot, uh, before bringing back local street cleaning citywide, uh, which we are hearing is a big demand from our public.", "speaker": "Raymond C. Lee" }, { "id": "cue-288", "start": 1551.953, "end": 1560.435, "text": "This is in addition to the regular street cleaning of major arterials and collector streets bike lanes and other fall/winter leaf day services.", "speaker": "Raymond C. Lee" }, { "id": "cue-289", "start": 1560.852, "end": 1566.779, "text": "The pilot in Keaton, Cathedral Park, and St. John began this summer.", "speaker": "Raymond C. Lee" }, { "id": "cue-290", "start": 1567.919, "end": 1578.841, "text": "The City of Portland Safe Blocks team alongside our partners across the public safety service areas hosting, like Councilor Zimmerman just mentioned, 4 National Night Out events this summer.", "speaker": "Raymond C. Lee" }, { "id": "cue-291", "start": 1579.242, "end": 1588.328, "text": "The events provide an opportunity for community members and public safety programs to build relationships, Foster trust and strengthen partnerships.", "speaker": "Raymond C. Lee" }, { "id": "cue-292", "start": 1589.113, "end": 1597.755, "text": "I also want to note to council that the behavioral health work session referenced on page 2 has been rescheduled to September 9th.", "speaker": "Raymond C. Lee" }, { "id": "cue-293", "start": 1598.733, "end": 1614.301, "text": "And also, you'll also note that this month the budget note tracker included as Appendix A includes the current fiscal year FY26-27 budget notes as well as updates from last fiscal year as requested.", "speaker": "Raymond C. Lee" }, { "id": "cue-294", "start": 1614.381, "end": 1614.541, "text": "Thank you.", "speaker": "Raymond C. Lee" }, { "id": "cue-295", "start": 1615.347, "end": 1619.268, "text": "And just one update on the ICE facility and the land use.", "speaker": "Raymond C. Lee" }, { "id": "cue-296", "start": 1619.768, "end": 1625.468, "text": "Uh, this is still being, uh, in the court system now, so there's still no new updates on that.", "speaker": "Raymond C. Lee" }, { "id": "cue-297", "start": 1626.148, "end": 1631.795, "text": "I have the DCAs here with me as well to answer any questions or take any feedback that council may have.", "speaker": "Raymond C. Lee" }, { "id": "cue-298", "start": 1632.135, "end": 1632.491, "text": "Thank you.", "speaker": "Raymond C. Lee" }, { "id": "cue-299", "start": 1633.267, "end": 1634.219, "text": "Mr. City Administrator.", "speaker": "Jamie Dunphy" }, { "id": "cue-300", "start": 1634.509, "end": 1636.849, "text": "Councilor Knoll.", "speaker": "Jamie Dunphy" }, { "id": "cue-301", "start": 1637.785, "end": 1638.866, "text": "Thank you, City Administrator.", "speaker": "Sameer Kanal" }, { "id": "cue-302", "start": 1638.93, "end": 1639.802, "text": "Thank you, Council President.", "speaker": "Sameer Kanal" }, { "id": "cue-303", "start": 1639.882, "end": 1646.005, "text": "Um, First, thank you for adding the appendix back with last year's budget notes.", "speaker": "Sameer Kanal" }, { "id": "cue-304", "start": 1646.053, "end": 1648.333, "text": "I'm gonna be following up on a couple specific things in there.", "speaker": "Sameer Kanal" }, { "id": "cue-305", "start": 1649.008, "end": 1653.408, "text": "I wanted to ask if you could give a little bit more specifics on a couple things.", "speaker": "Sameer Kanal" }, { "id": "cue-306", "start": 1654.87, "end": 1666.883, "text": "The 24/7 RV location at North Portland Road being closed and the folks who are in the RVs, it talks about assistance but doesn't really say more.", "speaker": "Sameer Kanal" }, { "id": "cue-307", "start": 1667.489, "end": 1669.716, "text": "What is the city doing to support that transition?", "speaker": "Sameer Kanal" }, { "id": "cue-308", "start": 1673.26, "end": 1679.058, "text": "I know through Portland Solutions, we're looking at how we provide wraparound services in these type of situations.", "speaker": "Raymond C. Lee" }, { "id": "cue-309", "start": 1679.171, "end": 1687.978, "text": "If the person needs aid or assistance with housing or anything of that sort, that's what we've been looking at providing in those type of situations.", "speaker": "Raymond C. Lee" }, { "id": "cue-310", "start": 1688.043, "end": 1700.678, "text": "But I can have Portland Solutions do a more in-depth memo to the council as it relates to the services we are providing and how many people are we interacting with in this, uh, operation.", "speaker": "Raymond C. Lee" }, { "id": "cue-311", "start": 1701.175, "end": 1708.338, "text": "Yeah, I guess, uh, just to put a finer point, just where is someone supposed to go in their RV is the, the real question, um, that I have there.", "speaker": "Sameer Kanal" }, { "id": "cue-312", "start": 1708.739, "end": 1711.431, "text": "I'll follow up with you on, on that.", "speaker": "Raymond C. Lee" }, { "id": "cue-313", "start": 1712.072, "end": 1718.866, "text": "Um, it notes the number of candidates who have opted into small donor elections for the year, 24, which I appreciate the update on.", "speaker": "Sameer Kanal" }, { "id": "cue-314", "start": 1719.523, "end": 1721.623, "text": "Um, but I'm not sure if I should read into that?", "speaker": "Sameer Kanal" }, { "id": "cue-315", "start": 1721.688, "end": 1730.527, "text": "Any concerns or, or, uh, positives around are we still on track for the full, you know, $100K per tier, that all that, there's no nothing to worry about there?", "speaker": "Sameer Kanal" }, { "id": "cue-316", "start": 1731.393, "end": 1737.665, "text": "I haven't heard any concerns from staff as it relates to that, but we can make sure that we follow up on it too as well, make sure.", "speaker": "Raymond C. Lee" }, { "id": "cue-317", "start": 1738.323, "end": 1738.788, "text": "Thanks.", "speaker": "Sameer Kanal" }, { "id": "cue-318", "start": 1739.414, "end": 1747.387, "text": "On the PGE update, um, it says that the city and PGE reached an agreement on the Harborton project.", "speaker": "Sameer Kanal" }, { "id": "cue-319", "start": 1747.66, "end": 1748.829, "text": "I have a 2-part question.", "speaker": "Sameer Kanal" }, { "id": "cue-320", "start": 1749.138, "end": 1753.605, "text": "Were there other parties to the mediation, and were there other parties to the agreement?", "speaker": "Sameer Kanal" }, { "id": "cue-321", "start": 1755.998, "end": 1758.193, "text": "There were other parties in the beginning of it.", "speaker": "Raymond C. Lee" }, { "id": "cue-322", "start": 1758.257, "end": 1769.843, "text": "I think towards the tail end of it, it was, uh, city, uh, negotiating with PGE on as it relates to the overall, uh, agreement that we signed off on that would be coming to council.", "speaker": "Raymond C. Lee" }, { "id": "cue-323", "start": 1771.142, "end": 1772.863, "text": "Okay, okay, so there were others.", "speaker": "Sameer Kanal" }, { "id": "cue-324", "start": 1773.01, "end": 1773.058, "text": "Okay.", "speaker": "Sameer Kanal" }, { "id": "cue-325", "start": 1773.75, "end": 1774.153, "text": "Thanks.", "speaker": "Sameer Kanal" }, { "id": "cue-326", "start": 1774.346, "end": 1777.266, "text": "Appreciate the update on the Lloyd Holiday relocation grant program.", "speaker": "Sameer Kanal" }, { "id": "cue-327", "start": 1777.347, "end": 1785.941, "text": "I'm very appreciative of that, specifically for the idea of keeping folks in that neighborhood and eventually expanding it to others who would like to move into that neighborhood.", "speaker": "Sameer Kanal" }, { "id": "cue-328", "start": 1786.443, "end": 1800.649, "text": "Appreciated the shout out to SafeBlocks, to PPB's partnership with OSP on the drug mission there, the street cleaning pilot in Kenton and Cathedral Park and St. Johns.", "speaker": "Sameer Kanal" }, { "id": "cue-329", "start": 1800.698, "end": 1802.693, "text": "So if you live in those 3 neighborhoods, please look out for that.", "speaker": "Sameer Kanal" }, { "id": "cue-330", "start": 1802.744, "end": 1802.862, "text": "Thank you.", "speaker": "Raymond C. Lee" }, { "id": "cue-331", "start": 1803.447, "end": 1810.402, "text": "Um, in these 2, um, I did want to ask a couple questions on the claims clarifications here.", "speaker": "Sameer Kanal" }, { "id": "cue-332", "start": 1810.755, "end": 1827.827, "text": "Um, on the claims list, there are, uh, when it says defense verdict, that means that we went to court, we chose not to settle, and ultimately the court ruled in, in favor of us, or ruled in favor— because it— I'm noting there's a line here.", "speaker": "Sameer Kanal" }, { "id": "cue-333", "start": 1828.341, "end": 1839.276, "text": "Um, it's on page It alleges— the person alleges that they were injured when PPB officers sprayed him with chemical irritant while filming police activity during protest.", "speaker": "Sameer Kanal" }, { "id": "cue-334", "start": 1839.805, "end": 1842.69, "text": "And it says total incurred $173,000.", "speaker": "Sameer Kanal" }, { "id": "cue-335", "start": 1843.267, "end": 1844.63, "text": "It also says defense verdict.", "speaker": "Sameer Kanal" }, { "id": "cue-336", "start": 1845.351, "end": 1846.762, "text": "Can I get a little clarity on what that—.", "speaker": "Sameer Kanal" }, { "id": "cue-337", "start": 1846.762, "end": 1848.798, "text": "Yeah, I would have to ask legal to weigh in on that.", "speaker": "Raymond C. Lee" }, { "id": "cue-338", "start": 1848.862, "end": 1852.292, "text": "If they— that would have to be a legal interpretation of what that means.", "speaker": "Raymond C. Lee" }, { "id": "cue-339", "start": 1852.966, "end": 1853.126, "text": "Okay.", "speaker": "Sameer Kanal" }, { "id": "cue-340", "start": 1853.751, "end": 1858.4, "text": "I, I guess it implies that the defense won, meaning us, but also we have a cost.", "speaker": "Sameer Kanal" }, { "id": "cue-341", "start": 1858.448, "end": 1861.494, "text": "So I'm just trying to make sure I understand that piece, if that was just our legal interpretation.", "speaker": "Sameer Kanal" }, { "id": "cue-342", "start": 1861.43, "end": 1863.944, "text": "Legal cost or if that— if I'm misinterpreting.", "speaker": "Sameer Kanal" }, { "id": "cue-343", "start": 1865.686, "end": 1871.405, "text": "And similarly, we asked a couple months ago about information on the claims denied piece.", "speaker": "Sameer Kanal" }, { "id": "cue-344", "start": 1872.57, "end": 1882.085, "text": "So for example, a few lines lower down, also on page 36, there's an allegation of PPB officers damaging property with chemical agents when entering to arrest subject.", "speaker": "Sameer Kanal" }, { "id": "cue-345", "start": 1882.15, "end": 1885.959, "text": "That's marked, among many others, as claim denied with zero.", "speaker": "Sameer Kanal" }, { "id": "cue-346", "start": 1886.024, "end": 1895.274, "text": "And I just want to understand, like, what's what's the— what's the next— can't— does that just mean that a person can sue after that but they haven't yet, or what exactly happens in those scenarios?", "speaker": "Sameer Kanal" }, { "id": "cue-347", "start": 1895.694, "end": 1900.526, "text": "Let us follow up with a legal memo to, to you, Councilor, on that to kind of just break that down.", "speaker": "Raymond C. Lee" }, { "id": "cue-348", "start": 1902.807, "end": 1905.169, "text": "Okay, um, great.", "speaker": "Sameer Kanal" }, { "id": "cue-349", "start": 1905.8, "end": 1907.727, "text": "And I think that's everything.", "speaker": "Sameer Kanal" }, { "id": "cue-350", "start": 1907.824, "end": 1910.895, "text": "I'll follow up with you on a couple other things afterwards, but thank you so much.", "speaker": "Sameer Kanal" }, { "id": "cue-351", "start": 1911.577, "end": 1912.715, "text": "Thank you, Councilor Kanal.", "speaker": "Jamie Dunphy" }, { "id": "cue-352", "start": 1913.023, "end": 1913.738, "text": "Councilor Koyama Lane.", "speaker": "Jamie Dunphy" }, { "id": "cue-353", "start": 1914.498, "end": 1916.986, "text": "Thanks, Council President.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-354", "start": 1917.708, "end": 1922.427, "text": "Thank you, City Attorney Lee, for sharing in your report about the Path to Leadership program.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-355", "start": 1922.796, "end": 1934.112, "text": "My office had the opportunity to attend this year's cohort's presentation day, and we're really genuinely impressed by all of the good ideas and projects that came from our staff.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-356", "start": 1934.514, "end": 1937.339, "text": "So the Path to Leadership program is a 9-month program.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-357", "start": 1938.029, "end": 1950.195, "text": "It's a leadership development program for emerging city employee leaders who are not in a manager or supervisor role, and it's designed to build leadership skills, foster collaboration across city bureaus.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-358", "start": 1950.628, "end": 1967.545, "text": "I know that one of my staff on my council team staff was a member of a cohort in the past, and this is a really challenging time where we're navigating a lot of change and reductions, and my team has been so inspired to see many city staff showing up with energy and commitment to make our city services better.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-359", "start": 1967.962, "end": 1979.039, "text": "I know that 2 of the projects, those project teams presented at a recent Chief of Staff's meeting, and those 2 projects were quarterly review and cross-service.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-360", "start": 1979.167, "end": 1992.296, "text": "And both of those ideas around quarterly capital project reviews and cross-service area circles of practice are ones that can actually be implemented with little to no additional expense and could make a really positive impact.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-361", "start": 1992.793, "end": 1994.107, "text": "And so I would— Councilor Loretta Smith.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-362", "start": 1994.476, "end": 2005.709, "text": "Love to plug, if it's possible to schedule a time, Council President, for those teams to have a chance to come present to councilors, or maybe even at Committee of the Whole, whatever the appropriate setting would be.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-363", "start": 2005.789, "end": 2006.911, "text": "I would love to see that.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-364", "start": 2006.975, "end": 2014.17, "text": "I think it's really important to highlight that there's a lot of creativity and innovation amongst our city staff, even as reductions are happening.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-365", "start": 2014.282, "end": 2017.519, "text": "So let me know if there's anything I can offer in support with that.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-366", "start": 2017.888, "end": 2018.144, "text": "Thank you.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-367", "start": 2019.154, "end": 2020.179, "text": "Thank you, Councilor Koyama Lane.", "speaker": "Jamie Dunphy" }, { "id": "cue-368", "start": 2020.982, "end": 2026.403, "text": "Councilor Pirtle-Guiney, before I go to you, our city attorney actually has an answer for Councilor Kanal.", "speaker": "Jamie Dunphy" }, { "id": "cue-369", "start": 2028.007, "end": 2035.326, "text": "And I'm happy to put this into an email or memo if it's easier, but you asked the 2 questions about the claims, and the claims technically come from risk, but I can speak to what they were.", "speaker": "Nancy Thorington" }, { "id": "cue-370", "start": 2035.374, "end": 2042.092, "text": "So the first one was a defense verdict, and you asked about amount incurred, and yes, that would be legal expenses.", "speaker": "Nancy Thorington" }, { "id": "cue-371", "start": 2042.286, "end": 2050.93, "text": "And so looking at that one, just 'cause I know what that case is, The city and the officer won on summary judgment.", "speaker": "Nancy Thorington" }, { "id": "cue-372", "start": 2051.154, "end": 2055.179, "text": "So in federal court, on summary judgment, the judgment was in favor of the city.", "speaker": "Nancy Thorington" }, { "id": "cue-373", "start": 2055.724, "end": 2063.26, "text": "And those were costs incurred both in the city's internal defense, and I believe in that case the officer had outside counsel.", "speaker": "Nancy Thorington" }, { "id": "cue-374", "start": 2063.532, "end": 2066.338, "text": "So, and that would be the total expenses there.", "speaker": "Nancy Thorington" }, { "id": "cue-375", "start": 2066.707, "end": 2069.112, "text": "And RISC could probably give you a more specific breakdown of that.", "speaker": "Nancy Thorington" }, { "id": "cue-376", "start": 2070.074, "end": 2072.415, "text": "And on the claims denied, that's correct.", "speaker": "Nancy Thorington" }, { "id": "cue-377", "start": 2072.463, "end": 2075.125, "text": "So that would be a claim that RISC received a tort claim notice for.", "speaker": "Nancy Thorington" }, { "id": "cue-378", "start": 2075.205, "end": 2075.381, "text": "Okay.", "speaker": "Nancy Thorington" }, { "id": "cue-379", "start": 2075.702, "end": 2079.332, "text": "Denied the claim and then the individual could sue.", "speaker": "Nancy Thorington" }, { "id": "cue-380", "start": 2079.396, "end": 2084.214, "text": "But I'd have to look at any given one, but presumably hasn't sued at this point.", "speaker": "Nancy Thorington" }, { "id": "cue-381", "start": 2084.921, "end": 2086.88, "text": "Yeah, just the 2 I would— I appreciate that.", "speaker": "Sameer Kanal" }, { "id": "cue-382", "start": 2086.961, "end": 2093.288, "text": "The 2 I was looking at were the 2 alleging use of chemical weapons by the Portland Police Bureau on page 36.", "speaker": "Sameer Kanal" }, { "id": "cue-383", "start": 2094.316, "end": 2099.44, "text": "Just to clarify that first one, that's the one that summary judgment was granted based on qualified immunity?", "speaker": "Sameer Kanal" }, { "id": "cue-384", "start": 2102.267, "end": 2106.083, "text": "We got summary judgment on the one that you asked about.", "speaker": "Nancy Thorington" }, { "id": "cue-385", "start": 2106.453, "end": 2113.491, "text": "I believe the officer got summary judgment on qualified immunity and the city won summary judgment with respect to the Monell claim that was raised.", "speaker": "Nancy Thorington" }, { "id": "cue-386", "start": 2113.555, "end": 2115.972, "text": "Yes, there were 2 claims raised in that case.", "speaker": "Nancy Thorington" }, { "id": "cue-387", "start": 2116.213, "end": 2116.697, "text": "Monell claim.", "speaker": "Sameer Kanal" }, { "id": "cue-388", "start": 2116.842, "end": 2117.148, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-389", "start": 2120.29, "end": 2126.365, "text": "And I don't have a specific, we can kind of get a specific one on chemical agents.", "speaker": "Nancy Thorington" }, { "id": "cue-390", "start": 2127.957, "end": 2135.46, "text": "And the claim denied there, I'd have to follow up with risk 'cause that would've never come to our office yet on what kind of where it is in the process.", "speaker": "Nancy Thorington" }, { "id": "cue-391", "start": 2135.524, "end": 2140.826, "text": "But given the claim date, it probably was just a claim denied and they could sue at some point.", "speaker": "Nancy Thorington" }, { "id": "cue-392", "start": 2141.533, "end": 2141.726, "text": "Thank you.", "speaker": "Steve Novick" }, { "id": "cue-393", "start": 2142.593, "end": 2143.3, "text": "Thank you, Councilor Knoll.", "speaker": "Jamie Dunphy" }, { "id": "cue-394", "start": 2143.477, "end": 2144.505, "text": "Councilor Pirtle-Guiney, thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-395", "start": 2145.405, "end": 2147.863, "text": "Thank you, Council President, Mr. City Administrator.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-396", "start": 2149.341, "end": 2166.267, "text": "In one of the staff shoutouts, you all had a shoutout to our, Immigration Officer Brenda and the work that she did with one of my team members, Faisal Usman, to put on a forum to help people in our community understand what their rights were.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-397", "start": 2166.363, "end": 2171.694, "text": "I want to thank you for including him in that shout out and also thank the administration for putting those forums on.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-398", "start": 2171.822, "end": 2182.913, "text": "I know that was, I believe, the second of 4 or 5 that you all are doing with different communities to make sure that people within our city know what resources they have available.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-399", "start": 2183.602, "end": 2191.763, "text": "And I think that's a huge part of the work to make sure that everybody not only is welcome in our community but is safe in our community.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-400", "start": 2192.019, "end": 2198.593, "text": "And it's a piece of the work that happens behind the scenes, not at this dais, so people outside of those communities don't always hear about it.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-401", "start": 2199.25, "end": 2204.06, "text": "I think it's important to elevate that, so I appreciate you including it in your report this month.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-402", "start": 2205.422, "end": 2206.433, "text": "Thank you, Councilor Pirtle-Guiney.", "speaker": "Jamie Dunphy" }, { "id": "cue-403", "start": 2206.609, "end": 2212.898, "text": "And, uh, Councilor Koyama Lane, uh, your idea of getting a presentation of those leadership cohort, uh, proposals is a great one.", "speaker": "Jamie Dunphy" }, { "id": "cue-404", "start": 2212.995, "end": 2214.78, "text": "My office is going to work to figure out how to make that happen.", "speaker": "Jamie Dunphy" }, { "id": "cue-405", "start": 2216.94, "end": 2219.758, "text": "Colleagues, any further questions for our city administrator about his monthly report?", "speaker": "Jamie Dunphy" }, { "id": "cue-406", "start": 2223.486, "end": 2224.234, "text": "Thank you very much.", "speaker": "Jamie Dunphy" }, { "id": "cue-407", "start": 2224.934, "end": 2226.642, "text": "Can we please call item number 6?", "speaker": "Jamie Dunphy" }, { "id": "cue-408", "start": 2227.74, "end": 2246.572, "text": "Document 2026-280, authorize a non-binding term sheet with Rip City Management LLC and Trailblazers Holdings LLC outlining the terms Vermoda Center arena renovation operating and lease agreements that will keep the Portland Trail Blazers playing in Portland for at least 20 more years.", "speaker": "Keelan McClymont" }, { "id": "cue-409", "start": 2247.552, "end": 2248.066, "text": "Thank you, Keelan.", "speaker": "Jamie Dunphy" }, { "id": "cue-410", "start": 2248.13, "end": 2250.539, "text": "Colleagues, we are here at last on August 12th.", "speaker": "Jamie Dunphy" }, { "id": "cue-411", "start": 2250.861, "end": 2258.731, "text": "We have before us a draft term sheet and a package of amendments carefully put together by our professional negotiators in response to council's input.", "speaker": "Jamie Dunphy" }, { "id": "cue-412", "start": 2259.855, "end": 2263.935, "text": "I appreciate how these amendments are responsive to so many of the different amendments proposed last week.", "speaker": "Jamie Dunphy" }, { "id": "cue-413", "start": 2264.112, "end": 2268.25, "text": "In a form that our negotiators agree empowers them as they move through this process.", "speaker": "Jamie Dunphy" }, { "id": "cue-414", "start": 2269.389, "end": 2275.756, "text": "We are in a position to move this resolution forward with adjustments that have been authored by and have the full support of our negotiating team.", "speaker": "Jamie Dunphy" }, { "id": "cue-415", "start": 2276.382, "end": 2281.883, "text": "They're responsive to City Council deliberations and maintain a market-rate deal that reflects Portland values.", "speaker": "Jamie Dunphy" }, { "id": "cue-416", "start": 2282.477, "end": 2287.128, "text": "It has been said many times, but it bears repeating, that this term sheet process is unique.", "speaker": "Jamie Dunphy" }, { "id": "cue-417", "start": 2288.476, "end": 2301.447, "text": "Usually a legislative body steps in to review terms that have already been discussed and approved our sports team, the Portland Trail Blazers, have yet to officially negotiate on the proposed terms.", "speaker": "Jamie Dunphy" }, { "id": "cue-418", "start": 2302.2, "end": 2307.939, "text": "And so this sheet is both a carefully measured proposal and our first offer to our negotiating partners.", "speaker": "Jamie Dunphy" }, { "id": "cue-419", "start": 2309.317, "end": 2314.303, "text": "As this is its own beginning, I would like to quickly review the recent steps that we have taken to arrive here.", "speaker": "Jamie Dunphy" }, { "id": "cue-420", "start": 2315.746, "end": 2318.535, "text": "2 weeks ago, council considered a draft term sheet in a work session.", "speaker": "Jamie Dunphy" }, { "id": "cue-421", "start": 2318.583, "end": 2318.775, "text": "Thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-422", "start": 2319.516, "end": 2323.923, "text": "That hearing marked the first public engagement in this negotiation by our partners, the Blazers.", "speaker": "Jamie Dunphy" }, { "id": "cue-423", "start": 2324.665, "end": 2328.693, "text": "We heard them affirm a commitment to the city and heard their feedback on draft terms.", "speaker": "Jamie Dunphy" }, { "id": "cue-424", "start": 2329.612, "end": 2339.147, "text": "We then worked through the draft term sheet together, learning with the public about what the document actually says and would do.", "speaker": "Jamie Dunphy" }, { "id": "cue-425", "start": 2341.833, "end": 2346.659, "text": "Then last Wednesday, council returned and heard testimony from the public on the same draft terms.", "speaker": "Jamie Dunphy" }, { "id": "cue-426", "start": 2347.685, "end": 2360.498, "text": "We heard a panel of community leaders speaking to the Moda Center, the Rose Quarter, and the Low End, and the terms, and then heard from the community at large, stretching over 3 hours of intelligent, passionate commentary from Portlanders.", "speaker": "Jamie Dunphy" }, { "id": "cue-427", "start": 2361.879, "end": 2364.512, "text": "On Thursday, we finally turned to the legislative process.", "speaker": "Jamie Dunphy" }, { "id": "cue-428", "start": 2365.251, "end": 2372.235, "text": "Our elected representatives brought a range of proposed amendments to the terms that we've been discussing and on which we'd heard so much feedback.", "speaker": "Jamie Dunphy" }, { "id": "cue-429", "start": 2373.439, "end": 2381.639, "text": "At the time, I took a principled position that I was not comfortable voting yes on amendments that had not been touched by our lawyers or our professional negotiating team.", "speaker": "Jamie Dunphy" }, { "id": "cue-430", "start": 2381.736, "end": 2389.84, "text": "And while none of the amendments were adopted that day, we did open and discuss them, and I made a commitment to bringing what had been discussed to our professional team to assess.", "speaker": "Jamie Dunphy" }, { "id": "cue-431", "start": 2390.69, "end": 2399.099, "text": "My ask to the team was this: please take what we can from these concepts and bring back to us a package that you think moves these terms in the right direction.", "speaker": "Jamie Dunphy" }, { "id": "cue-432", "start": 2399.706, "end": 2404.759, "text": "More responsive to Portlanders and a stronger position for our negotiators, all fully lawyer-reviewed.", "speaker": "Jamie Dunphy" }, { "id": "cue-433", "start": 2405.476, "end": 2413.002, "text": "And that package of amendments is before us now, co-sponsored by our full District 2 delegation and crafted with the leadership of our negotiating team.", "speaker": "Jamie Dunphy" }, { "id": "cue-434", "start": 2415.22, "end": 2416.93, "text": "I believe that the amendments—.", "speaker": "Jamie Dunphy" }, { "id": "cue-435", "start": 2416.962, "end": 2418.253, "text": "Is that inside or outside?", "speaker": "Loretta Smith" }, { "id": "cue-436", "start": 2418.301, "end": 2418.559, "text": "It's outside.", "speaker": "Keelan McClymont" }, { "id": "cue-437", "start": 2418.704, "end": 2419.027, "text": "Okay.", "speaker": "Loretta Smith" }, { "id": "cue-438", "start": 2419.43, "end": 2419.672, "text": "Thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-439", "start": 2420.479, "end": 2434.559, "text": "I believe these amendments give a fair and direct representation of the City of Portland's first offer to the Blazers, adopting smart technical amendments, strengthening our commitment to oversight, and including an additional commitment to revenue shared back to the city we all love.", "speaker": "Jamie Dunphy" }, { "id": "cue-440", "start": 2435.475, "end": 2436.985, "text": "Negotiations will continue.", "speaker": "Jamie Dunphy" }, { "id": "cue-441", "start": 2437.724, "end": 2441.227, "text": "I stand by our professional team's assessment that this is a good place to begin.", "speaker": "Jamie Dunphy" }, { "id": "cue-442", "start": 2442.046, "end": 2456.535, "text": "But I— and I do want to acknowledge that some of my colleagues— that while I said to some of my colleagues that while I set an expectation that amendments heard last week should have been reviewed by our negotiating team to earn my support, there was some genuine confusion about what that request meant.", "speaker": "Jamie Dunphy" }, { "id": "cue-443", "start": 2457.161, "end": 2466.217, "text": "And when emotions can run as high as the stakes are for the people, for our people and our city, I offer my thanks to this council for mending our fences and finding a way to continue to move forward together.", "speaker": "Jamie Dunphy" }, { "id": "cue-444", "start": 2467.036, "end": 2475.305, "text": "Today we will open the co-sponsored amendment packages together— Dunphy, Pirtle-Guiney, Ryan, Kanal 1 and 2— discuss and vote on them in that order.", "speaker": "Jamie Dunphy" }, { "id": "cue-445", "start": 2476.092, "end": 2486.774, "text": "And after any other and, and after any other discussion, we will consider and vote on the proposed technical amendments that conforms our team— our terms to conditions approved by our partners at the county last week.", "speaker": "Jamie Dunphy" }, { "id": "cue-446", "start": 2487.513, "end": 2492.3, "text": "We'll close with the day with a vote on the— to adopt the underlying resolution and term sheet.", "speaker": "Jamie Dunphy" }, { "id": "cue-447", "start": 2492.975, "end": 2499.385, "text": "And with that, I will move Dunphy, Pirtle-Guiney, Ryan, Kanal 1 and 2 and ask for a second.", "speaker": "Jamie Dunphy" }, { "id": "cue-448", "start": 2499.481, "end": 2500.895, "text": "Second.", "speaker": "Sameer Kanal" }, { "id": "cue-449", "start": 2501.955, "end": 2504.445, "text": "Councilor Clark, I believe, was slightly ahead there.", "speaker": "Jamie Dunphy" }, { "id": "cue-450", "start": 2505.615, "end": 2505.952, "text": "Second.", "speaker": "Unidentified speaker" }, { "id": "cue-451", "start": 2506.048, "end": 2506.37, "text": "Thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-452", "start": 2506.787, "end": 2514.434, "text": "I'd like to start by recognizing DCA Donnie Oliveira and our negotiating team to help us walk through this amendment package.", "speaker": "Jamie Dunphy" }, { "id": "cue-453", "start": 2514.82, "end": 2520.01, "text": "And at the end of the presentation, we'll recognize co-sponsors for their remarks and enter into discussion.", "speaker": "Jamie Dunphy" }, { "id": "cue-454", "start": 2521.713, "end": 2522.661, "text": "Team, it's all yours.", "speaker": "Jamie Dunphy" }, { "id": "cue-455", "start": 2527.35, "end": 2530.415, "text": "Thank you, Council President, Council Vice President, councilors.", "speaker": "Donnie Oliveira" }, { "id": "cue-456", "start": 2530.609, "end": 2532.029, "text": "My name is Donnie Oliveira, for the record.", "speaker": "Donnie Oliveira" }, { "id": "cue-457", "start": 2532.779, "end": 2534.539, "text": "My colleagues will introduce themselves in a second.", "speaker": "Donnie Oliveira" }, { "id": "cue-458", "start": 2535.137, "end": 2536.008, "text": "Point of order, Mr. President.", "speaker": "Donnie Oliveira" }, { "id": "cue-459", "start": 2536.105, "end": 2538.14, "text": "Can we please have technical turn up the volume?", "speaker": "Eric Zimmerman" }, { "id": "cue-460", "start": 2538.366, "end": 2539.302, "text": "I, I can't hear you, Donnie.", "speaker": "Eric Zimmerman" }, { "id": "cue-461", "start": 2539.48, "end": 2539.996, "text": "Fully understand.", "speaker": "Donnie Oliveira" }, { "id": "cue-462", "start": 2540.11, "end": 2540.304, "text": "Thanks.", "speaker": "Eric Zimmerman" }, { "id": "cue-463", "start": 2542.308, "end": 2548.081, "text": "Adam's going to help us crank as much juice out of this system as we can, and I'll ask our presenters to speak directly into the mic.", "speaker": "Jamie Dunphy" }, { "id": "cue-464", "start": 2549.998, "end": 2550.68, "text": "All right, thank you.", "speaker": "Donnie Oliveira" }, { "id": "cue-465", "start": 2552.207, "end": 2553.085, "text": "You want to go ahead and introduce yourself?", "speaker": "Donnie Oliveira" }, { "id": "cue-466", "start": 2553.89, "end": 2556.247, "text": "Uh, Ken McGare from the City Attorney's Office, for the record.", "speaker": "Ken McGare" }, { "id": "cue-467", "start": 2557.986, "end": 2562.663, "text": "Carl Hirsch, managing partner, Stafford All right, thank you, councilors.", "speaker": "Carl Hirsch" }, { "id": "cue-468", "start": 2562.759, "end": 2563.208, "text": "Thank you, team.", "speaker": "Donnie Oliveira" }, { "id": "cue-469", "start": 2563.913, "end": 2568.239, "text": "So before you is going to be 3 proposed amendment packages.", "speaker": "Donnie Oliveira" }, { "id": "cue-470", "start": 2568.287, "end": 2569.457, "text": "We'll walk through those in a second.", "speaker": "Donnie Oliveira" }, { "id": "cue-471", "start": 2570.05, "end": 2579.231, "text": "I just want to set the stage here just for the public's record that, as Council President alluded to, these are not normal circumstances by which a term sheet would be developed.", "speaker": "Donnie Oliveira" }, { "id": "cue-472", "start": 2579.984, "end": 2594.805, "text": "Ideally, we would have been sitting here in front of you with terms that included details not just on the renovation program but other aspects but a normal term sheet would've included the other side's interests, this being the Blazers.", "speaker": "Donnie Oliveira" }, { "id": "cue-473", "start": 2595.56, "end": 2614.879, "text": "Nonetheless, we're at a position today to ensure that the city's team, now the county's team, and now the state's team understand clearly where we're going, what is the roadmap, and how do we ensure that the deal that we get to keep the Blazers and more specifically to renovate the Moda Center have clear outlines and defined goals.", "speaker": "Donnie Oliveira" }, { "id": "cue-474", "start": 2614.927, "end": 2615.055, "text": "Thank you.", "speaker": "Donnie Oliveira" }, { "id": "cue-475", "start": 2616.899, "end": 2625.461, "text": "Last thing I'll just offer is if the council chooses to adopt the resolution today, which includes the term sheet, our task at hand is clear but still very uncertain.", "speaker": "Donnie Oliveira" }, { "id": "cue-476", "start": 2626.455, "end": 2638.608, "text": "In order for us to come to you all in December with the details you need to make definitive decisions on financing and the renovation, we will need information from the Portland Trail Blazers.", "speaker": "Donnie Oliveira" }, { "id": "cue-477", "start": 2639.201, "end": 2639.41, "text": "With that—.", "speaker": "Donnie Oliveira" }, { "id": "cue-478", "start": 2639.426, "end": 2640.596, "text": "Apologies, point of information.", "speaker": "Candace Avalos" }, { "id": "cue-479", "start": 2640.644, "end": 2641.35, "text": "Can you say again?", "speaker": "Candace Avalos" }, { "id": "cue-480", "start": 2641.446, "end": 2643.081, "text": "I couldn't hear the first part of your sentence.", "speaker": "Candace Avalos" }, { "id": "cue-481", "start": 2643.129, "end": 2643.386, "text": "Sorry.", "speaker": "Ken McGare" }, { "id": "cue-482", "start": 2644.332, "end": 2649.438, "text": "In order for us to come back to you in December, we will need details that we currently do not have.", "speaker": "Donnie Oliveira" }, { "id": "cue-483", "start": 2650.193, "end": 2661.095, "text": "Those details are related to the renovation-specific terms, the renovation plan, and of course, a term sheet that the Blazers will agree to.", "speaker": "Donnie Oliveira" }, { "id": "cue-484", "start": 2661.834, "end": 2667.775, "text": "Nonetheless, we move forward because that's the right move for the City of Portland on behalf, again, of the county and our partners at the state as well.", "speaker": "Donnie Oliveira" }, { "id": "cue-485", "start": 2668.015, "end": 2668.866, "text": "All right, next slide, please.", "speaker": "Donnie Oliveira" }, { "id": "cue-486", "start": 2669.011, "end": 2669.188, "text": "Thank you.", "speaker": "Donnie Oliveira" }, { "id": "cue-487", "start": 2672.884, "end": 2679.637, "text": "Before you is— I'm going to walk through the proposed amendments to the resolution, and these are actual— these are the actual language in the resolution.", "speaker": "Donnie Oliveira" }, { "id": "cue-488", "start": 2680.278, "end": 2684.628, "text": "I'm stating that because when we walk through the term sheet, the way to share it is a little bit more tricky.", "speaker": "Donnie Oliveira" }, { "id": "cue-489", "start": 2686.37, "end": 2694.405, "text": "The resolution amendments before you incorporate changes that we heard from the council and county deliberations last week and prior.", "speaker": "Donnie Oliveira" }, { "id": "cue-490", "start": 2695.392, "end": 2704.894, "text": "The spirit of these resolutions amendments are to tighten up the understanding in your direction for us to understand about how the deal will be made.", "speaker": "Donnie Oliveira" }, { "id": "cue-491", "start": 2705.525, "end": 2709.616, "text": "It'll also emphasize the types of revenues that we're talking about.", "speaker": "Donnie Oliveira" }, { "id": "cue-492", "start": 2710.15, "end": 2716.363, "text": "And we also want to clarify, you know, how the financial decisions come to you all in that next phase.", "speaker": "Donnie Oliveira" }, { "id": "cue-493", "start": 2717.277, "end": 2717.832, "text": "Next slide, please.", "speaker": "Donnie Oliveira" }, { "id": "cue-494", "start": 2720.095, "end": 2722.764, "text": "On these 2 changes, they're the last addition.", "speaker": "Donnie Oliveira" }, { "id": "cue-495", "start": 2723.702, "end": 2732.389, "text": "This continues with the theme of fiscal responsibility and ensuring that we aren't making any commitments before council has an opportunity to review and have input on that.", "speaker": "Donnie Oliveira" }, { "id": "cue-496", "start": 2732.919, "end": 2744.062, "text": "Again, those details will be incumbent on our ability to collect information and work with the Blazers to have those details on what the renovations being— renovations dollars are being spent on.", "speaker": "Donnie Oliveira" }, { "id": "cue-497", "start": 2744.817, "end": 2748.51, "text": "But again, no specific funding sources until those details are outlined.", "speaker": "Donnie Oliveira" }, { "id": "cue-498", "start": 2748.574, "end": 2748.847, "text": "Thank you.", "speaker": "Donnie Oliveira" }, { "id": "cue-499", "start": 2749.939, "end": 2750.485, "text": "Next slide, please.", "speaker": "Donnie Oliveira" }, { "id": "cue-500", "start": 2751.722, "end": 2775.757, "text": "And the last chunk of additions relate to details that you've asked for that we will— are in the term sheet but reinforced here, that we will come back to you all with clarity on the ROI of our financial contributions, everything from the potential revenue streams from the deal as well as the community benefits that we hope to engage the Blazers and our community partners on that are outlined in Exhibit B.", "speaker": "Donnie Oliveira" }, { "id": "cue-501", "start": 2777.042, "end": 2788.629, "text": "The final resolve that's on here just is explicit to say that we will not weaken our position from the bridge agreement, ensures that our, our next lease agreement and terms are consistent in strength to the existing bridge agreement.", "speaker": "Donnie Oliveira" }, { "id": "cue-502", "start": 2789.132, "end": 2794.292, "text": "I'm going to stop there to, to take any questions related just to the resolution amendments.", "speaker": "Donnie Oliveira" }, { "id": "cue-503", "start": 2796.048, "end": 2796.129, "text": "No.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-504", "start": 2796.709, "end": 2797.257, "text": "Okay, thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-505", "start": 2797.595, "end": 2801.269, "text": "Colleagues, any further questions on this portion of the amendment?", "speaker": "Jamie Dunphy" }, { "id": "cue-506", "start": 2802.97, "end": 2803.931, "text": "All right, next.", "speaker": "Jamie Dunphy" }, { "id": "cue-507", "start": 2804.075, "end": 2804.877, "text": "Oh, Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-508", "start": 2805.181, "end": 2807.697, "text": "We're talking just about the resolution, not about the term sheet?", "speaker": "Steve Novick" }, { "id": "cue-509", "start": 2807.761, "end": 2808.082, "text": "Correct.", "speaker": "Jamie Dunphy" }, { "id": "cue-510", "start": 2808.162, "end": 2811.655, "text": "That's what— yes, this amendment just changes the language in the resolution.", "speaker": "Jamie Dunphy" }, { "id": "cue-511", "start": 2811.992, "end": 2834.474, "text": "Yeah, I'll also offer in this moment regarding the resolution, um, there were a lot of discussion last week about, uh, questions that we think are honored and already resolved in the term sheet, and we're happy to answer questions about those related to the joint authorities decision-making authority, its oversight abilities, and its final decision-making on a variety of different aspects.", "speaker": "Donnie Oliveira" }, { "id": "cue-512", "start": 2835.02, "end": 2837.317, "text": "But nonetheless, let's move to the term sheet slide, please.", "speaker": "Donnie Oliveira" }, { "id": "cue-513", "start": 2838.313, "end": 2839.807, "text": "Oh, Councilor Kanal has a— I'm sorry.", "speaker": "Jamie Dunphy" }, { "id": "cue-514", "start": 2840.16, "end": 2842.344, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-515", "start": 2842.955, "end": 2848.593, "text": "This might be a good pivot point anyway, because I think you might have a response that includes the term sheet.", "speaker": "Sameer Kanal" }, { "id": "cue-516", "start": 2848.673, "end": 2859.523, "text": "At the end in the resolution, at the end of page 3 and the beginning of page 4, there is a Whereas clause that is struck and then rewritten, and I would like you to kind of explain what that means.", "speaker": "Sameer Kanal" }, { "id": "cue-517", "start": 2861.36, "end": 2863.275, "text": "What what exactly the change was there?", "speaker": "Sameer Kanal" }, { "id": "cue-518", "start": 2864.515, "end": 2878.815, "text": "It's the one that says that any future ongoing city investments in the Moda Center during the new lease term will be paid for by the actual user fee revenue, and then it replaces it with user fee revenue the city receives from blah blah blah may be explicitly dedicated.", "speaker": "Sameer Kanal" }, { "id": "cue-519", "start": 2879.489, "end": 2889.218, "text": "It seems clear if you just look at that in a vacuum, but given that none of the text related to it in the actual term sheet changed, I want to understand what that change means.", "speaker": "Sameer Kanal" }, { "id": "cue-520", "start": 2889.655, "end": 2891.498, "text": "Thank you for the question, Councilor.", "speaker": "Donnie Oliveira" }, { "id": "cue-521", "start": 2892, "end": 2894.361, "text": "I think there's an opportunity for flexibility there.", "speaker": "Donnie Oliveira" }, { "id": "cue-522", "start": 2895.073, "end": 2898.874, "text": "We're opening ourselves up to options with that versus the will to May.", "speaker": "Donnie Oliveira" }, { "id": "cue-523", "start": 2900.17, "end": 2904.72, "text": "Okay, simply put, the term sheet still says everything it said before.", "speaker": "Sameer Kanal" }, { "id": "cue-524", "start": 2904.785, "end": 2906.128, "text": "There's no change in the user fee portion there.", "speaker": "Sameer Kanal" }, { "id": "cue-525", "start": 2907.859, "end": 2908.195, "text": "Correct.", "speaker": "Unidentified speaker" }, { "id": "cue-526", "start": 2908.356, "end": 2909.959, "text": "That's correct, Councilor.", "speaker": "Unidentified speaker" }, { "id": "cue-527", "start": 2910.023, "end": 2926.23, "text": "And the user— the term sheet actually— I think what you're driving at is the term sheet actually says that the revenues received by the city beyond the amounts that are shown on the Exhibit D, and we've talked about that a few times over the weeks, will not be available for capital projects at the arena.", "speaker": "Unidentified speaker" }, { "id": "cue-528", "start": 2927.448, "end": 2938.766, "text": "So put a finer point on that, or another way of saying that is anything above what we have thank you.", "speaker": "Unidentified speaker" }, { "id": "cue-529", "start": 2942.133, "end": 2947.509, "text": "So I'm looking at the text, just following up on Councilor Knoll's question.", "speaker": "Mitch Green" }, { "id": "cue-530", "start": 2947.574, "end": 2958.854, "text": "So I see that the whereas clause appears to soften that commitment as a sort of, we may spend up to the dollar amounts indeed, but I, I don't see a hard stop.", "speaker": "Mitch Green" }, { "id": "cue-531", "start": 2958.935, "end": 2958.984, "text": "Okay.", "speaker": "Mitch Green" }, { "id": "cue-532", "start": 2959.182, "end": 2965.311, "text": "I don't see anything that amends the financial impact statement that does say that we will spend $275 million.", "speaker": "Mitch Green" }, { "id": "cue-533", "start": 2965.359, "end": 2977.648, "text": "So was that an oversight, or is that— are we still putting in the financial impact statement that the other part of this funding is $275 million pursuant to Exhibit D?", "speaker": "Mitch Green" }, { "id": "cue-534", "start": 2979.06, "end": 2979.638, "text": "Yeah, Councilor.", "speaker": "Donnie Oliveira" }, { "id": "cue-535", "start": 2979.734, "end": 2983.344, "text": "So the commitment of the ongoing and the Exhibit D is still there.", "speaker": "Donnie Oliveira" }, { "id": "cue-536", "start": 2983.954, "end": 2994.531, "text": "I think what What Ken just alluded to is in the event that the user fees go beyond those amounts collected, they were not guaranteed to go right back into the Moda Center.", "speaker": "Donnie Oliveira" }, { "id": "cue-537", "start": 2994.611, "end": 2996.982, "text": "That's the flexibility that I was alluding to as well.", "speaker": "Donnie Oliveira" }, { "id": "cue-538", "start": 2997.607, "end": 3005.059, "text": "It would be the Spectator Venue Fund's discretion on how the number above those dollars amount collected in Exhibit D, or how those are spent.", "speaker": "Donnie Oliveira" }, { "id": "cue-539", "start": 3005.524, "end": 3016.203, "text": "I understand that part, but the change in the red lines in the resolution are talking about the numbers up to that amount and softening it from will to may.", "speaker": "Mitch Green" }, { "id": "cue-540", "start": 3017.235, "end": 3028.695, "text": "And so that's the piece that I'm saying is the financial impact statement speaks to the numbers up to the $275,000, which is not what you're talking about, which is over the $275,000.", "speaker": "Mitch Green" }, { "id": "cue-541", "start": 3032.853, "end": 3041.36, "text": "Well, I mean, at this point, Councilor, I think one way of answering your question is we still don't have a scope and budget from the Trailblazers about the renovation.", "speaker": "Unidentified speaker" }, { "id": "cue-542", "start": 3041.408, "end": 3047.108, "text": "So we don't really have any idea of what that ongoing $275,000 over the 20 years is going to be.", "speaker": "Unidentified speaker" }, { "id": "cue-543", "start": 3048.602, "end": 3052.102, "text": "So we're just trying to provide ourselves flexibility within that.", "speaker": "Unidentified speaker" }, { "id": "cue-544", "start": 3053.017, "end": 3073.15, "text": "I think that, you know, the kind of the discussions that have been ongoing over the last few months have always presumed that $13.75 million annual amount or $275 million total would be put back into the building.", "speaker": "Unidentified speaker" }, { "id": "cue-545", "start": 3073.647, "end": 3083.022, "text": "And this was simply meant to clarify and give us flexibility with regards to any amounts over that at some of the questions from others.", "speaker": "Unidentified speaker" }, { "id": "cue-546", "start": 3084.097, "end": 3084.322, "text": "Okay.", "speaker": "Mitch Green" }, { "id": "cue-547", "start": 3084.418, "end": 3087.548, "text": "And that's just to be clear, that's in addition to the renovation budget?", "speaker": "Mitch Green" }, { "id": "cue-548", "start": 3088.014, "end": 3091.529, "text": "The $275 million is in addition to the renovation budget.", "speaker": "Unidentified speaker" }, { "id": "cue-549", "start": 3092.774, "end": 3093.469, "text": "Thank you, Councilor Green.", "speaker": "Jamie Dunphy" }, { "id": "cue-550", "start": 3093.906, "end": 3095.361, "text": "Councilor Knoll?", "speaker": "Jamie Dunphy" }, { "id": "cue-551", "start": 3096.316, "end": 3098.693, "text": "I'm happy to wait until after.", "speaker": "Sameer Kanal" }, { "id": "cue-552", "start": 3099.243, "end": 3099.471, "text": "Okay.", "speaker": "Jamie Dunphy" }, { "id": "cue-553", "start": 3099.812, "end": 3100.558, "text": "Until after—.", "speaker": "Jamie Dunphy" }, { "id": "cue-554", "start": 3100.688, "end": 3101.322, "text": "Kristen.", "speaker": "Jamie Dunphy" }, { "id": "cue-555", "start": 3101.581, "end": 3103.351, "text": "Yeah, Kristen, go ahead.", "speaker": "Jamie Dunphy" }, { "id": "cue-556", "start": 3107.284, "end": 3108.686, "text": "Thank you, Council President.", "speaker": "Angelita Morillo" }, { "id": "cue-557", "start": 3108.802, "end": 3113.803, "text": "Again, for the record, my name is Kristen Dennis, working temporarily with the city.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-558", "start": 3116.009, "end": 3122.011, "text": "Just to answer the question a little bit more, part of the intent behind changing this language and addressing it this way Yes.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-559", "start": 3122.204, "end": 3135.001, "text": "And the other thing is we heard last week from particularly Councilor Green and Avalos wanting to have some flexibility on which buckets are used for which financial contributions.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-560", "start": 3135.049, "end": 3148.036, "text": "So for instance, this allows potentially spectator funds to be used for that initial $120,000 should the council decide to do that.", "speaker": "Loretta Smith" }, { "id": "cue-561", "start": 3151.393, "end": 3159.623, "text": "Thank you, Kristen.", "speaker": "Jamie Dunphy" }, { "id": "cue-562", "start": 3160.706, "end": 3161.515, "text": "Councilor Knoll.", "speaker": "Jamie Dunphy" }, { "id": "cue-563", "start": 3162.227, "end": 3187.816, "text": "Yeah, just to follow up on Councilor Green's question, um, there were other things that were brought up in the impact statement last time, um, on the— this is on the resolutions still, uh, specifically the second full paragraph, third total I guess, on the financial and budgetary impacts that were raised as, you know, should we be presenting as fact things that are contestable propositions in here?", "speaker": "Sameer Kanal" }, { "id": "cue-564", "start": 3188.747, "end": 3192.357, "text": "Was this discussed or was it just it's in the impact statement so it didn't get to be a part of it?", "speaker": "Sameer Kanal" }, { "id": "cue-565", "start": 3192.534, "end": 3194.331, "text": "Can you describe the process for evaluating that?", "speaker": "Sameer Kanal" }, { "id": "cue-566", "start": 3194.7, "end": 3196.225, "text": "Yeah, thanks for the question, Councilor.", "speaker": "Donnie Oliveira" }, { "id": "cue-567", "start": 3196.449, "end": 3201.006, "text": "Um, in all, in all honesty, we didn't contemplate redrafting the impact statements.", "speaker": "Donnie Oliveira" }, { "id": "cue-568", "start": 3201.054, "end": 3203.094, "text": "We were largely focused on the Term sheet and resolution.", "speaker": "Donnie Oliveira" }, { "id": "cue-569", "start": 3203.511, "end": 3209.698, "text": "It's something that we can, can go back and, and change though, if that's— if there are things you want to strike.", "speaker": "Donnie Oliveira" }, { "id": "cue-570", "start": 3210.019, "end": 3219.227, "text": "I think, I think that 3rd paragraph, at the— at a minimum, noting its contestability for me, but I, I will defer to Councilor Green on what's relevant to him.", "speaker": "Sameer Kanal" }, { "id": "cue-571", "start": 3220.143, "end": 3234.07, "text": "Yeah, I mean, I offered an amendment last week that would have done what we need to do, which would— I mean, the financial and budgetary impact statement, if you look at the drafting Manual for the auditor is not a place to describe potential economic impact analysis.", "speaker": "Mitch Green" }, { "id": "cue-572", "start": 3234.134, "end": 3237.016, "text": "It's to describe very specifically the impact in the city's budget.", "speaker": "Mitch Green" }, { "id": "cue-573", "start": 3237.451, "end": 3239.103, "text": "So all this front matter doesn't belong there.", "speaker": "Mitch Green" }, { "id": "cue-574", "start": 3239.783, "end": 3244.334, "text": "If we want to make a change, you need to go back and look at Green Avalos 1 from last week, which does all that.", "speaker": "Mitch Green" }, { "id": "cue-575", "start": 3244.802, "end": 3245.173, "text": "Thanks.", "speaker": "Mitch Green" }, { "id": "cue-576", "start": 3246.011, "end": 3248.14, "text": "Thank you, councilors.", "speaker": "Jamie Dunphy" }, { "id": "cue-577", "start": 3250.86, "end": 3253.11, "text": "Donnie, want to take us— all right, through the next part?", "speaker": "Jamie Dunphy" }, { "id": "cue-578", "start": 3253.583, "end": 3253.828, "text": "Okay.", "speaker": "Donnie Oliveira" }, { "id": "cue-579", "start": 3254.314, "end": 3255.332, "text": "Let's advance slides, please.", "speaker": "Donnie Oliveira" }, { "id": "cue-580", "start": 3258.097, "end": 3260.926, "text": "People are lined up at the food bank.", "speaker": "Mitch Green" }, { "id": "cue-581", "start": 3261.185, "end": 3268.916, "text": "All right, so for the term sheet, um, review, uh, just given the nature of how the edits landed, they're a little bit more challenging to share on a slide.", "speaker": "Donnie Oliveira" }, { "id": "cue-582", "start": 3269.516, "end": 3274.043, "text": "Um, we're going to walk through the sort of the, the each amendment, just describing its impact.", "speaker": "Donnie Oliveira" }, { "id": "cue-583", "start": 3274.108, "end": 3278.455, "text": "Again, these details came from, um, conversations from you all and as well as the county.", "speaker": "Donnie Oliveira" }, { "id": "cue-584", "start": 3279.325, "end": 3286.869, "text": "Um, so one of the first elements that was added is we added a footnote in the preamble referencing SB 1501 and included that as an exhibit.", "speaker": "Donnie Oliveira" }, { "id": "cue-585", "start": 3287.63, "end": 3294.041, "text": "That was logical given that we did the same maneuver with the county's resolution as well.", "speaker": "Donnie Oliveira" }, { "id": "cue-586", "start": 3294.973, "end": 3302.439, "text": "We also strengthened language related to the renovation budget regarding the Joint Authority's approval for the public funding contribution.", "speaker": "Donnie Oliveira" }, { "id": "cue-587", "start": 3302.875, "end": 3308.043, "text": "This was heard loud and clear that we wanted to be more explicit about the approval stance that the Jordan Authority has.", "speaker": "Donnie Oliveira" }, { "id": "cue-588", "start": 3309.117, "end": 3313.702, "text": "We also included clarifying language related to the city's development rights.", "speaker": "Donnie Oliveira" }, { "id": "cue-589", "start": 3314.167, "end": 3324.794, "text": "We had that conversation at City Life, and we just were explicit that the city owns the parcels and will and continues to own those parcels and have development right authority beyond the bridge agreement.", "speaker": "Donnie Oliveira" }, { "id": "cue-590", "start": 3325.708, "end": 3332.937, "text": "We also added this language related to third-party leases that acknowledges that the funding contributions will include benefits for third-party tenants.", "speaker": "Donnie Oliveira" }, { "id": "cue-591", "start": 3332.985, "end": 3333.097, "text": "Thank you.", "speaker": "Donnie Oliveira" }, { "id": "cue-592", "start": 3333.822, "end": 3337.272, "text": "I think it's pretty clear on who we're referring to on that.", "speaker": "Donnie Oliveira" }, { "id": "cue-593", "start": 3338.466, "end": 3339.014, "text": "Next slide, please.", "speaker": "Donnie Oliveira" }, { "id": "cue-594", "start": 3342.05, "end": 3349.396, "text": "And probably one of the more material changes was adding of a, of a rent element at $2 million per year with an escalator of a CPI-W.", "speaker": "Donnie Oliveira" }, { "id": "cue-595", "start": 3349.671, "end": 3358.945, "text": "This was obviously— we heard from both the county and you all about interests and, and rents or, or tenant lease payments.", "speaker": "Donnie Oliveira" }, { "id": "cue-596", "start": 3359.576, "end": 3361.407, "text": "And so this element is in there reflecting that.", "speaker": "Donnie Oliveira" }, { "id": "cue-597", "start": 3362.386, "end": 3375.46, "text": "We also added some stronger language related to the community benefits and specifically talking about their investment in their charitable work with the community and also language related to them reporting back.", "speaker": "Donnie Oliveira" }, { "id": "cue-598", "start": 3375.508, "end": 3384.004, "text": "So provisions about reporting back on whatever community benefits are negotiated, having a report-back mechanism on that.", "speaker": "Donnie Oliveira" }, { "id": "cue-599", "start": 3384.726, "end": 3396.829, "text": "We also, to to strengthen the list of organizations we gave examples of in the CBA Exhibit B, just to again demonstrate the types of organizations that we would work with.", "speaker": "Donnie Oliveira" }, { "id": "cue-600", "start": 3397.246, "end": 3400.087, "text": "Again, just want to reiterate that we are not negotiating the CBA today.", "speaker": "Donnie Oliveira" }, { "id": "cue-601", "start": 3400.761, "end": 3407.036, "text": "The CBA would be negotiated with all parties— Blazers, community organizations, the county— as necessary.", "speaker": "Donnie Oliveira" }, { "id": "cue-602", "start": 3407.437, "end": 3411.707, "text": "But Exhibit B outlines the direction that we'd like those conversations to go.", "speaker": "Donnie Oliveira" }, { "id": "cue-603", "start": 3411.755, "end": 3411.851, "text": "Thank you.", "speaker": "Donnie Oliveira" }, { "id": "cue-604", "start": 3413.039, "end": 3414.388, "text": "Uh, next slide, please.", "speaker": "Donnie Oliveira" }, { "id": "cue-605", "start": 3415.384, "end": 3433.816, "text": "And then last, the 3rd amendment package that's in front of you today is, is a technical amendment which really adds the Multnomah County as a party to this negotiation, including them as a joint authority, um, a member, as well as added their resolution, which is included as an exhibit in the complete package.", "speaker": "Donnie Oliveira" }, { "id": "cue-606", "start": 3434.892, "end": 3437.429, "text": "And so that wraps up the, the additional 2 packages.", "speaker": "Donnie Oliveira" }, { "id": "cue-607", "start": 3438.247, "end": 3438.744, "text": "Thank you, Donnie.", "speaker": "Jamie Dunphy" }, { "id": "cue-608", "start": 3438.904, "end": 3439.561, "text": "Councilor Knoll?", "speaker": "Jamie Dunphy" }, { "id": "cue-609", "start": 3440.346, "end": 3441.004, "text": "Oh, legacy hand.", "speaker": "Jamie Dunphy" }, { "id": "cue-610", "start": 3441.068, "end": 3441.677, "text": "Okay, great.", "speaker": "Jamie Dunphy" }, { "id": "cue-611", "start": 3442.43, "end": 3443.872, "text": "Councilor Avalos.", "speaker": "Jamie Dunphy" }, { "id": "cue-612", "start": 3445.059, "end": 3455.012, "text": "All right, I have a series of questions, and, um, let me start with a quick one, which is as it relates to the rent.", "speaker": "Candace Avalos" }, { "id": "cue-613", "start": 3455.252, "end": 3456.711, "text": "Thank you for putting it in there.", "speaker": "Candace Avalos" }, { "id": "cue-614", "start": 3457.4, "end": 3459.66, "text": "Is that money going directly to the general fund?", "speaker": "Candace Avalos" }, { "id": "cue-615", "start": 3460.621, "end": 3462.112, "text": "Where's the money from the rent going?", "speaker": "Candace Avalos" }, { "id": "cue-616", "start": 3462.929, "end": 3469.217, "text": "We haven't comp— uh, contemplated that mechanism, Councilor, but I— it would It would assume be a general fund contribution.", "speaker": "Donnie Oliveira" }, { "id": "cue-617", "start": 3469.265, "end": 3475.19, "text": "We'd have to talk to our finance team about that, but it would not go to the spectator fund.", "speaker": "Donnie Oliveira" }, { "id": "cue-618", "start": 3475.848, "end": 3483.877, "text": "Yeah, it would be helpful to just understand that that rent is not going to just go back into the building because that's my concern.", "speaker": "Candace Avalos" }, { "id": "cue-619", "start": 3483.973, "end": 3485.836, "text": "It is not explicit in here.", "speaker": "Candace Avalos" }, { "id": "cue-620", "start": 3485.9, "end": 3491.247, "text": "The way that it reads in the term sheet is that it is— it doesn't have where it's going.", "speaker": "Candace Avalos" }, { "id": "cue-621", "start": 3492.05, "end": 3497.186, "text": "This year we got 7 schools shut down, and we want to talk about renovation?", "speaker": "Sameer Kanal" }, { "id": "cue-622", "start": 3497.443, "end": 3498.182, "text": "Fuck this.", "speaker": "Sameer Kanal" }, { "id": "cue-623", "start": 3498.888, "end": 3501.168, "text": "Our taxes should be spent on our children.", "speaker": "Sameer Kanal" }, { "id": "cue-624", "start": 3501.216, "end": 3504.731, "text": "That's going to bring more tax to our community.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-625", "start": 3505.711, "end": 3506.096, "text": "I agree.", "speaker": "Candace Avalos" }, { "id": "cue-626", "start": 3506.353, "end": 3506.626, "text": "Thanks.", "speaker": "Candace Avalos" }, { "id": "cue-627", "start": 3507.396, "end": 3516.98, "text": "Um, so yeah, I think, uh, my next question then— well, actually, let me just end on that to say, is there a way to make it more explicit?", "speaker": "Candace Avalos" }, { "id": "cue-628", "start": 3517.044, "end": 3519.179, "text": "Is it that you don't want to be explicit about where it goes?", "speaker": "Candace Avalos" }, { "id": "cue-629", "start": 3520.48, "end": 3522.101, "text": "Councilor, yeah, we could make it more explicit.", "speaker": "Donnie Oliveira" }, { "id": "cue-630", "start": 3522.406, "end": 3525.087, "text": "It was— we were not intending it to go back to the fund.", "speaker": "Donnie Oliveira" }, { "id": "cue-631", "start": 3525.136, "end": 3525.473, "text": "Yeah.", "speaker": "Donnie Oliveira" }, { "id": "cue-632", "start": 3525.553, "end": 3527.448, "text": "That really has nothing to do with the Blazers.", "speaker": "Carl Hirsch" }, { "id": "cue-633", "start": 3528.218, "end": 3531.574, "text": "So in the term sheet, we're focusing on the Blazers and what they give us.", "speaker": "Carl Hirsch" }, { "id": "cue-634", "start": 3531.638, "end": 3535.074, "text": "How the city decides to utilize that is up to the city.", "speaker": "Carl Hirsch" }, { "id": "cue-635", "start": 3535.604, "end": 3542.62, "text": "So I think it confuses the issue if we put it into the specific use into where the— to the Blazers.", "speaker": "Carl Hirsch" }, { "id": "cue-636", "start": 3542.812, "end": 3550.327, "text": "Sure, but we are dedicating other It would, it would be—.", "speaker": "Candace Avalos" }, { "id": "cue-637", "start": 3550.554, "end": 3557.312, "text": "We can check in with, with Director Levine and, and get back to you about that mechanism, but that seems like a reasonable, uh, addition.", "speaker": "Donnie Oliveira" }, { "id": "cue-638", "start": 3557.894, "end": 3559.171, "text": "All right, next question.", "speaker": "Candace Avalos" }, { "id": "cue-639", "start": 3559.867, "end": 3567.755, "text": "So here's what I want to understand about where we're at with this amendment package, what has taken to get to here, right?", "speaker": "Candace Avalos" }, { "id": "cue-640", "start": 3567.804, "end": 3574.936, "text": "Because the whole thing that we heard last week was we want the negotiating team to vet these ideas, right?", "speaker": "Candace Avalos" }, { "id": "cue-641", "start": 3575.065, "end": 3586.723, "text": "And so can the negotiating team clarify for the record which of council's requested owner contributions, for example, were actually presented to RIP City Management or Trailblazers ownership?", "speaker": "Candace Avalos" }, { "id": "cue-642", "start": 3587.172, "end": 3604.784, "text": "Specifically, were private capital contributions, revenue sharing, participation in naming rights, things that I brought last week that I was told were not viable, but is it because they were rejected by the Blazers, or is it because the negotiating team did not advance those requests?", "speaker": "Candace Avalos" }, { "id": "cue-643", "start": 3606.34, "end": 3607.131, "text": "Thank you for the question, Councilor.", "speaker": "Donnie Oliveira" }, { "id": "cue-644", "start": 3609.2, "end": 3613.959, "text": "We requested all those things and more of the Blazers back in June.", "speaker": "Donnie Oliveira" }, { "id": "cue-645", "start": 3614.186, "end": 3614.966, "text": "The exact date, Ken?", "speaker": "Donnie Oliveira" }, { "id": "cue-646", "start": 3617.2, "end": 3618.872, "text": "I believe it was July 6th.", "speaker": "Unidentified speaker" }, { "id": "cue-647", "start": 3619.375, "end": 3619.813, "text": "July 6th.", "speaker": "Donnie Oliveira" }, { "id": "cue-648", "start": 3620.608, "end": 3623.578, "text": "So all those, all those things plus were asked of the Blazers.", "speaker": "Donnie Oliveira" }, { "id": "cue-649", "start": 3624.898, "end": 3633.866, "text": "And while we did not get a formal response, which we've been requesting, we've heard very clearly through the conversations we have with leadership that those are non-starters.", "speaker": "Donnie Oliveira" }, { "id": "cue-650", "start": 3634.443, "end": 3643.571, "text": "And also, just broadly speaking, change the math on that 573 component that was originally framed in the spring.", "speaker": "Donnie Oliveira" }, { "id": "cue-651", "start": 3644.341, "end": 3647.854, "text": "Okay, so they did not give us an affirmative no.", "speaker": "Candace Avalos" }, { "id": "cue-652", "start": 3648.336, "end": 3650.1, "text": "They just gave vibes that they don't want to.", "speaker": "Candace Avalos" }, { "id": "cue-653", "start": 3650.18, "end": 3654.598, "text": "They talked to the media that they didn't want to, but they didn't tell you in writing officially no.", "speaker": "Candace Avalos" }, { "id": "cue-654", "start": 3654.937, "end": 3655.244, "text": "Correct.", "speaker": "Unidentified speaker" }, { "id": "cue-655", "start": 3655.421, "end": 3655.792, "text": "That's correct.", "speaker": "Unidentified speaker" }, { "id": "cue-656", "start": 3656.066, "end": 3656.55, "text": "Okay.", "speaker": "Unidentified speaker" }, { "id": "cue-657", "start": 3656.696, "end": 3662.403, "text": "I think, Councilor, it's fair to say what we asked them is what will be the private contribution.", "speaker": "Unidentified speaker" }, { "id": "cue-658", "start": 3662.822, "end": 3675.207, "text": "And as part of the negotiation, I think as Donnie started off the meeting, in a normal scenario, we would've reached a meeting of the minds on this term sheet and come to you with a term sheet.", "speaker": "Unidentified speaker" }, { "id": "cue-659", "start": 3675.822, "end": 3678.495, "text": "And we asked them what would be the private contribution.", "speaker": "Unidentified speaker" }, { "id": "cue-660", "start": 3679.87, "end": 3683.397, "text": "Next, you know, the negotiating would have been, and how is that made up?", "speaker": "Unidentified speaker" }, { "id": "cue-661", "start": 3683.704, "end": 3688.993, "text": "And that could have been from all of the things that you listed in your proposed amendment last week.", "speaker": "Unidentified speaker" }, { "id": "cue-662", "start": 3689.139, "end": 3694.081, "text": "You know, a combination, one, it just never worked out that way.", "speaker": "Unidentified speaker" }, { "id": "cue-663", "start": 3694.711, "end": 3695.211, "text": "Okay, thank you.", "speaker": "Candace Avalos" }, { "id": "cue-664", "start": 3696.759, "end": 3706.189, "text": "As it relates to the protections, the amendment package directs staff to preserve protections comparable to the existing bridge agreement.", "speaker": "Candace Avalos" }, { "id": "cue-665", "start": 3706.255, "end": 3709.009, "text": "Again, this was another amendment that I had raised that concept.", "speaker": "Candace Avalos" }, { "id": "cue-666", "start": 3709.089, "end": 3711.08, "text": "So thank you for adding some language on that.", "speaker": "Candace Avalos" }, { "id": "cue-667", "start": 3711.161, "end": 3716.347, "text": "But can you all clarify— and I don't know if maybe the city attorney needs to clarify this— like, what does that mean?", "speaker": "Candace Avalos" }, { "id": "cue-668", "start": 3716.459, "end": 3723.091, "text": "Like, does that include preserving existing, like, private matching principles, for example, existing city rights and claims?", "speaker": "Candace Avalos" }, { "id": "cue-669", "start": 3723.203, "end": 3732.018, "text": "Any— like, I want to understand in lawyer speak what that means for how to protect those existing agreements in the bridge agreement.", "speaker": "Candace Avalos" }, { "id": "cue-670", "start": 3732.098, "end": 3732.291, "text": "Sure.", "speaker": "Unidentified speaker" }, { "id": "cue-671", "start": 3732.5, "end": 3738.712, "text": "I think it's fair to say that the 1995 agreements are antiquated in some respects.", "speaker": "Unidentified speaker" }, { "id": "cue-672", "start": 3738.84, "end": 3741.248, "text": "And Mr. Hirsch can speak to this a little bit.", "speaker": "Unidentified speaker" }, { "id": "cue-673", "start": 3741.36, "end": 3755.548, "text": "And I think you've heard from others that the new suite of agreements for arena and stadium deals are more protective of cities, or they're structured a little differently.", "speaker": "Unidentified speaker" }, { "id": "cue-674", "start": 3755.789, "end": 3763.909, "text": "We have no intention of going into negotiations downgrading any kind of the rights and remedies that the city has right now.", "speaker": "Unidentified speaker" }, { "id": "cue-675", "start": 3764.36, "end": 3778.849, "text": "In fact, we will probably strengthen them, particularly with regards to the non-relocation agreements and some of the other terms in the lease that will be a little bit more specific and a little bit more enforceable.", "speaker": "Unidentified speaker" }, { "id": "cue-676", "start": 3779.987, "end": 3780.424, "text": "Thank you.", "speaker": "Candace Avalos" }, { "id": "cue-677", "start": 3781.622, "end": 3782.884, "text": "We have 3 amendments before us.", "speaker": "Candace Avalos" }, { "id": "cue-678", "start": 3783.385, "end": 3792.548, "text": "I wanted to understand the I wanna make sure that Amendment 3, and just so I'm sure, Amendment 3 is the one where we're adding the Exhibits F and E, right?", "speaker": "Candace Avalos" }, { "id": "cue-679", "start": 3793.333, "end": 3795.352, "text": "I just wanna make sure that when we—.", "speaker": "Candace Avalos" }, { "id": "cue-680", "start": 3795.88, "end": 3796.634, "text": "I think it's just that.", "speaker": "Unidentified speaker" }, { "id": "cue-681", "start": 3796.714, "end": 3799.758, "text": "It's just Amendment 3 is just F. That's the county.", "speaker": "Unidentified speaker" }, { "id": "cue-682", "start": 3799.806, "end": 3799.966, "text": "Right.", "speaker": "Dan Ryan" }, { "id": "cue-683", "start": 3800.126, "end": 3800.399, "text": "Yeah.", "speaker": "Dan Ryan" }, { "id": "cue-684", "start": 3800.527, "end": 3800.783, "text": "Right, right, right.", "speaker": "Dan Ryan" }, { "id": "cue-685", "start": 3800.944, "end": 3801.248, "text": "Thank you.", "speaker": "Candace Avalos" }, { "id": "cue-686", "start": 3801.809, "end": 3809.115, "text": "I just wanna, I guess, because the way that you all did that, right, you essentially just copy pasted what the county asked for, what they approved.", "speaker": "Candace Avalos" }, { "id": "cue-687", "start": 3809.596, "end": 3828.978, "text": "But I don't, I wanna understand how is that going to interact with what we approve in either Amendments 1 and 2 or whatever we end up approving is, um, that, uh, what am I trying to say, will Amendment 3 not inadvertently weaken anything that we approve in our version?", "speaker": "Candace Avalos" }, { "id": "cue-688", "start": 3829.09, "end": 3834.033, "text": "I just want to understand what the county's relationship and us putting that in there, how that affects what we're asking for as the city.", "speaker": "Candace Avalos" }, { "id": "cue-689", "start": 3834.37, "end": 3835.59, "text": "Thank you for the question, Councilor.", "speaker": "Donnie Oliveira" }, { "id": "cue-690", "start": 3835.75, "end": 3837.452, "text": "I should have said this in my original talking points.", "speaker": "Donnie Oliveira" }, { "id": "cue-691", "start": 3838.013, "end": 3854.373, "text": "Our current read of the Oh yeah, our current read of the resolution language is that many of the themes that would be in a term sheet are in the term sheet minus the rent, which was included, and all the other elements will be, will be discussed with the city and the county outside of the term sheet.", "speaker": "Donnie Oliveira" }, { "id": "cue-692", "start": 3854.437, "end": 3857.564, "text": "They're more city-county relationship issues, not term sheet.", "speaker": "Donnie Oliveira" }, { "id": "cue-693", "start": 3857.901, "end": 3869.617, "text": "So our current understanding is, uh, the amendments are in there, either already were in there or we've added Language to strengthen and be consistent with our directives.", "speaker": "Donnie Oliveira" }, { "id": "cue-694", "start": 3869.826, "end": 3874.228, "text": "I think we wanted— again, the term sheet is to the Trailblazers.", "speaker": "Unidentified speaker" }, { "id": "cue-695", "start": 3874.341, "end": 3881.202, "text": "We wanted to make clear to them that the county had conditions for their funding and some requests.", "speaker": "Unidentified speaker" }, { "id": "cue-696", "start": 3881.475, "end": 3892.843, "text": "And so how we've structured it is as a footnote that says the county will be part of the joint authority, and the conditions to their public funding are expressed in the exhibit, which is the resolution.", "speaker": "Unidentified speaker" }, { "id": "cue-697", "start": 3892.956, "end": 3899.039, "text": "We didn't want to At least I didn't want to speak for them other than what they said themselves, which was the resolution.", "speaker": "Unidentified speaker" }, { "id": "cue-698", "start": 3900.557, "end": 3900.816, "text": "Thank you.", "speaker": "Candace Avalos" }, { "id": "cue-699", "start": 3900.864, "end": 3902.904, "text": "That's helpful.", "speaker": "Candace Avalos" }, { "id": "cue-700", "start": 3903.228, "end": 3905.575, "text": "Last question, and then I'll have one thing to say.", "speaker": "Candace Avalos" }, { "id": "cue-701", "start": 3908.137, "end": 3911.912, "text": "We've been talking a lot about the term sheet being a floor or ceiling.", "speaker": "Candace Avalos" }, { "id": "cue-702", "start": 3912.172, "end": 3914.473, "text": "We've been talking about, at least I have, right?", "speaker": "Candace Avalos" }, { "id": "cue-703", "start": 3914.602, "end": 3916.839, "text": "Is it— what is the box you are negotiating from?", "speaker": "Candace Avalos" }, { "id": "cue-704", "start": 3917.522, "end": 3939.181, "text": "And because we're coming at this term sheet without all of the information, as you said at the Can you help me understand that— is this what we approve today, if we approve it today, is it intended to serve as the city's minimum negotiating position and that any material weakening of those protections would return to council before approval?", "speaker": "Candace Avalos" }, { "id": "cue-705", "start": 3939.245, "end": 3952.93, "text": "I just want to again, and I also asked you last time, if you have another great opportunity that they magically present that wasn't something we discussed, Thank you for that question, Councilor.", "speaker": "Candace Avalos" }, { "id": "cue-706", "start": 3952.93, "end": 3954.85, "text": "I'll take a stab at it and turn it over to Carl.", "speaker": "Donnie Oliveira" }, { "id": "cue-707", "start": 3955.59, "end": 3959.3, "text": "We're not thinking about this as a ceiling or a floor.", "speaker": "Donnie Oliveira" }, { "id": "cue-708", "start": 3959.37, "end": 3961.23, "text": "This is just a position to start from.", "speaker": "Donnie Oliveira" }, { "id": "cue-709", "start": 3961.79, "end": 3968.52, "text": "You can appreciate that in any negotiation, they're going to come with their own asks and aspects, which will change the dynamics quite a bit.", "speaker": "Donnie Oliveira" }, { "id": "cue-710", "start": 3968.93, "end": 3978.628, "text": "So to your second part about if there are new elements that come in over time that are especially those that are beneficial to the city, I think that's a question that we'll have to Of course, we would, we would, you know, take action to, you know, realize them.", "speaker": "Donnie Oliveira" }, { "id": "cue-711", "start": 3978.676, "end": 3980.38, "text": "But Carl, do you want to add your thoughts, please?", "speaker": "Donnie Oliveira" }, { "id": "cue-712", "start": 3980.508, "end": 3981.536, "text": "Yeah, thanks, Donnie.", "speaker": "Unidentified speaker" }, { "id": "cue-713", "start": 3983.481, "end": 3986.977, "text": "This is really the framework for us to open negotiations with them.", "speaker": "Unidentified speaker" }, { "id": "cue-714", "start": 3987.203, "end": 3991.849, "text": "So I assume there will be a lot of push and pull on a lot of these different issues.", "speaker": "Unidentified speaker" }, { "id": "cue-715", "start": 3991.978, "end": 3997.938, "text": "So I think everything is really on the table once we get to the table, and this just gets us to the table.", "speaker": "Unidentified speaker" }, { "id": "cue-716", "start": 3998.52, "end": 3999.7, "text": "Okay, thank you so much.", "speaker": "Candace Avalos" }, { "id": "cue-717", "start": 4000.508, "end": 4001.995, "text": "Thank you for answering those questions.", "speaker": "Candace Avalos" }, { "id": "cue-718", "start": 4002.125, "end": 4009.697, "text": "I will then share my comments on how I feel about the So I'll start by saying something that might surprise people after our conversation.", "speaker": "Candace Avalos" }, { "id": "cue-719", "start": 4010.291, "end": 4010.66, "text": "Thank you.", "speaker": "Candace Avalos" }, { "id": "cue-720", "start": 4010.997, "end": 4013.388, "text": "I am genuinely grateful for this amendment package.", "speaker": "Candace Avalos" }, { "id": "cue-721", "start": 4014.384, "end": 4019.937, "text": "I spent a lot of time going through it, and I think that you all heard a significant amount of what council raised last week.", "speaker": "Candace Avalos" }, { "id": "cue-722", "start": 4020.724, "end": 4022.489, "text": "So thank you to Donnie and the team.", "speaker": "Candace Avalos" }, { "id": "cue-723", "start": 4022.714, "end": 4024.143, "text": "I want to give you that credit.", "speaker": "Candace Avalos" }, { "id": "cue-724", "start": 4025.122, "end": 4030.643, "text": "Last week, I introduced a lot of amendments, 12, I guess 13 with Green Avalos 1.", "speaker": "Candace Avalos" }, { "id": "cue-725", "start": 4030.98, "end": 4046.334, "text": "And because I believe that the term sheet needed stronger protections for Portlanders, and not all of those ideas were— I didn't expect them to appear exactly as I wrote them, but I do see in here how you wanted to, or how you got to the underlying principles, and that's what mattered most to me.", "speaker": "Candace Avalos" }, { "id": "cue-726", "start": 4047.439, "end": 4053.208, "text": "So some of the highlights of what I appreciate that you added: I wanted us to protect the city's development rights.", "speaker": "Candace Avalos" }, { "id": "cue-727", "start": 4053.272, "end": 4054.746, "text": "Thank you for making that explicit.", "speaker": "Candace Avalos" }, { "id": "cue-728", "start": 4054.794, "end": 4063.049, "text": "Like I said last week, I just felt like it was silent on that, and I wanted to be clear that the Blazers don't get to keep those I wanted protections around the other professional sports.", "speaker": "Candace Avalos" }, { "id": "cue-729", "start": 4063.114, "end": 4064.573, "text": "Thanks for adding more language on that.", "speaker": "Candace Avalos" }, { "id": "cue-730", "start": 4065.712, "end": 4067.011, "text": "Stronger maintenance protections.", "speaker": "Candace Avalos" }, { "id": "cue-731", "start": 4067.059, "end": 4069.24, "text": "That's why I'm asking these questions about the bridge agreement.", "speaker": "Candace Avalos" }, { "id": "cue-732", "start": 4069.288, "end": 4075.96, "text": "I just want to ensure that we're not going to get back a deal where we have to pay 100% of maintenance when we're currently paying 50%.", "speaker": "Candace Avalos" }, { "id": "cue-733", "start": 4076.922, "end": 4080.161, "text": "Thank you for adding the accountability stuff around community benefits.", "speaker": "Candace Avalos" }, { "id": "cue-734", "start": 4080.626, "end": 4085.197, "text": "Again, not exactly how I asked for it, but I think still accomplishes what I was trying to do.", "speaker": "Candace Avalos" }, { "id": "cue-735", "start": 4085.806, "end": 4096.611, "text": "And a lot of my other amendments were about getting greater clarity about the city's financial exposure and more council oversight before additional public dollars could be committed.", "speaker": "Candace Avalos" }, { "id": "cue-736", "start": 4096.659, "end": 4099.945, "text": "So thank you for attempting to address some of Green Avalos 1.", "speaker": "Candace Avalos" }, { "id": "cue-737", "start": 4100.009, "end": 4103.808, "text": "It definitely doesn't get to what I'm asking for, but I think it starts to.", "speaker": "Candace Avalos" }, { "id": "cue-738", "start": 4104.562, "end": 4105.748, "text": "And importantly, I wanted rent.", "speaker": "Candace Avalos" }, { "id": "cue-739", "start": 4106.116, "end": 4115.077, "text": "So I put that forward last week because I think that Rip City should pay rent for a publicly owned arena that they operate and get a lot of revenue from.", "speaker": "Candace Avalos" }, { "id": "cue-740", "start": 4115.719, "end": 4116.985, "text": "So thank you if that rent is in this package.", "speaker": "Candace Avalos" }, { "id": "cue-741", "start": 4117.033, "end": 4126.085, "text": "Councilor Avalos, Ultimately, I think how we got here is that council— I'll thank councilors who came forward last week with proposals.", "speaker": "Candace Avalos" }, { "id": "cue-742", "start": 4126.133, "end": 4130.955, "text": "They did their job last week, scrutinized the proposal, asked difficult questions, offered amendments.", "speaker": "Candace Avalos" }, { "id": "cue-743", "start": 4131.019, "end": 4137.524, "text": "We disagreed, we voted, and to your credit, I think the negotiation team listened to that discussion and came back with a stronger document.", "speaker": "Candace Avalos" }, { "id": "cue-744", "start": 4137.588, "end": 4138.052, "text": "So thank you.", "speaker": "Candace Avalos" }, { "id": "cue-745", "start": 4138.869, "end": 4143.579, "text": "That is exactly why I was so insistent that council needed an opportunity to legislate.", "speaker": "Candace Avalos" }, { "id": "cue-746", "start": 4144.476, "end": 4147.953, "text": "And so I'm really grateful that this package is materially better because we had that opportunity.", "speaker": "Candace Avalos" }, { "id": "cue-747", "start": 4148.001, "end": 4148.305, "text": "Councilor Loretta Smith.", "speaker": "Candace Avalos" }, { "id": "cue-748", "start": 4148.402, "end": 4149.109, "text": "We were able to.", "speaker": "Candace Avalos" }, { "id": "cue-749", "start": 4150.233, "end": 4158.01, "text": "And I also want to be clear about what I think it demonstrates, that putting amendments forward was not undermining the negotiation, because that's kind of what I kept hearing.", "speaker": "Candace Avalos" }, { "id": "cue-750", "start": 4158.91, "end": 4163.939, "text": "Asking for more was not irresponsible, because clearly you put things in there that we asked for.", "speaker": "Candace Avalos" }, { "id": "cue-751", "start": 4164.614, "end": 4170.912, "text": "And council exercising its legislative authority did help improve the city's negotiating position, which is what I'm hearing you say.", "speaker": "Candace Avalos" }, { "id": "cue-752", "start": 4170.993, "end": 4172.792, "text": "So I just want to make that clear on the record.", "speaker": "Candace Avalos" }, { "id": "cue-753", "start": 4173.371, "end": 4179.736, "text": "I hope we remember that As this process continues, because this is not the last time that this agreement is gonna come before us.", "speaker": "Candace Avalos" }, { "id": "cue-754", "start": 4179.801, "end": 4183.816, "text": "So I want us to remember that it is important for us to legislate as councilors.", "speaker": "Candace Avalos" }, { "id": "cue-755", "start": 4183.864, "end": 4185.968, "text": "So I do support this amendment package.", "speaker": "Candace Avalos" }, { "id": "cue-756", "start": 4186.098, "end": 4189.706, "text": "I appreciate the work that went into it, and I will plan to support it.", "speaker": "Candace Avalos" }, { "id": "cue-757", "start": 4189.916, "end": 4190.256, "text": "Thanks.", "speaker": "Candace Avalos" }, { "id": "cue-758", "start": 4191.858, "end": 4192.764, "text": "Thank you, Councilor Avalos.", "speaker": "Jamie Dunphy" }, { "id": "cue-759", "start": 4193.297, "end": 4205.786, "text": "I actually am going to, before we continue with council discussion and some technical questions about this, I do wanna turn it over to the co-sponsors first and go ahead and get opening remarks from them on this, and then we'll return to full technical questions and council discussion.", "speaker": "Jamie Dunphy" }, { "id": "cue-760", "start": 4205.834, "end": 4207.518, "text": "So Councilor Pirtle-Guiney, please kick us off.", "speaker": "Jamie Dunphy" }, { "id": "cue-761", "start": 4208.722, "end": 4219.181, "text": "Thanks, Council President, and thank you especially to our negotiating team and attorneys who spent some time over the last week looking these pieces over.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-762", "start": 4220.015, "end": 4227.859, "text": "Colleagues, this has been a difficult process the last couple of weeks, and in part that's because we are in a really tough position.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-763", "start": 4228.456, "end": 4235.666, "text": "We have a massive decision about what to do with a city-owned space, and we don't have a good faith negotiating partner.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-764", "start": 4236.24, "end": 4239.32, "text": "So we're having to figure this out a bit in a vacuum.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-765", "start": 4240.385, "end": 4251.475, "text": "And despite the fact that this topic has gotten enormously heated at times, though I think we are in a better place there today, I want to remind us all that nobody up here is the other side.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-766", "start": 4251.864, "end": 4256.164, "text": "We'll be negotiating against another side soon.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-767", "start": 4257.141, "end": 4262.527, "text": "In fact, I think all 12 of us have a shared goal, which is getting the best possible deal for Portland.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-768", "start": 4262.864, "end": 4265.685, "text": "I think that's a goal shared by Portlanders as well.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-769", "start": 4267.111, "end": 4277.642, "text": "Some councilors have focused on getting there by securing as many concessions as possible in the term sheet, and those councilors brought some critical improvements by way of amendments last week to address this.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-770", "start": 4278.619, "end": 4291.857, "text": "Other councilors have been laser-focused on making sure this term sheet is as practical as possible to show everybody involved that Portland is serious and acting in good faith and ready to get that best deal.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-771", "start": 4293.203, "end": 4308.025, "text": "I've been set on ensuring that whether maximizing concessions or practicality or landing somewhere in between, we have the strongest position at the negotiating table, which is sometimes the strongest term sheet and sometimes a little bit different.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-772", "start": 4310.034, "end": 4314.969, "text": "I've negotiated many things over my career, but I have never negotiated a sports arena deal.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-773", "start": 4315.718, "end": 4325.989, "text": "So in trying to figure out what gives us the strongest position at the table, I have to rely on our negotiating team and trust them about what will get us there.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-774", "start": 4327.81, "end": 4347.38, "text": "When I talk to Portlanders in my district, what I hear genuinely Is that folks want to see a fully activated and vibrant Moda Center, and they want a realistic, practical, good deal for the city in any lease agreement with our anchor tenant.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-775", "start": 4348.167, "end": 4351.41, "text": "And I believe that both of these values are critical.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-776", "start": 4352.036, "end": 4358.844, "text": "The first is critical for its implications for our economy, jobs at the Moda Center, our ability to attract investment in the surrounding area.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-777", "start": 4359.423, "end": 4364.87, "text": "And yes, for sports fans and concertgoers who need access at the arena.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-778", "start": 4365.673, "end": 4377.629, "text": "And the second is critical for all Portlanders, including those who don't see themselves in these categories, in this discussion, in this deal, who don't live in that part of town and are honestly just trying to make ends meet in our city.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-779", "start": 4379.107, "end": 4392.021, "text": "I voted no on amendments last week because I was worried we could put at risk Holding both those values, that we could step into a situation where they came in conflict with each other.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-780", "start": 4392.83, "end": 4395.948, "text": "And I wanted us to continue to prioritize balancing them.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-781", "start": 4397.43, "end": 4422.417, "text": "I believe that the process that the council president offered us, that we could take all of our amendments, have our negotiators, our experts about what they need at the table, review them and bring them back— rather, I'm sorry, and bring us back a proposal that both strengthened The term sheet, but also focused on setting us up to have the strongest position in what we know are going to be difficult negotiations with the Blazers, could work.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-782", "start": 4423.604, "end": 4437.919, "text": "I know some councilors disagreed with my analysis and with the approach that I took last week, and I want to be clear that I think we all came in good faith with the approaches we brought to the table, and I know we can disagree on strategy.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-783", "start": 4438.336, "end": 4439.428, "text": "And still work together.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-784", "start": 4440.52, "end": 4463.529, "text": "I was clear in my remarks then that I liked much of what was on the table and hoped to improve the term sheet if our negotiating team felt that it would be— that they would be in a good negotiating position with the Blazers, both in our ability to get a deal done that keeps the Blazers in Portland and in our ability to actually deliver on these benefits for the city.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-785", "start": 4464.21, "end": 4467.048, "text": "It has to be practical, functional, enforceable.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-786", "start": 4468.572, "end": 4471.394, "text": "I'm really impressed with what our team brought back to us.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-787", "start": 4472.546, "end": 4480.102, "text": "It included many of the terms that we heard last week, some of which are materially, financially better for the city.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-788", "start": 4481.326, "end": 4488.552, "text": "And it also, from what I have heard from our team, ensures that we continue to have the strongest possible position at the negotiating table.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-789", "start": 4488.654, "end": 4488.974, "text": "Thank you.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-790", "start": 4489.492, "end": 4497.562, "text": "And that strong position at the negotiating table is not just the term sheet, but how we present it and how we work together in bringing it forward.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-791", "start": 4498.733, "end": 4504.813, "text": "So I hope that as you all look over this term sheet, you can feel good about our next step.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-792", "start": 4505.519, "end": 4515.193, "text": "And I would ask for all of you to consider this with the same good faith that we all brought last week and to help us move forward.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-793", "start": 4515.241, "end": 4515.369, "text": "Thank you.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-794", "start": 4515.867, "end": 4522.871, "text": "On the advice of our experts with what can give us the strongest position at the negotiating table.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-795", "start": 4523.256, "end": 4523.69, "text": "Thank you all.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-796", "start": 4523.995, "end": 4525.007, "text": "Thank you, Councilor Pirtle-Guiney.", "speaker": "Jamie Dunphy" }, { "id": "cue-797", "start": 4525.345, "end": 4525.891, "text": "Councilor Ryan.", "speaker": "Jamie Dunphy" }, { "id": "cue-798", "start": 4527.288, "end": 4528.493, "text": "Thank you, Council President.", "speaker": "Dan Ryan" }, { "id": "cue-799", "start": 4529.36, "end": 4537.826, "text": "And first, thank you for holding this very challenging process, which will go on through December.", "speaker": "Dan Ryan" }, { "id": "cue-800", "start": 4538.388, "end": 4543.255, "text": "So I know you were a reluctant Council President, but you're doing a really great job.", "speaker": "Dan Ryan" }, { "id": "cue-801", "start": 4544.058, "end": 4549.825, "text": "Trying to bring us all together and keeping us civilized as we move through this very difficult conversation.", "speaker": "Dan Ryan" }, { "id": "cue-802", "start": 4550.162, "end": 4551.319, "text": "Thank you, Council President.", "speaker": "Dan Ryan" }, { "id": "cue-803", "start": 4551.785, "end": 4554.788, "text": "And thank you, negotiating team, for always being direct and clear.", "speaker": "Dan Ryan" }, { "id": "cue-804", "start": 4555.624, "end": 4560.924, "text": "I know we've had a few salty conversations over the last couple days, and that will continue.", "speaker": "Dan Ryan" }, { "id": "cue-805", "start": 4561.486, "end": 4567.285, "text": "And this is complicated, and I appreciate your perseverance and your clarity.", "speaker": "Dan Ryan" }, { "id": "cue-806", "start": 4567.446, "end": 4568.072, "text": "Thank you.", "speaker": "Dan Ryan" }, { "id": "cue-807", "start": 4569.507, "end": 4571.721, "text": "As many of you know by now, my heart is Rip City.", "speaker": "Dan Ryan" }, { "id": "cue-808", "start": 4572.739, "end": 4582.098, "text": "I have a lot to say on this topic, and I'm proud that we are here today to come together as a majority to set up our negotiation team for success.", "speaker": "Dan Ryan" }, { "id": "cue-809", "start": 4583.99, "end": 4586.691, "text": "My why on this is guided by both my head and my heart.", "speaker": "Dan Ryan" }, { "id": "cue-810", "start": 4587.467, "end": 4588.276, "text": "Let me start with my heart.", "speaker": "Dan Ryan" }, { "id": "cue-811", "start": 4588.763, "end": 4593.143, "text": "I was 8 in 1970 and attended a Blazer game, and I'll never forget it.", "speaker": "Dan Ryan" }, { "id": "cue-812", "start": 4593.889, "end": 4601.509, "text": "In fact, I didn't miss a game In every season, even when I rooted for them on the road when I was living in New York City and Seattle.", "speaker": "Dan Ryan" }, { "id": "cue-813", "start": 4602.969, "end": 4609.351, "text": "I was able to skip school in 1977, my freshman year of high school, and be part of the championship parade.", "speaker": "Dan Ryan" }, { "id": "cue-814", "start": 4610.746, "end": 4616.808, "text": "I was numb with pain after we blew the 4th quarter lead in LA in the Western Finals in June of 2000.", "speaker": "Dan Ryan" }, { "id": "cue-815", "start": 4617.626, "end": 4618.636, "text": "God, I could still feel that.", "speaker": "Dan Ryan" }, { "id": "cue-816", "start": 4619.326, "end": 4622.621, "text": "The joy and the pain of being a Blazer fan is a wild roller coaster.", "speaker": "Dan Ryan" }, { "id": "cue-817", "start": 4623.09, "end": 4627.545, "text": "It truly begins— but it does do this: it brings us all together.", "speaker": "Dan Ryan" }, { "id": "cue-818", "start": 4628.297, "end": 4631.844, "text": "When the Blazers are in the playoffs, this town lights up.", "speaker": "Dan Ryan" }, { "id": "cue-819", "start": 4633.724, "end": 4638.642, "text": "Thank you to the many Blazer fans who have come up to me randomly to share their stories.", "speaker": "Dan Ryan" }, { "id": "cue-820", "start": 4639.638, "end": 4655.457, "text": "The amount of parents and grandparents talking to me at the various night outs I've been going to and picnics about taking their kid to a Blazer game, of being that kid, And those cherished memories have really reminded me what deep love we have in Portland for Rip City.", "speaker": "Dan Ryan" }, { "id": "cue-821", "start": 4657.28, "end": 4660.067, "text": "Here's to all of us as we hold that 8-year-old kid in our hearts today.", "speaker": "Dan Ryan" }, { "id": "cue-822", "start": 4662.399, "end": 4670.41, "text": "Summary of my head on this is clear: jobs, macroeconomics ROI, which is crystal clear.", "speaker": "Dan Ryan" }, { "id": "cue-823", "start": 4670.797, "end": 4677.437, "text": "If we want to see more money in our general fund during our budget season, You want us to secure our team for the long term.", "speaker": "Dan Ryan" }, { "id": "cue-824", "start": 4678.454, "end": 4680.116, "text": "And again, jobs.", "speaker": "Dan Ryan" }, { "id": "cue-825", "start": 4681.761, "end": 4689.408, "text": "I'm grateful to my council colleagues and the administration for the spirited conversations around this starting point for negotiations.", "speaker": "Dan Ryan" }, { "id": "cue-826", "start": 4689.828, "end": 4696.504, "text": "I'm also grateful to RIP City Management for finally showing up recently and joining us for the work session.", "speaker": "Dan Ryan" }, { "id": "cue-827", "start": 4696.857, "end": 4698.223, "text": "That was a refreshing little step.", "speaker": "Dan Ryan" }, { "id": "cue-828", "start": 4699.991, "end": 4702.385, "text": "And this, the state, the county have done their part.", "speaker": "Dan Ryan" }, { "id": "cue-829", "start": 4702.895, "end": 4706.054, "text": "And it's time for us to do ours, to keep our team home.", "speaker": "Dan Ryan" }, { "id": "cue-830", "start": 4706.621, "end": 4714.19, "text": "In my 6 years on council, I can't think of a time when the state, the county, and the city have been aligned on an important issue.", "speaker": "Dan Ryan" }, { "id": "cue-831", "start": 4716.676, "end": 4721.29, "text": "I've seen enough from Tom Dundon to know that he is actively pursuing opportunities elsewhere.", "speaker": "Dan Ryan" }, { "id": "cue-832", "start": 4722.42, "end": 4724.727, "text": "In fact, I'm no longer really talking to Tom Dundon.", "speaker": "Dan Ryan" }, { "id": "cue-833", "start": 4725.244, "end": 4728.686, "text": "This is for the NBA Commissioner Adam Silver and fellow owners.", "speaker": "Dan Ryan" }, { "id": "cue-834", "start": 4729.583, "end": 4733.398, "text": "And the Trailblazer fans as we come together and bring Texas Tom along.", "speaker": "Dan Ryan" }, { "id": "cue-835", "start": 4734.857, "end": 4740.002, "text": "As a lifelong Blazer fan, no matter where I resided, I have been a true Blazer maniac.", "speaker": "Dan Ryan" }, { "id": "cue-836", "start": 4740.644, "end": 4746.431, "text": "And as a city councilor, I have to look at the big picture, and I'm going to fight to keep the Trailblazers home.", "speaker": "Dan Ryan" }, { "id": "cue-837", "start": 4747.056, "end": 4761.883, "text": "Throughout this process, I have doubled down on the economic imperative of keeping the NBA franchise in Portland, and I want to remind Portlanders that we are What we are fighting for— our city, our community, and Portland's economic longevity and vibrancy.", "speaker": "Dan Ryan" }, { "id": "cue-838", "start": 4763.429, "end": 4764.783, "text": "We are moving forward in good faith.", "speaker": "Dan Ryan" }, { "id": "cue-839", "start": 4765.56, "end": 4770.4, "text": "Our negotiation team will be set up for success with this vote, and this is just a start.", "speaker": "Dan Ryan" }, { "id": "cue-840", "start": 4771.16, "end": 4777.217, "text": "The final product is in November— December, and we will look at, look at it the same as it does today.", "speaker": "Dan Ryan" }, { "id": "cue-841", "start": 4777.313, "end": 4786.097, "text": "So this fight will continue until we secure 20 more years of Rip City in the Rose City.", "speaker": "Dan Ryan" }, { "id": "cue-842", "start": 4787.461, "end": 4790.173, "text": "I want to close with acknowledgement of my colleagues in D2.", "speaker": "Dan Ryan" }, { "id": "cue-843", "start": 4791.393, "end": 4794.089, "text": "As you know, we cover a lot of ground with our points of views.", "speaker": "Dan Ryan" }, { "id": "cue-844", "start": 4795.55, "end": 4811.668, "text": "On this issue, the most important economic development issue in my 6 years on council, we've had many thoughtful, sometimes heated conversations with all 3 of us always committed to success Defined by setting up our negotiation team to win.", "speaker": "Dan Ryan" }, { "id": "cue-845", "start": 4813.65, "end": 4821.4, "text": "We know our city is much better off for the long term with the Portland Trail Blazers remaining in Portland and yes, residing in D2.", "speaker": "Dan Ryan" }, { "id": "cue-846", "start": 4823.5, "end": 4832.246, "text": "So glad we're here today for jobs, for our macroeconomics of our city to improve the general fund of our city's budget, and for that 8-year-old kid.", "speaker": "Dan Ryan" }, { "id": "cue-847", "start": 4832.537, "end": 4832.667, "text": "Thank you.", "speaker": "Dan Ryan" }, { "id": "cue-848", "start": 4833.309, "end": 4836.472, "text": "I'm proud to vote yes today to move this important work forward.", "speaker": "Dan Ryan" }, { "id": "cue-849", "start": 4837.387, "end": 4838.158, "text": "And rip city.", "speaker": "Dan Ryan" }, { "id": "cue-850", "start": 4838.993, "end": 4839.314, "text": "Thanks.", "speaker": "Dan Ryan" }, { "id": "cue-851", "start": 4840.438, "end": 4841.096, "text": "Thank you, Councilor Ryan.", "speaker": "Jamie Dunphy" }, { "id": "cue-852", "start": 4841.481, "end": 4841.963, "text": "Councilor Knoll.", "speaker": "Jamie Dunphy" }, { "id": "cue-853", "start": 4842.846, "end": 4843.665, "text": "Thank you, Council President.", "speaker": "Sameer Kanal" }, { "id": "cue-854", "start": 4843.794, "end": 4844.661, "text": "Thank you to you two colleagues.", "speaker": "Sameer Kanal" }, { "id": "cue-855", "start": 4844.837, "end": 4847.711, "text": "I'm happy to bring these amendments forward again, this time as a package.", "speaker": "Sameer Kanal" }, { "id": "cue-856", "start": 4848.61, "end": 4858.325, "text": "Regardless of what people might think of the overall term sheet, and we'll discuss that right after these two amendment votes, the amendment package improves the resolution and improves the term sheet before us, and I hope colleagues will support it.", "speaker": "Sameer Kanal" }, { "id": "cue-857", "start": 4858.517, "end": 4860.717, "text": "I'll keep my comments specific to the amendment package.", "speaker": "Sameer Kanal" }, { "id": "cue-858", "start": 4861.44, "end": 4862.37, "text": "Just quick recap.", "speaker": "Sameer Kanal" }, { "id": "cue-859", "start": 4862.45, "end": 4867.857, "text": "The resolution amendments include a commitment to use a regular budget process to allocate dollars, not the continuation of backroom deals.", "speaker": "Sameer Kanal" }, { "id": "cue-860", "start": 4868.37, "end": 4875.879, "text": "Clarity on the mayor's authority to sign this term sheet by adding that he can commit to the content of the term sheet but cannot commit to the use of any specific funding source.", "speaker": "Sameer Kanal" }, { "id": "cue-861", "start": 4876.472, "end": 4882.36, "text": "Clarity on the city administrator's authority to negotiate to get something based on this framework but cannot commit to any specific funding source.", "speaker": "Sameer Kanal" }, { "id": "cue-862", "start": 4882.729, "end": 4886.082, "text": "And an addition of a clause which says that we're committed to some return on investment.", "speaker": "Sameer Kanal" }, { "id": "cue-863", "start": 4886.419, "end": 4887.991, "text": "Last week I said that this was the bare minimum.", "speaker": "Sameer Kanal" }, { "id": "cue-864", "start": 4888.12, "end": 4890.703, "text": "I'm grateful not only for the general things, but specifically that this was included.", "speaker": "Sameer Kanal" }, { "id": "cue-865", "start": 4890.751, "end": 4890.927, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-866", "start": 4892.195, "end": 4896.671, "text": "The term sheet amendments include a note that the joint authority has final approval over how the public dollars are spent.", "speaker": "Sameer Kanal" }, { "id": "cue-867", "start": 4896.928, "end": 4908.286, "text": "This in and of itself does not solve any problem, but it is half of a solution, the other half of which will be ensuring council has a direct voice in choosing, not just rubber stamping, who is on the joint authority, and ideally serving on it ourselves.", "speaker": "Sameer Kanal" }, { "id": "cue-868", "start": 4909.105, "end": 4916.469, "text": "It notes the development rights are with the city, that a commitment to the benefits not only supporting the Blazers but other tenants like the Fire for the first time in ask for rent.", "speaker": "Sameer Kanal" }, { "id": "cue-869", "start": 4916.613, "end": 4916.725, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-870", "start": 4917.448, "end": 4935.974, "text": "Clear language on cost overruns being privately funded, annual reports on compliance with community benefits agreements, which will create transparency and trust on that side of the deal, the addition of more community partners for community redevelopment so that in addition to Albina Vision Trust, we're also asking for collaboration with the Strengthen Our Communities Coalition, Elevate Oregon, and the Heller School.", "speaker": "Sameer Kanal" }, { "id": "cue-871", "start": 4936.568, "end": 4941.994, "text": "Finally, it asks for a commitment from the Blazers to continue their charitable donations, which I think they do anyway, but can't hurt to include.", "speaker": "Sameer Kanal" }, { "id": "cue-872", "start": 4942.572, "end": 4943.487, "text": "There are also some technical things.", "speaker": "Sameer Kanal" }, { "id": "cue-873", "start": 4943.535, "end": 4943.679, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-874", "start": 4944.033, "end": 4945.848, "text": "These are all good things in my view.", "speaker": "Sameer Kanal" }, { "id": "cue-875", "start": 4946.363, "end": 4949.865, "text": "My goal is to consider each amendment today not for what it could be, but for what it is.", "speaker": "Sameer Kanal" }, { "id": "cue-876", "start": 4950.058, "end": 4959.522, "text": "And then once we decide on each amendment, look at the overall package and decide if we've gotten far enough to earn my support or not, or if there's something else that we can do that hasn't yet been proposed to make it a little better each time.", "speaker": "Sameer Kanal" }, { "id": "cue-877", "start": 4960.245, "end": 4963.877, "text": "So on these 2 amendment packages, I'll be voting yes, and I'd ask colleagues to do the same.", "speaker": "Sameer Kanal" }, { "id": "cue-878", "start": 4964.037, "end": 4964.375, "text": "Thanks.", "speaker": "Sameer Kanal" }, { "id": "cue-879", "start": 4965.002, "end": 4965.885, "text": "Thank you, Councilor Kanal.", "speaker": "Jamie Dunphy" }, { "id": "cue-880", "start": 4966.046, "end": 4966.737, "text": "Thank you, colleagues.", "speaker": "Jamie Dunphy" }, { "id": "cue-881", "start": 4966.994, "end": 4972.491, "text": "Now we are in council discussion, both technical and Just open discussion of the amendments as moved.", "speaker": "Jamie Dunphy" }, { "id": "cue-882", "start": 4972.879, "end": 4973.542, "text": "Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-883", "start": 4974.253, "end": 4975.32, "text": "Thank you, Mr. President.", "speaker": "Steve Novick" }, { "id": "cue-884", "start": 4976.84, "end": 4991.404, "text": "Assuming that— I know that it's 3% or CPI, whichever is less, but assuming that there is a 3% increase in the $2 million in rent over 20 years, what would that work out to in nominal dollars over the course of 20 years?", "speaker": "Steve Novick" }, { "id": "cue-885", "start": 4992.825, "end": 4995.443, "text": "Councilor, that was— it's about approximately $45 million.", "speaker": "Donnie Oliveira" }, { "id": "cue-886", "start": 4996.062, "end": 4997.364, "text": "Approximately.", "speaker": "Donnie Oliveira" }, { "id": "cue-887", "start": 4997.573, "end": 5009.078, "text": "Um, and, uh, also going back to the payment in lieu of taxes, um, what do we think that that will come out to in nominal dollars over the course of 20 years, the city's share of it?", "speaker": "Steve Novick" }, { "id": "cue-888", "start": 5009.737, "end": 5012.388, "text": "It's approximately $95 to $100 million.", "speaker": "Donnie Oliveira" }, { "id": "cue-889", "start": 5012.452, "end": 5013.111, "text": "The city's share?", "speaker": "Donnie Oliveira" }, { "id": "cue-890", "start": 5013.256, "end": 5014.091, "text": "Oh, sorry, the city's share.", "speaker": "Donnie Oliveira" }, { "id": "cue-891", "start": 5015.57, "end": 5017.964, "text": "I think we'll need to negotiate that with our colleagues at the county.", "speaker": "Donnie Oliveira" }, { "id": "cue-892", "start": 5018.318, "end": 5020.776, "text": "But if it's a third, then it's around $33 million.", "speaker": "Steve Novick" }, { "id": "cue-893", "start": 5020.889, "end": 5021.419, "text": "Yeah, sorry.", "speaker": "Steve Novick" }, { "id": "cue-894", "start": 5021.998, "end": 5022.321, "text": "Thank you.", "speaker": "Steve Novick" }, { "id": "cue-895", "start": 5024.818, "end": 5025.623, "text": "Thank you, Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-896", "start": 5025.72, "end": 5026.976, "text": "Councilor Morillo.", "speaker": "Jamie Dunphy" }, { "id": "cue-897", "start": 5027.653, "end": 5028.12, "text": "Thank you.", "speaker": "Angelita Morillo" }, { "id": "cue-898", "start": 5028.765, "end": 5031.564, "text": "And are we just in clarifying questions or everything?", "speaker": "Angelita Morillo" }, { "id": "cue-899", "start": 5031.902, "end": 5032.994, "text": "Everything for the amendments.", "speaker": "Jamie Dunphy" }, { "id": "cue-900", "start": 5033.284, "end": 5033.444, "text": "Okay.", "speaker": "Jamie Dunphy" }, { "id": "cue-901", "start": 5033.589, "end": 5036.834, "text": "To the amendments though, specifically, but clarifying and discussion.", "speaker": "Jamie Dunphy" }, { "id": "cue-902", "start": 5037.059, "end": 5038.103, "text": "Okay.", "speaker": "Angelita Morillo" }, { "id": "cue-903", "start": 5038.666, "end": 5045.106, "text": "I'm wondering where the number for the rent came from or how you decided, how you landed on that number, if you can explain that to us.", "speaker": "Angelita Morillo" }, { "id": "cue-904", "start": 5049.11, "end": 5049.352, "text": "Sure.", "speaker": "Unidentified speaker" }, { "id": "cue-905", "start": 5049.789, "end": 5054.045, "text": "Uh, we looked at, uh, what was out there in the industry.", "speaker": "Unidentified speaker" }, { "id": "cue-906", "start": 5054.239, "end": 5056.149, "text": "We looked at what would be reasonable.", "speaker": "Unidentified speaker" }, { "id": "cue-907", "start": 5056.63, "end": 5060.561, "text": "We looked at what the county did, and that's how we determined the rent number.", "speaker": "Unidentified speaker" }, { "id": "cue-908", "start": 5061.356, "end": 5063.013, "text": "We wanted to be aligned with the county.", "speaker": "Unidentified speaker" }, { "id": "cue-909", "start": 5065.879, "end": 5070.109, "text": "Okay, but we're not aligned with the county on some other things.", "speaker": "Angelita Morillo" }, { "id": "cue-910", "start": 5073.082, "end": 5083.936, "text": "There are things that the county put in their resolution that are more city-county relational conversations, less Blazers-focused.", "speaker": "Donnie Oliveira" }, { "id": "cue-911", "start": 5087.413, "end": 5087.591, "text": "Okay.", "speaker": "Angelita Morillo" }, { "id": "cue-912", "start": 5088.528, "end": 5100.521, "text": "I mean, I think that the conflicts of things that they have promised to certain groups on the deal are going to be a conflict that the city has to address as well, because some of our amendments to the term sheet directly conflict with that.", "speaker": "Angelita Morillo" }, { "id": "cue-913", "start": 5101.901, "end": 5103.379, "text": "But I understand that.", "speaker": "Angelita Morillo" }, { "id": "cue-914", "start": 5103.525, "end": 5103.769, "text": "Okay.", "speaker": "Angelita Morillo" }, { "id": "cue-915", "start": 5106.493, "end": 5114.804, "text": "I would have preferred a more rigorous analysis for the rent decision since it was one of the biggest asks that we have up here.", "speaker": "Angelita Morillo" }, { "id": "cue-916", "start": 5117.993, "end": 5121.255, "text": "Thankful for my colleagues who brought up amendments last week.", "speaker": "Angelita Morillo" }, { "id": "cue-917", "start": 5122.943, "end": 5124.42, "text": "I appreciate your efforts.", "speaker": "Angelita Morillo" }, { "id": "cue-918", "start": 5125.408, "end": 5126.45, "text": "Our efforts, really.", "speaker": "Angelita Morillo" }, { "id": "cue-919", "start": 5126.71, "end": 5130.614, "text": "And it is because of that that this term sheet is going to be improved.", "speaker": "Angelita Morillo" }, { "id": "cue-920", "start": 5131.252, "end": 5143.327, "text": "And thank you to the advocates for pushing us to bring all of those things and for all of the, frankly, free labor and research that the community did to get us to a much better position, because we wouldn't have been here without you.", "speaker": "Angelita Morillo" }, { "id": "cue-921", "start": 5144.736, "end": 5150.291, "text": "And I am glad everyone got a chance to give a big speech now that they cannibalized our amendments from last week.", "speaker": "Angelita Morillo" }, { "id": "cue-922", "start": 5150.388, "end": 5153.881, "text": "But whatever it takes to get people to a better deal, that's fine with me.", "speaker": "Angelita Morillo" }, { "id": "cue-923", "start": 5154.059, "end": 5156.036, "text": "I'd rather get that done now.", "speaker": "Angelita Morillo" }, { "id": "cue-924", "start": 5160.399, "end": 5166.705, "text": "I have a lot to say, but I think I will— I will say, as far as the amendments go, this is definitely better.", "speaker": "Angelita Morillo" }, { "id": "cue-925", "start": 5167.252, "end": 5171.964, "text": "So thank you to my colleagues who brought those forward, and thank you for being responsive to that.", "speaker": "Angelita Morillo" }, { "id": "cue-926", "start": 5174.26, "end": 5180.927, "text": "It is because of the tireless efforts of community members and of some members of this body that this is being improved at all.", "speaker": "Angelita Morillo" }, { "id": "cue-927", "start": 5182.417, "end": 5190.75, "text": "And I will say, even with these changes, renowned economists who focus on this issue are still calling it the worst deal of all time.", "speaker": "Angelita Morillo" }, { "id": "cue-928", "start": 5193.286, "end": 5212.81, "text": "And we as a council body can sit up here and talk about the 8-year-olds who live in our hearts who love the Blazers all we want, but those kids in reality can't eat because they don't have school lunches because we have chosen as a state to fund a billionaire over their school lunches.", "speaker": "Angelita Morillo" }, { "id": "cue-929", "start": 5213.246, "end": 5218.59, "text": "And I say that as someone who was a SNAP policy advocate before I became a city councilor who worked on those issues.", "speaker": "Angelita Morillo" }, { "id": "cue-930", "start": 5220.68, "end": 5225.706, "text": "The one thing that is missing from these amendments is the Green-Avalos 1 amendment.", "speaker": "Angelita Morillo" }, { "id": "cue-931", "start": 5226.595, "end": 5240.404, "text": "That one, to me, was actually the most critical of all because it would have strengthened council and joint authority oversight powers and removed a commitment of $275 million of city funds to post-renovation capital projects.", "speaker": "Angelita Morillo" }, { "id": "cue-932", "start": 5241.142, "end": 5246.875, "text": "The freed-up money could have then been used to fund the city's $120 million upfront renovation contribution.", "speaker": "Angelita Morillo" }, { "id": "cue-933", "start": 5248.272, "end": 5267.437, "text": "And so to put that in simpler terms, it's essentially saying that we didn't want to sign a blank check of $275 million for projects that haven't been justified or even identified yet, especially when we are already committing To $120 million upfront at a time when the city is gutting core services.", "speaker": "Angelita Morillo" }, { "id": "cue-934", "start": 5268.511, "end": 5279.924, "text": "Nothing stops management from coming to the city joint authority at any time to ask for funding for clearly defined and justified projects, where we can then publicly debate the merits and trade-offs of that funding.", "speaker": "Angelita Morillo" }, { "id": "cue-935", "start": 5280.597, "end": 5293.057, "text": "But the idea that we would write a blank check of $275 million for undefined expenses without even considering if or how the Blazers would contribute is pretty outrageous to me.", "speaker": "Angelita Morillo" }, { "id": "cue-936", "start": 5294.085, "end": 5307.69, "text": "And if we weren't committing this $275 million now for these undefined projects with no defined Blazers contribution, we would be able to bond against it for our $120 million upfront contribution.", "speaker": "Angelita Morillo" }, { "id": "cue-937", "start": 5308.365, "end": 5316.219, "text": "This means that we wouldn't have to cut into the Portland Clean Energy Fund or the general fund or break our parks levy promise or cut police.", "speaker": "Angelita Morillo" }, { "id": "cue-938", "start": 5316.952, "end": 5326.528, "text": "So by doing the responsible thing and not writing a blank check for undefined projects, we would be rewarded later because we wouldn't have to cut core services.", "speaker": "Angelita Morillo" }, { "id": "cue-939", "start": 5328.077, "end": 5333.466, "text": "And it is not lost on me that the other amendment that didn't make it into this package was Morillo 1.", "speaker": "Angelita Morillo" }, { "id": "cue-940", "start": 5334.386, "end": 5335.435, "text": "And what did that one do?", "speaker": "Angelita Morillo" }, { "id": "cue-941", "start": 5335.983, "end": 5338.52, "text": "It was one of the most basic amendments I could have brought forward.", "speaker": "Angelita Morillo" }, { "id": "cue-942", "start": 5338.908, "end": 5343.47, "text": "It was asking for the city's budget office councilor Smith.", "speaker": "Angelita Morillo" }, { "id": "cue-943", "start": 5343.534, "end": 5348.78, "text": "I asked for the City Budget Office to bring us a report 30 days before council is supposed to commit to financials on this.", "speaker": "Angelita Morillo" }, { "id": "cue-944", "start": 5349.534, "end": 5350.544, "text": "That's all I asked for.", "speaker": "Angelita Morillo" }, { "id": "cue-945", "start": 5351.234, "end": 5361.181, "text": "I asked for if we are going to take money from this, if we're going to do bonds, is that going to impact the Sidewalk Improvement Plan, SIP, that we all voted for to fund with bonds, by the way?", "speaker": "Angelita Morillo" }, { "id": "cue-946", "start": 5361.485, "end": 5363.314, "text": "We cannot endlessly create bonds.", "speaker": "Angelita Morillo" }, { "id": "cue-947", "start": 5364.068, "end": 5366.475, "text": "There is a limited amount of revenue to move in the city.", "speaker": "Angelita Morillo" }, { "id": "cue-948", "start": 5367.678, "end": 5370.844, "text": "We cannot endlessly target the general fund.", "speaker": "Angelita Morillo" }, { "id": "cue-949", "start": 5371.102, "end": 5375.769, "text": "We have already cut $160 million from it and laid off a bunch of services and employees.", "speaker": "Angelita Morillo" }, { "id": "cue-950", "start": 5378.046, "end": 5383.854, "text": "So what's going to happen, because I think what was really the stickler with Morillo 1 was the 30-day deadline.", "speaker": "Angelita Morillo" }, { "id": "cue-951", "start": 5385.266, "end": 5393.783, "text": "I am telling you now, I'm going to call it right now, council is not going to be told about what the options are until the day before we have to vote on this.", "speaker": "Angelita Morillo" }, { "id": "cue-952", "start": 5394.523, "end": 5398.565, "text": "And we're going to be told, whoopsies, we don't have the money, you're going to have to take it from the Portland Clean Energy Fund.", "speaker": "Angelita Morillo" }, { "id": "cue-953", "start": 5398.614, "end": 5398.924, "text": "Councilor Loretta Smith.", "speaker": "Angelita Morillo" }, { "id": "cue-954", "start": 5399.902, "end": 5411.412, "text": "Because if we had time to examine this 30 days before, we would probably argue with you and try to find different options and not touch the things that the community has held sacred.", "speaker": "Angelita Morillo" }, { "id": "cue-955", "start": 5411.861, "end": 5412.406, "text": "Okay.", "speaker": "Angelita Morillo" }, { "id": "cue-956", "start": 5412.967, "end": 5425.519, "text": "So the 2 amendments that I think are really critical for council information and to actually concretely get us a good deal did not make it in this, and that was Morillo 1 and that was Green-Avalos 1.", "speaker": "Angelita Morillo" }, { "id": "cue-957", "start": 5426.852, "end": 5437.553, "text": "So I will definitely be supportive of these packages because it's an improvement, but make no mistake that this is not a good deal.", "speaker": "Angelita Morillo" }, { "id": "cue-958", "start": 5438.244, "end": 5440.14, "text": "This is still the worst deal in the country.", "speaker": "Angelita Morillo" }, { "id": "cue-959", "start": 5440.316, "end": 5445.924, "text": "We are still paying more than any other stadium is, and the public is getting fleeced.", "speaker": "Angelita Morillo" }, { "id": "cue-960", "start": 5446.824, "end": 5457.932, "text": "And for anyone to act like it is mature or it is a good governance thing To push this forward without doing our due diligence is not doing their due diligence.", "speaker": "Angelita Morillo" }, { "id": "cue-961", "start": 5459.19, "end": 5459.803, "text": "And I'll leave it at that.", "speaker": "Angelita Morillo" }, { "id": "cue-962", "start": 5460.862, "end": 5461.811, "text": "Thank you, Councilor Morillo.", "speaker": "Jamie Dunphy" }, { "id": "cue-963", "start": 5462.212, "end": 5462.679, "text": "Councilor Green.", "speaker": "Jamie Dunphy" }, { "id": "cue-964", "start": 5465.459, "end": 5467.693, "text": "Thank you, Mr. President.", "speaker": "Mitch Green" }, { "id": "cue-965", "start": 5467.999, "end": 5475.554, "text": "First of all, I just want to say that the sort of combined set of packages is a significant improvement from where we started.", "speaker": "Mitch Green" }, { "id": "cue-966", "start": 5476.166, "end": 5492.479, "text": "So thank you for whoever heard us on that, but I want to note that I know that some of my colleagues, maybe some folks in the administration, maybe some in the public are frustrated that some of us put up those amendments, but it was because we put up those amendments that we saw this improvement.", "speaker": "Mitch Green" }, { "id": "cue-967", "start": 5494.291, "end": 5494.937, "text": "Full stop.", "speaker": "Mitch Green" }, { "id": "cue-968", "start": 5496.132, "end": 5504.481, "text": "And I appreciate Councilor Pirtle-Guiney for your explanation of why you were silent and didn't engage with the amendments last time.", "speaker": "Mitch Green" }, { "id": "cue-969", "start": 5504.53, "end": 5504.644, "text": "Thank you.", "speaker": "Mitch Green" }, { "id": "cue-970", "start": 5504.73, "end": 5506.66, "text": "At least you've explained yourself.", "speaker": "Mitch Green" }, { "id": "cue-971", "start": 5507.03, "end": 5508.02, "text": "I don't agree with that.", "speaker": "Mitch Green" }, { "id": "cue-972", "start": 5508.97, "end": 5516.91, "text": "But I would like to understand why this was a sort of— what was the thinking behind this being like a District 2 delegation type of thing?", "speaker": "Mitch Green" }, { "id": "cue-973", "start": 5516.91, "end": 5527.93, "text": "Because Councilor Ryan didn't engage at all and sent out in his newsletter that, like, quote, we blocked all the amendments, and sort of bragging for that, suggesting that there was kind of a coordinated block there.", "speaker": "Mitch Green" }, { "id": "cue-974", "start": 5527.93, "end": 5529.91, "text": "So I'm just curious what the thinking was.", "speaker": "Mitch Green" }, { "id": "cue-975", "start": 5529.91, "end": 5531.45, "text": "Why are those councilors now supporting this?", "speaker": "Mitch Green" }, { "id": "cue-976", "start": 5531.45, "end": 5531.59, "text": "Well, I think that's a good question.", "speaker": "Loretta Smith" }, { "id": "cue-977", "start": 5532.528, "end": 5536.68, "text": "Does anyone want to answer that?", "speaker": "Mitch Green" }, { "id": "cue-978", "start": 5537.439, "end": 5541.058, "text": "Councilor, I'm happy to speak to my, my own position.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-979", "start": 5541.155, "end": 5544.194, "text": "I can't speak to why others are there.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-980", "start": 5544.873, "end": 5558.318, "text": "Um, and I think I was clear last week and have been in the interceding week that I take seriously making sure we have the strongest position at the table.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-981", "start": 5559.896, "end": 5560.768, "text": "Table.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-982", "start": 5561.608, "end": 5570.603, "text": "And for better or worse, what we have are our negotiating team, our experts, to tell us what they think they can do with things at the table.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-983", "start": 5571.442, "end": 5572.314, "text": "I wanted to hear from them.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-984", "start": 5573.622, "end": 5578.11, "text": "The fact that we hadn't heard from them last week left me not able to support things.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-985", "start": 5578.158, "end": 5589.661, "text": "The fact that we have heard from them now saying that they think that they can bring this to the table and have the strongest position led me to say I'm happy to lend my support here.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-986", "start": 5590.496, "end": 5617.495, "text": "And in order to be honest in what I said last week, I wanted to make that abundantly clear, to not just sit back and at the end make my vote, but to say I have heard from folks now, and therefore I want to step forward and suggest that this Is the right path for us to take, that this is the right decision to have the strongest position for our city.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-987", "start": 5618.441, "end": 5623.477, "text": "And was there an idea that because the Moda Center is in District 2, it should be the District 2 councilors?", "speaker": "Mitch Green" }, { "id": "cue-988", "start": 5624.231, "end": 5624.6, "text": "That was mine.", "speaker": "Jamie Dunphy" }, { "id": "cue-989", "start": 5624.953, "end": 5625.754, "text": "That was my request.", "speaker": "Jamie Dunphy" }, { "id": "cue-990", "start": 5626.139, "end": 5635.778, "text": "It is a guiding philosophy for my work as council president that I choose not to intervene or lead on efforts that don't include the councilors for where something is physically located.", "speaker": "Jamie Dunphy" }, { "id": "cue-991", "start": 5636.002, "end": 5642.431, "text": "And it felt really important to me to demonstrate to both the public and to my colleagues that this is centered in District 2.", "speaker": "Jamie Dunphy" }, { "id": "cue-992", "start": 5643.297, "end": 5651.024, "text": "And I wanted to demonstrate to the full public that this is council moving forward in a collaborative way.", "speaker": "Jamie Dunphy" }, { "id": "cue-993", "start": 5651.505, "end": 5654.951, "text": "So that was my intent of inviting all of the District 2 councilors to join.", "speaker": "Jamie Dunphy" }, { "id": "cue-994", "start": 5655.015, "end": 5656.186, "text": "So it was your invitation?", "speaker": "Mitch Green" }, { "id": "cue-995", "start": 5656.362, "end": 5656.811, "text": "Absolutely.", "speaker": "Jamie Dunphy" }, { "id": "cue-996", "start": 5656.859, "end": 5657.099, "text": "Okay.", "speaker": "Mitch Green" }, { "id": "cue-997", "start": 5657.58, "end": 5658.911, "text": "I appreciate that.", "speaker": "Mitch Green" }, { "id": "cue-998", "start": 5659.905, "end": 5663.239, "text": "Do either of you want to say anything?", "speaker": "Mitch Green" }, { "id": "cue-999", "start": 5663.592, "end": 5664.415, "text": "Thanks, Councilor Green.", "speaker": "Dan Ryan" }, { "id": "cue-1000", "start": 5664.479, "end": 5670.321, "text": "Yeah, similar to Councilor Pirtle-Guiney, I wanted to make sure our negotiating team was set up with an opportunity to win.", "speaker": "Dan Ryan" }, { "id": "cue-1001", "start": 5670.869, "end": 5671.579, "text": "Okay, thanks.", "speaker": "Dan Ryan" }, { "id": "cue-1002", "start": 5672.064, "end": 5674.237, "text": "I've been consistent with that for months.", "speaker": "Dan Ryan" }, { "id": "cue-1003", "start": 5674.414, "end": 5675.072, "text": "Okay, thanks.", "speaker": "Dan Ryan" }, { "id": "cue-1004", "start": 5677.354, "end": 5680.905, "text": "Yeah, uh, obviously I supported all this stuff last week.", "speaker": "Sameer Kanal" }, { "id": "cue-1005", "start": 5681.13, "end": 5682.594, "text": "I wanted to make sure it could pass this week.", "speaker": "Sameer Kanal" }, { "id": "cue-1006", "start": 5683.096, "end": 5684.409, "text": "All right, thanks.", "speaker": "Unidentified speaker" }, { "id": "cue-1007", "start": 5684.458, "end": 5685.478, "text": "I wanted to give you guys that courtesy.", "speaker": "Unidentified speaker" }, { "id": "cue-1008", "start": 5689.764, "end": 5713.684, "text": "I think the challenge that I have with that methodology, although I hear your position, I really do, is that we can't do this negotiation and come to a consensus position behind closed doors because this is a resolution, this is a council action, and under Oregon public meeting law, we cannot settle the question that way.", "speaker": "Mitch Green" }, { "id": "cue-1009", "start": 5714.407, "end": 5724.547, "text": "And so the way that we do this the negotiating team needs to know our starting position so they can go behind closed doors.", "speaker": "Mitch Green" }, { "id": "cue-1010", "start": 5725.94, "end": 5730.192, "text": "And in order for the public to know what their councilors are fighting for, we have to do it up here.", "speaker": "Mitch Green" }, { "id": "cue-1011", "start": 5731.029, "end": 5741.174, "text": "And so I hear, I hear you all on your strategic thinking on making sure that we broker this with the negotiating team, but that I think sets up a pretty dangerous situation for us.", "speaker": "Mitch Green" }, { "id": "cue-1012", "start": 5741.222, "end": 5741.335, "text": "Thank you.", "speaker": "Mitch Green" }, { "id": "cue-1013", "start": 5742.55, "end": 5764.607, "text": "I don't want us to go down this road where we essentially pay short shrift to the deliberative process up here, say no, block amendments, and then huddle behind closed doors and bring together a package that sort of says this is the will of the body.", "speaker": "Mitch Green" }, { "id": "cue-1014", "start": 5765.188, "end": 5766.721, "text": "That can't happen again.", "speaker": "Mitch Green" }, { "id": "cue-1015", "start": 5766.802, "end": 5767.189, "text": "Thank you, Mayor.", "speaker": "Mitch Green" }, { "id": "cue-1016", "start": 5770.987, "end": 5775.199, "text": "That being said, I want to speak to the amendments on the floor.", "speaker": "Mitch Green" }, { "id": "cue-1017", "start": 5777.11, "end": 5780.474, "text": "Like I said, I think that they're a significant improvement.", "speaker": "Mitch Green" }, { "id": "cue-1018", "start": 5780.523, "end": 5782.528, "text": "I want to speak directly to the rent clause.", "speaker": "Mitch Green" }, { "id": "cue-1019", "start": 5782.625, "end": 5789.766, "text": "I want to thank Councilor Avalos for cooking this up and asking for it and putting it in there.", "speaker": "Mitch Green" }, { "id": "cue-1020", "start": 5789.814, "end": 5793.315, "text": "And I want to note that your original language did leave the negotiating team quite a lot of discretion.", "speaker": "Mitch Green" }, { "id": "cue-1021", "start": 5793.38, "end": 5793.477, "text": "Thank you.", "speaker": "Mitch Green" }, { "id": "cue-1022", "start": 5795.806, "end": 5802.522, "text": "And so I think in the spirit of making sure our team is successful, I think you hit the mark with that your first time.", "speaker": "Mitch Green" }, { "id": "cue-1023", "start": 5803.796, "end": 5808.465, "text": "And so the number there, $2 million and 3%, those are largely arbitrary.", "speaker": "Mitch Green" }, { "id": "cue-1024", "start": 5808.723, "end": 5815.201, "text": "I understand, Mr. Hirsch, you said you've kind of looked at the market and kind of did a gut check on what's out there.", "speaker": "Mitch Green" }, { "id": "cue-1025", "start": 5815.282, "end": 5817.66, "text": "But that is— this is not a liquid market.", "speaker": "Mitch Green" }, { "id": "cue-1026", "start": 5817.854, "end": 5819.116, "text": "There's no price discovery in a market like this.", "speaker": "Mitch Green" }, { "id": "cue-1027", "start": 5819.181, "end": 5819.699, "text": "I think it's a good starting point.", "speaker": "Mitch Green" }, { "id": "cue-1028", "start": 5819.79, "end": 5824.63, "text": "These are all just 1 or 2 data points, and these are sort of kind of gut checks.", "speaker": "Mitch Green" }, { "id": "cue-1029", "start": 5826.29, "end": 5830.74, "text": "And so at this point, colleagues, I think the— and by the way, I want to correct the record.", "speaker": "Mitch Green" }, { "id": "cue-1030", "start": 5830.89, "end": 5838.37, "text": "Donnie, you said— Deputy City Administrator Oliveira, you said that it was $43 million or $45 million maybe with interest or with the escalation rate.", "speaker": "Mitch Green" }, { "id": "cue-1031", "start": 5838.37, "end": 5840.97, "text": "It's $53 million with compound growth.", "speaker": "Mitch Green" }, { "id": "cue-1032", "start": 5840.97, "end": 5841.99, "text": "Thank you for correcting that.", "speaker": "Donnie Oliveira" }, { "id": "cue-1033", "start": 5842.67, "end": 5844.29, "text": "That was back of the envelope, but yeah, thank you for correcting that.", "speaker": "Donnie Oliveira" }, { "id": "cue-1034", "start": 5844.29, "end": 5844.87, "text": "Gotcha.", "speaker": "Mitch Green" }, { "id": "cue-1035", "start": 5844.87, "end": 5845.29, "text": "That's okay.", "speaker": "Mitch Green" }, { "id": "cue-1036", "start": 5845.963, "end": 5846.971, "text": "I did the math too.", "speaker": "Mitch Green" }, { "id": "cue-1037", "start": 5847.524, "end": 5849.068, "text": "So that's better.", "speaker": "Mitch Green" }, { "id": "cue-1038", "start": 5849.23, "end": 5855.741, "text": "That's actually much better for the public than $40 million plus $3 million.", "speaker": "Mitch Green" }, { "id": "cue-1039", "start": 5856.13, "end": 5865.548, "text": "And if you took it, if you looked at, well, let me just, I'm not gonna go into the weeds on the spreadsheet much longer, but I will note that that's an improvement, but these are still largely arbitrary.", "speaker": "Mitch Green" }, { "id": "cue-1040", "start": 5866.252, "end": 5868.583, "text": "And so at this point, I'd move to amend this amendment.", "speaker": "Mitch Green" }, { "id": "cue-1041", "start": 5868.761, "end": 5871.302, "text": "I think it's Pirtle-Guiney 2, or no, it's— 3.", "speaker": "Mitch Green" }, { "id": "cue-1042", "start": 5871.42, "end": 5875.398, "text": "Dunphy, Pirtle-Guiney, Ryan, Kanal.", "speaker": "Mitch Green" }, { "id": "cue-1043", "start": 5875.462, "end": 5877.66, "text": "Yeah, Dunphy, Pirtle-Guiney, Ryan, Kanal.", "speaker": "Mitch Green" }, { "id": "cue-1044", "start": 5878.27, "end": 5881.158, "text": "Let's see here, 2, which is the actual term sheet.", "speaker": "Mitch Green" }, { "id": "cue-1045", "start": 5881.783, "end": 5903.123, "text": "And on page 3, I think is where the language on the— no, page 4 is the language on the rent, which reads, Rip City will pay rent in the amount of $2 million during each year of the term, escalated by CPI-W, which is, Clerical workers and urban workers index, um, or 3%, whichever is less.", "speaker": "Mitch Green" }, { "id": "cue-1046", "start": 5903.316, "end": 5907.007, "text": "Uh, I'm going to move that language to read instead, and I'll send this to the clerk.", "speaker": "Mitch Green" }, { "id": "cue-1047", "start": 5907.087, "end": 5908.227, "text": "I'll send this to all of you as well.", "speaker": "Mitch Green" }, { "id": "cue-1048", "start": 5908.291, "end": 5909.222, "text": "I'm doing this on the fly.", "speaker": "Mitch Green" }, { "id": "cue-1049", "start": 5910.025, "end": 5923.234, "text": "Um, Rip City will pay rent in the amount of $2 million during each year of the term, escalated by the maximum allowable rate established annually by the Oregon Department of Administrative Services yes.", "speaker": "Mitch Green" }, { "id": "cue-1050", "start": 5923.282, "end": 5927.072, "text": "This is pursuant to Oregon Revised Statute 90-324.", "speaker": "Mitch Green" }, { "id": "cue-1051", "start": 5927.137, "end": 5930.028, "text": "And colleagues, that is the Oregon Rent Stabilization Act.", "speaker": "Mitch Green" }, { "id": "cue-1052", "start": 5930.526, "end": 5937.143, "text": "So there's already a methodology that establishes the maximum rate at which you can raise rent for Oregonians.", "speaker": "Mitch Green" }, { "id": "cue-1053", "start": 5938.123, "end": 5945.383, "text": "And I think that we should key it to that because one, we have something to hang our hat on.", "speaker": "Mitch Green" }, { "id": "cue-1054", "start": 5946.394, "end": 5954.024, "text": "And two, I don't know why we would charge Rip City Management we would give them a better rent control deal than we're giving Portlanders, Portland tenants.", "speaker": "Mitch Green" }, { "id": "cue-1055", "start": 5954.892, "end": 5958.32, "text": "53% Of my constituents are renters in District 4.", "speaker": "Mitch Green" }, { "id": "cue-1056", "start": 5959.258, "end": 5972.23, "text": "And if we can't do rent control at the City of Portland because the state has preempted us at a 7% plus CPI rent, which is, which is deplorable, then why, why would we give Dundon a better deal than that?", "speaker": "Mitch Green" }, { "id": "cue-1057", "start": 5972.535, "end": 5974.222, "text": "So I think that's quite reasonable.", "speaker": "Mitch Green" }, { "id": "cue-1058", "start": 5974.319, "end": 5987.949, "text": "In fact, it It creates an incentive structure for if we adopt this term sheet and we adopt some definitive agreements, then maybe RIP City management, maybe Tom Dundon, can lobby the state legislature to lower the rent cap and do a more aggressive rent control body.", "speaker": "Mitch Green" }, { "id": "cue-1059", "start": 5988.014, "end": 5990.737, "text": "And that will lower his exposure and give a gift to tenants.", "speaker": "Mitch Green" }, { "id": "cue-1060", "start": 5990.786, "end": 5992.521, "text": "So I will hope for a second on this.", "speaker": "Mitch Green" }, { "id": "cue-1061", "start": 5992.699, "end": 5993.039, "text": "Second.", "speaker": "Olivia Clark" }, { "id": "cue-1062", "start": 5993.428, "end": 5993.768, "text": "Thanks.", "speaker": "Unidentified speaker" }, { "id": "cue-1063", "start": 5996.118, "end": 6007.627, "text": "Councilor Green moves, uh, the Green Amendment to Dunphy, Pirtle, Gueaney, Kanal, Ryan 2, and Councilor Avalos seconds.", "speaker": "Jamie Dunphy" }, { "id": "cue-1064", "start": 6008.694, "end": 6012.22, "text": "Colleagues, discussion to the, uh, the amendment to the amendment?", "speaker": "Jamie Dunphy" }, { "id": "cue-1065", "start": 6014.245, "end": 6015.032, "text": "Uh, Councilor Smith.", "speaker": "Jamie Dunphy" }, { "id": "cue-1066", "start": 6015.45, "end": 6015.948, "text": "Thank you.", "speaker": "Loretta Smith" }, { "id": "cue-1067", "start": 6016.655, "end": 6018.744, "text": "Um, thank you, Mr. President.", "speaker": "Loretta Smith" }, { "id": "cue-1068", "start": 6019.05, "end": 6020.823, "text": "Question for you, Councilor Green.", "speaker": "Loretta Smith" }, { "id": "cue-1069", "start": 6021.725, "end": 6031.679, "text": "Will this, this, this ordinance or this item that you just described Is that for commercial leases or residential leases?", "speaker": "Loretta Smith" }, { "id": "cue-1070", "start": 6033.074, "end": 6034.806, "text": "Thanks for the question.", "speaker": "Mitch Green" }, { "id": "cue-1071", "start": 6035.015, "end": 6038.575, "text": "This is only for the tenant in the Moda Center in this deal.", "speaker": "Mitch Green" }, { "id": "cue-1072", "start": 6039.008, "end": 6039.296, "text": "This is just—.", "speaker": "Mitch Green" }, { "id": "cue-1073", "start": 6039.312, "end": 6040.9, "text": "No, no, no, but you reference something.", "speaker": "Loretta Smith" }, { "id": "cue-1074", "start": 6041.477, "end": 6043.385, "text": "You reference something.", "speaker": "Loretta Smith" }, { "id": "cue-1075", "start": 6043.562, "end": 6048.597, "text": "Is that, is that in accordance with commercial leases or residential leases?", "speaker": "Loretta Smith" }, { "id": "cue-1076", "start": 6048.645, "end": 6054.644, "text": "It's in accordance with the residential methodology in ORS 90-3 what is it?", "speaker": "Mitch Green" }, { "id": "cue-1077", "start": 6055.031, "end": 6060.604, "text": "And so my question would be to— okay, so my question would be to, um, the legal counsel.", "speaker": "Loretta Smith" }, { "id": "cue-1078", "start": 6060.991, "end": 6068.917, "text": "If this is based off of residential units, and this is not a residential lease, this is a commercial lease, it would not apply.", "speaker": "Loretta Smith" }, { "id": "cue-1079", "start": 6070.724, "end": 6072.186, "text": "It's just a formula rate, Councilor.", "speaker": "Mitch Green" }, { "id": "cue-1080", "start": 6072.636, "end": 6075.206, "text": "They've, they've, they've added an arbitrary number here.", "speaker": "Mitch Green" }, { "id": "cue-1081", "start": 6075.303, "end": 6077.906, "text": "I'm also adding in a number as well.", "speaker": "Mitch Green" }, { "id": "cue-1082", "start": 6078.436, "end": 6081.664, "text": "Right, but you're using something that's based on a residential rate.", "speaker": "Loretta Smith" }, { "id": "cue-1083", "start": 6084.409, "end": 6086.957, "text": "Legal counsel, please advise.", "speaker": "Loretta Smith" }, { "id": "cue-1084", "start": 6087.39, "end": 6087.71, "text": "Sure.", "speaker": "Unidentified speaker" }, { "id": "cue-1085", "start": 6088.896, "end": 6091.652, "text": "Councilor, I think Councilor Green is correct.", "speaker": "Unidentified speaker" }, { "id": "cue-1086", "start": 6092.277, "end": 6096.699, "text": "He's asking that the amendment reference the statute.", "speaker": "Unidentified speaker" }, { "id": "cue-1087", "start": 6096.764, "end": 6105.096, "text": "We would not be able to apply the statute standing alone to a non-residential tenant.", "speaker": "Unidentified speaker" }, { "id": "cue-1088", "start": 6105.977, "end": 6110.818, "text": "What Councilor Green is doing is simply referencing That statute, obviously.", "speaker": "Unidentified speaker" }, { "id": "cue-1089", "start": 6110.866, "end": 6123.15, "text": "I understand that, but, yeah, but understand that you can't reference something to me about a commercial lease and, and make it apples to apples about a residential lease.", "speaker": "Loretta Smith" }, { "id": "cue-1090", "start": 6123.214, "end": 6124.978, "text": "So it is not appropriate.", "speaker": "Loretta Smith" }, { "id": "cue-1091", "start": 6126.406, "end": 6130.912, "text": "I, I don't opine on whether something is appropriate or inappropriate, but it—.", "speaker": "Unidentified speaker" }, { "id": "cue-1092", "start": 6130.912, "end": 6134.312, "text": "Well, I need you— I need your— I need your legal counsel.", "speaker": "Loretta Smith" }, { "id": "cue-1093", "start": 6134.44, "end": 6150.175, "text": "Is Robert here, because I need to understand if we're going to, if we're going to add an amendment based on something that's in ORS for a residential and we are trying to craft a commercial lease, it does not match up.", "speaker": "Loretta Smith" }, { "id": "cue-1094", "start": 6150.255, "end": 6157.609, "text": "You'll— you're never going to get those kind of same residential and commercial attributes in a, in a lease.", "speaker": "Loretta Smith" }, { "id": "cue-1095", "start": 6158.428, "end": 6159.889, "text": "I would agree with you on that.", "speaker": "Unidentified speaker" }, { "id": "cue-1096", "start": 6161.135, "end": 6169.427, "text": "That would be something obviously the Trailblazers would say, and that would be a significant argument that they would make.", "speaker": "Unidentified speaker" }, { "id": "cue-1097", "start": 6169.83, "end": 6176.16, "text": "That being said, I don't know what the commercial lease rate says.", "speaker": "Unidentified speaker" }, { "id": "cue-1098", "start": 6176.354, "end": 6176.917, "text": "Exactly.", "speaker": "Loretta Smith" }, { "id": "cue-1099", "start": 6176.998, "end": 6182.936, "text": "And if we're gonna talk about this, let's talk about some statutes that govern commercial leases.", "speaker": "Loretta Smith" }, { "id": "cue-1100", "start": 6183.534, "end": 6187.459, "text": "You're not gonna just spout anything to me and think that I'm gonna go for it.", "speaker": "Loretta Smith" }, { "id": "cue-1101", "start": 6188.779, "end": 6191.25, "text": "Um, go, go ahead.", "speaker": "Loretta Smith" }, { "id": "cue-1102", "start": 6191.924, "end": 6200.878, "text": "I, I just say it is very common in, uh, stadium and arena leases around the country that CPI is what is used to govern the increases.", "speaker": "Unidentified speaker" }, { "id": "cue-1103", "start": 6200.991, "end": 6201.296, "text": "Okay.", "speaker": "Loretta Smith" }, { "id": "cue-1104", "start": 6201.713, "end": 6204.922, "text": "It is in most cases, that's what it's in, and that's why we chose it.", "speaker": "Unidentified speaker" }, { "id": "cue-1105", "start": 6205.227, "end": 6211.983, "text": "And, and you cho— you chose that, but if that's the case, why did we have to put it in an amendment?", "speaker": "Loretta Smith" }, { "id": "cue-1106", "start": 6212.047, "end": 6213.764, "text": "Why didn't you put it there to begin with?", "speaker": "Loretta Smith" }, { "id": "cue-1107", "start": 6213.828, "end": 6216.333, "text": "We didn't have rent in the In the beginning, right?", "speaker": "Unidentified speaker" }, { "id": "cue-1108", "start": 6217.063, "end": 6220.312, "text": "So this is tied to the rent specifically.", "speaker": "Unidentified speaker" }, { "id": "cue-1109", "start": 6220.637, "end": 6222.017, "text": "And are you okay with it?", "speaker": "Loretta Smith" }, { "id": "cue-1110", "start": 6225.353, "end": 6227.47, "text": "Whether I'm okay with it doesn't matter.", "speaker": "Unidentified speaker" }, { "id": "cue-1111", "start": 6227.599, "end": 6231.897, "text": "As a starting position, I understand it, and, and we will work with it.", "speaker": "Unidentified speaker" }, { "id": "cue-1112", "start": 6233.82, "end": 6234.142, "text": "Right.", "speaker": "Loretta Smith" }, { "id": "cue-1113", "start": 6234.288, "end": 6243.452, "text": "For folks who may not have the ability to To even pay for their rent in the city of Portland.", "speaker": "Loretta Smith" }, { "id": "cue-1114", "start": 6243.934, "end": 6244.56, "text": "Thank you, Robert.", "speaker": "Loretta Smith" }, { "id": "cue-1115", "start": 6244.881, "end": 6249.923, "text": "Could you take a seat and, and help me out here for a second?", "speaker": "Loretta Smith" }, { "id": "cue-1116", "start": 6251.304, "end": 6263.362, "text": "Um, what I'm trying to— what I'm trying to make sure is that if we're going to discuss this, that we should discuss it with things that, that are clear for me.", "speaker": "Loretta Smith" }, { "id": "cue-1117", "start": 6263.764, "end": 6268.144, "text": "And if that's what you normally do In leases for commercial leases.", "speaker": "Loretta Smith" }, { "id": "cue-1118", "start": 6268.801, "end": 6272.296, "text": "And that's what you're saying, that they use that in commercial leases as well?", "speaker": "Loretta Smith" }, { "id": "cue-1119", "start": 6272.488, "end": 6279.301, "text": "Yeah, these are all usually leases between teams or operating companies and municipalities.", "speaker": "Unidentified speaker" }, { "id": "cue-1120", "start": 6279.381, "end": 6282.091, "text": "CPI is usually what governs the rent.", "speaker": "Unidentified speaker" }, { "id": "cue-1121", "start": 6282.764, "end": 6287.605, "text": "And even though it says it's based on residential, it's not based on residential.", "speaker": "Loretta Smith" }, { "id": "cue-1122", "start": 6287.653, "end": 6288.615, "text": "Not based on residential.", "speaker": "Loretta Smith" }, { "id": "cue-1123", "start": 6288.84, "end": 6289.609, "text": "Well, that's what I asked him.", "speaker": "Loretta Smith" }, { "id": "cue-1124", "start": 6289.657, "end": 6294.909, "text": "It's based on the overall— I mean, Councilor Green's, uh, amendment.", "speaker": "Unidentified speaker" }, { "id": "cue-1125", "start": 6295.443, "end": 6296.574, "text": "But CPI—.", "speaker": "Unidentified speaker" }, { "id": "cue-1126", "start": 6296.574, "end": 6303.446, "text": "Yeah, so Robert, could you help me out to make sure that we're, we're being consistent?", "speaker": "Loretta Smith" }, { "id": "cue-1127", "start": 6308.03, "end": 6311.685, "text": "Hi, I'm sorry, it's City Attorney Taylor.", "speaker": "Loretta Smith" }, { "id": "cue-1128", "start": 6312.152, "end": 6313.344, "text": "Let me use this one.", "speaker": "Mitch Green" }, { "id": "cue-1129", "start": 6314.004, "end": 6315.566, "text": "Uh, hi, Robert Taylor, City Attorney.", "speaker": "Mitch Green" }, { "id": "cue-1130", "start": 6316.194, "end": 6322.132, "text": "So, uh, We would be entering into a contract with the tenant here at the Moda Center.", "speaker": "Donnie Oliveira" }, { "id": "cue-1131", "start": 6322.886, "end": 6325.453, "text": "They would be agreeing to pay us rent.", "speaker": "Donnie Oliveira" }, { "id": "cue-1132", "start": 6326.576, "end": 6330.378, "text": "And then the question is, how much is that rent going to be increased each year?", "speaker": "Donnie Oliveira" }, { "id": "cue-1133", "start": 6331.228, "end": 6337.613, "text": "And in that contract with the Blazers, we can set the rate of increase in contract.", "speaker": "Donnie Oliveira" }, { "id": "cue-1134", "start": 6338.672, "end": 6342.762, "text": "And you can choose to set that rate of increase and peg it to CPI.", "speaker": "Donnie Oliveira" }, { "id": "cue-1135", "start": 6343.003, "end": 6343.613, "text": "CPI.", "speaker": "Donnie Oliveira" }, { "id": "cue-1136", "start": 6344.764, "end": 6344.91, "text": "Right.", "speaker": "Donnie Oliveira" }, { "id": "cue-1137", "start": 6345.494, "end": 6350.567, "text": "Or you can peg it to some other number that's created.", "speaker": "Donnie Oliveira" }, { "id": "cue-1138", "start": 6352.737, "end": 6355.507, "text": "Councilor Green is suggesting that we do not—.", "speaker": "Donnie Oliveira" }, { "id": "cue-1139", "start": 6355.507, "end": 6356.138, "text": "Peg it to CPI.", "speaker": "Donnie Oliveira" }, { "id": "cue-1140", "start": 6356.559, "end": 6363.677, "text": "Yeah, that we do not use CPI, that instead we use this rate that's set at the state by statute.", "speaker": "Donnie Oliveira" }, { "id": "cue-1141", "start": 6364.225, "end": 6364.918, "text": "For residential.", "speaker": "Donnie Oliveira" }, { "id": "cue-1142", "start": 6365.128, "end": 6369.449, "text": "Normally that statute applies to residential increases.", "speaker": "Donnie Oliveira" }, { "id": "cue-1143", "start": 6371.56, "end": 6378.646, "text": "Councilor Green has an explanation for why he believes that's appropriate to do as a matter of policy.", "speaker": "Donnie Oliveira" }, { "id": "cue-1144", "start": 6381.489, "end": 6387.221, "text": "There may be other reasons why we— it might be appropriate as a matter of policy to keep it pegged at CPI.", "speaker": "Donnie Oliveira" }, { "id": "cue-1145", "start": 6387.301, "end": 6388.992, "text": "That's a choice you as council can make.", "speaker": "Donnie Oliveira" }, { "id": "cue-1146", "start": 6389.056, "end": 6396.629, "text": "Yeah, and I think if we're going to do something, let's keep it to what a commercial lease would be, not mixing apples and oranges together.", "speaker": "Loretta Smith" }, { "id": "cue-1147", "start": 6397.284, "end": 6407.407, "text": "If it's— if CPI is what it is, but we're adding this extra piece through this amendment process, I, I just don't think that it's, it's, it's appropriate.", "speaker": "Loretta Smith" }, { "id": "cue-1148", "start": 6408.47, "end": 6413.415, "text": "And I think that's, that's a good debate and discussion for council to have, and you can choose either one.", "speaker": "Donnie Oliveira" }, { "id": "cue-1149", "start": 6414.98, "end": 6417.093, "text": "Okay, so what do we have in there right now?", "speaker": "Loretta Smith" }, { "id": "cue-1150", "start": 6418.126, "end": 6418.723, "text": "CPI.", "speaker": "Unidentified speaker" }, { "id": "cue-1151", "start": 6419.191, "end": 6419.981, "text": "We got CPI.", "speaker": "Loretta Smith" }, { "id": "cue-1152", "start": 6420.078, "end": 6423.222, "text": "And so, um, Councilor Green, what do you want to add?", "speaker": "Loretta Smith" }, { "id": "cue-1153", "start": 6425.929, "end": 6437.525, "text": "So this law raises the rent per year by 7% plus CPI in the Oregon state statute, in the lesser of the two, or 10%, whichever is less.", "speaker": "Mitch Green" }, { "id": "cue-1154", "start": 6437.962, "end": 6438.771, "text": "Okay, tell me the—.", "speaker": "Loretta Smith" }, { "id": "cue-1155", "start": 6438.868, "end": 6442.866, "text": "So what I'm trying to do here is say we should do the same thing.", "speaker": "Mitch Green" }, { "id": "cue-1156", "start": 6444.546, "end": 6449.108, "text": "It's 10% or CPI, the methodology, whichever is less.", "speaker": "Mitch Green" }, { "id": "cue-1157", "start": 6449.252, "end": 6453.262, "text": "Which— well, just— yeah, it's— I'm just adopting their methodology for this fiscal year.", "speaker": "Mitch Green" }, { "id": "cue-1158", "start": 6453.342, "end": 6454.641, "text": "It's 9.26%.", "speaker": "Mitch Green" }, { "id": "cue-1159", "start": 6455.251, "end": 6455.395, "text": "Right.", "speaker": "Loretta Smith" }, { "id": "cue-1160", "start": 6456.614, "end": 6457.865, "text": "And so you want to move it up to 10%?", "speaker": "Loretta Smith" }, { "id": "cue-1161", "start": 6459.02, "end": 6465.42, "text": "I want to move it up to the maximum allowable rate that the Department of Administrative Services sets every year based upon the CPI plus 7%.", "speaker": "Mitch Green" }, { "id": "cue-1162", "start": 6466.319, "end": 6474.612, "text": "And so the Department of Administrative Services, when they're doing residential rates, this is what they— this is what they would raise it to.", "speaker": "Loretta Smith" }, { "id": "cue-1163", "start": 6474.676, "end": 6480.743, "text": "And so you want us to put a residential Um, kind of amendment on a commercial lease.", "speaker": "Loretta Smith" }, { "id": "cue-1164", "start": 6481.802, "end": 6489.172, "text": "I want us to say we're going to cap our rent increase at the rent increase that the state sets for renters.", "speaker": "Mitch Green" }, { "id": "cue-1165", "start": 6489.911, "end": 6497.842, "text": "And if Tom Dundon would like a lower rent increase, then he can lobby the legislature to lower that cap for everyone else.", "speaker": "Mitch Green" }, { "id": "cue-1166", "start": 6499.079, "end": 6499.609, "text": "That's what I'm saying.", "speaker": "Mitch Green" }, { "id": "cue-1167", "start": 6500.347, "end": 6501.214, "text": "Yeah, I hear what you're saying.", "speaker": "Loretta Smith" }, { "id": "cue-1168", "start": 6501.872, "end": 6502.258, "text": "Thank you.", "speaker": "Loretta Smith" }, { "id": "cue-1169", "start": 6503.61, "end": 6504.627, "text": "Thank you, Councilor Smith.", "speaker": "Jamie Dunphy" }, { "id": "cue-1170", "start": 6505.467, "end": 6506.145, "text": "Councilor Knoll.", "speaker": "Jamie Dunphy" }, { "id": "cue-1171", "start": 6506.759, "end": 6507.631, "text": "Thanks, colleagues.", "speaker": "Sameer Kanal" }, { "id": "cue-1172", "start": 6507.68, "end": 6511.458, "text": "At the end of what I'm about to say, I'm going to move to request to close the queue.", "speaker": "Sameer Kanal" }, { "id": "cue-1173", "start": 6511.523, "end": 6513.253, "text": "So just fair warning if you want to get in the queue.", "speaker": "Sameer Kanal" }, { "id": "cue-1174", "start": 6515.06, "end": 6525.654, "text": "So I think it's important to note that if we're talking about commercial leases, the reference to CPI-W is itself not perfect because it's for urban wage earners and clerical workers.", "speaker": "Sameer Kanal" }, { "id": "cue-1175", "start": 6525.734, "end": 6529.719, "text": "It's not itself an index based on average commercial rent increases.", "speaker": "Sameer Kanal" }, { "id": "cue-1176", "start": 6529.942, "end": 6530.699, "text": "Or anything like that.", "speaker": "Sameer Kanal" }, { "id": "cue-1177", "start": 6531.07, "end": 6532.777, "text": "It is common to use it, and I recognize that.", "speaker": "Sameer Kanal" }, { "id": "cue-1178", "start": 6532.825, "end": 6533.357, "text": "I agree with you.", "speaker": "Sameer Kanal" }, { "id": "cue-1179", "start": 6534.049, "end": 6538.681, "text": "But it's also imperfect in terms of the sort of ideological— logical connection, sorry.", "speaker": "Sameer Kanal" }, { "id": "cue-1180", "start": 6542.554, "end": 6550.609, "text": "If, on the other hand, we wanted to index it to the maximum allowable under Oregon state law for commercial rent increases, we could do that because that is infinity.", "speaker": "Sameer Kanal" }, { "id": "cue-1181", "start": 6551.93, "end": 6557.263, "text": "So actually, we are, by doing it the way that Councilor Green is proposing it—.", "speaker": "Sameer Kanal" }, { "id": "cue-1182", "start": 6557.263, "end": 6557.489, "text": "I agree with you.", "speaker": "Unidentified speaker" }, { "id": "cue-1183", "start": 6557.693, "end": 6568.911, "text": "We're actually saying that we're protecting the tenant, the primary tenant here, from the maximum allowable commercial rent increase per year.", "speaker": "Sameer Kanal" }, { "id": "cue-1184", "start": 6569.976, "end": 6579.274, "text": "So if Councilor Smith would like to propose that amendment to the amendment to the amendment, I would probably support that because it would allow for increased rent over time.", "speaker": "Sameer Kanal" }, { "id": "cue-1185", "start": 6579.887, "end": 6581.76, "text": "But I think that's not actually what we're going for here.", "speaker": "Sameer Kanal" }, { "id": "cue-1186", "start": 6581.97, "end": 6583.891, "text": "Neither one of them is perfect is the point I'm trying to make.", "speaker": "Sameer Kanal" }, { "id": "cue-1187", "start": 6583.972, "end": 6584.294, "text": "One is more common sense.", "speaker": "Sameer Kanal" }, { "id": "cue-1188", "start": 6584.343, "end": 6584.746, "text": "I think it's more common sense.", "speaker": "Sameer Kanal" }, { "id": "cue-1189", "start": 6584.912, "end": 6585.458, "text": "And then the other.", "speaker": "Sameer Kanal" }, { "id": "cue-1190", "start": 6586.261, "end": 6590.292, "text": "And so I think it's fair to look at our state law for it.", "speaker": "Sameer Kanal" }, { "id": "cue-1191", "start": 6590.758, "end": 6601.326, "text": "Um, I also have some doubts about the Bureau of Labor Statistics at the federal government and its calculations of inflation at this time.", "speaker": "Sameer Kanal" }, { "id": "cue-1192", "start": 6601.374, "end": 6603.494, "text": "I think that's fair for anyone who's been watching out there.", "speaker": "Sameer Kanal" }, { "id": "cue-1193", "start": 6603.687, "end": 6608.409, "text": "So I'll be supporting the amendment, and I am grateful to Councilor Green for putting it forward.", "speaker": "Sameer Kanal" }, { "id": "cue-1194", "start": 6608.826, "end": 6615.106, "text": "And I will request that we limit debate to those currently in the queue on both the amendment to the amendment And the amendment.", "speaker": "Sameer Kanal" }, { "id": "cue-1195", "start": 6615.572, "end": 6616.552, "text": "Thank you, Councilor Knoll.", "speaker": "Sameer Kanal" }, { "id": "cue-1196", "start": 6616.777, "end": 6624.914, "text": "I am going to limit debate to the amendment to the amendment, though I will not limit debate on the underlying amendment yet because there may be some conversation after this vote.", "speaker": "Jamie Dunphy" }, { "id": "cue-1197", "start": 6625.382, "end": 6628.163, "text": "So I'm limiting debate on the amendment to the amendment to those in queue.", "speaker": "Jamie Dunphy" }, { "id": "cue-1198", "start": 6628.632, "end": 6629.262, "text": "Councilor Murillo.", "speaker": "Jamie Dunphy" }, { "id": "cue-1199", "start": 6630.653, "end": 6631.105, "text": "Thank you.", "speaker": "Angelita Morillo" }, { "id": "cue-1200", "start": 6631.445, "end": 6633.579, "text": "Um, thank you so much, Councilor Green, for bringing this up.", "speaker": "Angelita Morillo" }, { "id": "cue-1201", "start": 6633.644, "end": 6649.336, "text": "I think this is a fantastic, um, amendment to the amendment, and I find it wholeheartedly ironic that just a few weeks ago everyone was a tenant's rights advocate when the tenant is a— is not a regular person renting.", "speaker": "Angelita Morillo" }, { "id": "cue-1202", "start": 6649.465, "end": 6659.03, "text": "Suddenly everyone was saying that we have to make outrageous improvements, luxury upgrades to a building because a tenant needs them.", "speaker": "Angelita Morillo" }, { "id": "cue-1203", "start": 6659.624, "end": 6668.268, "text": "As a renter, as one of what, 2 or 3 renters on this city council, if I wanted vaulted ceilings, I wouldn't get to tell my landlord that that was Part of a regular maintenance upgrade?", "speaker": "Angelita Morillo" }, { "id": "cue-1204", "start": 6668.985, "end": 6669.604, "text": "They would say no.", "speaker": "Angelita Morillo" }, { "id": "cue-1205", "start": 6671.61, "end": 6675.947, "text": "The only thing that you can do is safety, and most landlords don't always follow through with that either.", "speaker": "Angelita Morillo" }, { "id": "cue-1206", "start": 6676.109, "end": 6684.746, "text": "So I think that this is a really big improvement, and the CPI doesn't apply to commercial leases, as was already outlined.", "speaker": "Angelita Morillo" }, { "id": "cue-1207", "start": 6685.555, "end": 6691.896, "text": "I would also like to point out that there actually is an apartment in the Moda Center, so it actually, you know— It's a great apartment.", "speaker": "Angelita Morillo" }, { "id": "cue-1208", "start": 6692.152, "end": 6696.752, "text": "Maybe there's some legal area there to discuss about what counts as residential.", "speaker": "Angelita Morillo" }, { "id": "cue-1209", "start": 6697.986, "end": 6700.983, "text": "But this is not about the law.", "speaker": "Angelita Morillo" }, { "id": "cue-1210", "start": 6701.207, "end": 6708.964, "text": "This is about using a methodology and using, yeah, some sort of standard that we can actually measure this by.", "speaker": "Angelita Morillo" }, { "id": "cue-1211", "start": 6709.061, "end": 6712.074, "text": "Because right now, what was given to us is a little bit arbitrary.", "speaker": "Angelita Morillo" }, { "id": "cue-1212", "start": 6712.651, "end": 6717.331, "text": "And I appreciate you bringing something that creates a standard by which we are measuring this.", "speaker": "Angelita Morillo" }, { "id": "cue-1213", "start": 6717.379, "end": 6719.639, "text": "So I will wholeheartedly be supporting that.", "speaker": "Angelita Morillo" }, { "id": "cue-1214", "start": 6719.719, "end": 6720.809, "text": "Thank you for bringing it forward.", "speaker": "Angelita Morillo" }, { "id": "cue-1215", "start": 6720.857, "end": 6721.065, "text": "Thank you.", "speaker": "Angelita Morillo" }, { "id": "cue-1216", "start": 6721.466, "end": 6726.885, "text": "And we live in a country with Citizens United as a court case, which means that corporations are people.", "speaker": "Angelita Morillo" }, { "id": "cue-1217", "start": 6726.95, "end": 6732.594, "text": "So there's a very wishy-washy line in this country about if a company is a person.", "speaker": "Angelita Morillo" }, { "id": "cue-1218", "start": 6733.107, "end": 6736.762, "text": "And so maybe residential rates are going to apply commercially, and so be it.", "speaker": "Angelita Morillo" }, { "id": "cue-1219", "start": 6738.222, "end": 6739.023, "text": "Thank you, Councilor Morillo.", "speaker": "Jamie Dunphy" }, { "id": "cue-1220", "start": 6739.2, "end": 6739.777, "text": "Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-1221", "start": 6740.563, "end": 6741.332, "text": "Thank you, Mr. President.", "speaker": "Steve Novick" }, { "id": "cue-1222", "start": 6742.647, "end": 6756.258, "text": "Councilor Green, what do you— we've heard that assuming that CPI winds up being 3%, that The proposal that the Yoshihara team brought to us would be, well, according to you, $53 million over 20 years.", "speaker": "Steve Novick" }, { "id": "cue-1223", "start": 6757.014, "end": 6760.436, "text": "What do you think that under your proposal the amount would be over 20 years?", "speaker": "Steve Novick" }, { "id": "cue-1224", "start": 6760.806, "end": 6766.028, "text": "I'm so glad you asked that question because that's why I got back in the queue to provide that precise answer.", "speaker": "Mitch Green" }, { "id": "cue-1225", "start": 6766.092, "end": 6773.532, "text": "And so the methodology under ORS 90-whatever that I had on the screen a second ago establishes a lesser of 2 values.", "speaker": "Mitch Green" }, { "id": "cue-1226", "start": 6774.705, "end": 6778.684, "text": "And so It's 7% plus CPI or 10%.", "speaker": "Mitch Green" }, { "id": "cue-1227", "start": 6779.28, "end": 6784.248, "text": "But if so, in a worst-case scenario, most conservative assumption, assume there's zero inflation, it's 7%.", "speaker": "Mitch Green" }, { "id": "cue-1228", "start": 6785.267, "end": 6796.537, "text": "And so letting 7% escalate annually for 20 years starts from $2 million a year and gets to $7.2 over the course of that series.", "speaker": "Mitch Green" }, { "id": "cue-1229", "start": 6796.73, "end": 6800.526, "text": "And that's a total of $82 million a year for the entire duration of the lease.", "speaker": "Mitch Green" }, { "id": "cue-1230", "start": 6800.59, "end": 6800.687, "text": "Thank you.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1231", "start": 6801.613, "end": 6807.992, "text": "So an increase of, um, an increase of $29 million from what's there?", "speaker": "Steve Novick" }, { "id": "cue-1232", "start": 6808.153, "end": 6808.896, "text": "Something like that.", "speaker": "Steve Novick" }, { "id": "cue-1233", "start": 6809.025, "end": 6811.544, "text": "But I mean, CPI isn't going to be zero.", "speaker": "Steve Novick" }, { "id": "cue-1234", "start": 6811.834, "end": 6818.595, "text": "I mean, do you have a calculation that assumes like the average CPI over the last 10 years or something?", "speaker": "Steve Novick" }, { "id": "cue-1235", "start": 6819.11, "end": 6827.708, "text": "Um, well, so 7% average CPI— on average CPI is 3% over the last 4 years.", "speaker": "Mitch Green" }, { "id": "cue-1236", "start": 6828.208, "end": 6830.823, "text": "State law caps it at 10% at most.", "speaker": "Mitch Green" }, { "id": "cue-1237", "start": 6830.888, "end": 6839.69, "text": "So if we put 10% in there, that's a total of $114, $115 million in rent collected over 20 years.", "speaker": "Mitch Green" }, { "id": "cue-1238", "start": 6840.771, "end": 6843.659, "text": "That grows, that compounds, you know, annually.", "speaker": "Mitch Green" }, { "id": "cue-1239", "start": 6845.84, "end": 6846.034, "text": "Okay.", "speaker": "Mitch Green" }, { "id": "cue-1240", "start": 6846.115, "end": 6852.077, "text": "And if you do that, it reduces our net cost of this deal to $250 million.", "speaker": "Mitch Green" }, { "id": "cue-1241", "start": 6853.104, "end": 6861.817, "text": "$45 Million with the most conservative financing assumptions instead of $436 million with interest.", "speaker": "Mitch Green" }, { "id": "cue-1242", "start": 6862.186, "end": 6866.631, "text": "Mr. President, is this the time I have to make comments, not just to ask questions?", "speaker": "Steve Novick" }, { "id": "cue-1243", "start": 6866.968, "end": 6867.562, "text": "Yeah.", "speaker": "Steve Novick" }, { "id": "cue-1244", "start": 6867.883, "end": 6871.43, "text": "So here's where I am.", "speaker": "Steve Novick" }, { "id": "cue-1245", "start": 6871.574, "end": 6879.228, "text": "I mean, I have been pushing to get a deal where the city gets back what it puts in, expressing that really liberally.", "speaker": "Steve Novick" }, { "id": "cue-1246", "start": 6879.886, "end": 6899.9, "text": "And based on an assumption, which is just an assumption, that we borrow the money, I've asked Jonas, and also based on my assumption that we count the estimated $45 million in business license tax as sort of part of the deal, and so we'd be borrowing $75 million.", "speaker": "Steve Novick" }, { "id": "cue-1247", "start": 6900.477, "end": 6906.149, "text": "I asked Jonas, what does that work out to under a reasonably predictable interest rate over 20 years?", "speaker": "Steve Novick" }, { "id": "cue-1248", "start": 6906.887, "end": 6908.637, "text": "And it was $117 million.", "speaker": "Steve Novick" }, { "id": "cue-1249", "start": 6909.263, "end": 6918.092, "text": "So I'm looking for a proposal, the numbers add up to $17 million, and right now if it's $53.33, then it's about $31 million short.", "speaker": "Steve Novick" }, { "id": "cue-1250", "start": 6918.766, "end": 6926.375, "text": "So I'll support any proposal that gets us to the range of, you know, the range of $31 additional million.", "speaker": "Steve Novick" }, { "id": "cue-1251", "start": 6927.113, "end": 6933.374, "text": "I'm not sure that I'm willing to support a proposal that goes significantly beyond that.", "speaker": "Steve Novick" }, { "id": "cue-1252", "start": 6933.422, "end": 6933.727, "text": "Councilor Smith.", "speaker": "Unidentified speaker" }, { "id": "cue-1253", "start": 6934.34, "end": 6937.26, "text": "So I'm going to puzzle over that.", "speaker": "Steve Novick" }, { "id": "cue-1254", "start": 6937.26, "end": 6943.9, "text": "But I just want to tell you, if you wanted to amend your amendment to the amendment to an amount that comes out to additional $31 million, then I definitely support it.", "speaker": "Steve Novick" }, { "id": "cue-1255", "start": 6945.48, "end": 6947.32, "text": "You're welcome, Councilor.", "speaker": "Jamie Dunphy" }, { "id": "cue-1256", "start": 6947.43, "end": 6950.05, "text": "So are you doing that math based upon the $120 million?", "speaker": "Mitch Green" }, { "id": "cue-1257", "start": 6951.46, "end": 6958.44, "text": "Yeah, based on $120 million minus $45 million plus the interest rate that Jonas thought we might get if we borrowed $75 million.", "speaker": "Steve Novick" }, { "id": "cue-1258", "start": 6958.44, "end": 6963.07, "text": "And you're not doing that math on the extra $275,000 in capital contributions over 20 years.", "speaker": "Mitch Green" }, { "id": "cue-1259", "start": 6963.07, "end": 6963.89, "text": "That I'm not.", "speaker": "Steve Novick" }, { "id": "cue-1260", "start": 6963.89, "end": 6969.54, "text": "That I'm assuming, you know, that, you know, we're pay— we're, we're using the money we get, we, we get, and it washes out.", "speaker": "Steve Novick" }, { "id": "cue-1261", "start": 6970.35, "end": 6972.43, "text": "Okay, thanks.", "speaker": "Mitch Green" }, { "id": "cue-1262", "start": 6972.43, "end": 6973.83, "text": "Thank you, Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-1263", "start": 6973.83, "end": 6974.84, "text": "Vice President Clark.", "speaker": "Jamie Dunphy" }, { "id": "cue-1264", "start": 6975.53, "end": 6976.45, "text": "Thank you, Council President.", "speaker": "Olivia Clark" }, { "id": "cue-1265", "start": 6976.45, "end": 6982.94, "text": "Is there, um, I don't know who can answer this, is there a law, a state law that actually regulates commercial rents?", "speaker": "Olivia Clark" }, { "id": "cue-1266", "start": 6982.99, "end": 6984.09, "text": "I'm sorry, I walked out of the room.", "speaker": "Olivia Clark" }, { "id": "cue-1267", "start": 6984.09, "end": 6984.83, "text": "I may have missed that.", "speaker": "Olivia Clark" }, { "id": "cue-1268", "start": 6985.21, "end": 6985.99, "text": "There is no law?", "speaker": "Olivia Clark" }, { "id": "cue-1269", "start": 6986.517, "end": 6991.056, "text": "There's no law at all at the state level that— Okay.", "speaker": "Olivia Clark" }, { "id": "cue-1270", "start": 6991.945, "end": 7005.59, "text": "You know, it gave me a lot of comfort and confidence that our team had vetted all of the amendments from the other day, and I really appreciate the work that you've done to incorporate those that made sense.", "speaker": "Olivia Clark" }, { "id": "cue-1271", "start": 7005.818, "end": 7018.031, "text": "And I'm wondering, did I miss you commenting on this particular one when I left the room, or have you I just— it gives me a lot of confidence that these things have been vetted by our team and they make sense.", "speaker": "Olivia Clark" }, { "id": "cue-1272", "start": 7018.079, "end": 7022.784, "text": "So I'm nervous about this particular amendment.", "speaker": "Olivia Clark" }, { "id": "cue-1273", "start": 7023.185, "end": 7027.312, "text": "Does anybody want to— have you already said something about this or opined at all?", "speaker": "Olivia Clark" }, { "id": "cue-1274", "start": 7028.436, "end": 7029.961, "text": "Did I miss it?", "speaker": "Olivia Clark" }, { "id": "cue-1275", "start": 7030.009, "end": 7030.395, "text": "I'm sorry.", "speaker": "Olivia Clark" }, { "id": "cue-1276", "start": 7031.165, "end": 7032.177, "text": "I'm sorry I missed it.", "speaker": "Olivia Clark" }, { "id": "cue-1277", "start": 7032.337, "end": 7033.14, "text": "Okay, my fault.", "speaker": "Olivia Clark" }, { "id": "cue-1278", "start": 7033.863, "end": 7036.576, "text": "Carl had said that they could work with this.", "speaker": "Jamie Dunphy" }, { "id": "cue-1279", "start": 7037.733, "end": 7040.546, "text": "But that is my— is that accurate, Carl?", "speaker": "Jamie Dunphy" }, { "id": "cue-1280", "start": 7041.912, "end": 7043.953, "text": "About the rent in general?", "speaker": "Unidentified speaker" }, { "id": "cue-1281", "start": 7044.387, "end": 7045.657, "text": "Yes, I did say that.", "speaker": "Unidentified speaker" }, { "id": "cue-1282", "start": 7047.056, "end": 7055.611, "text": "And I think he also said that CPI was normal in the escalator for these type of deals.", "speaker": "Unidentified speaker" }, { "id": "cue-1283", "start": 7055.66, "end": 7056.824, "text": "These kinds of negotiations.", "speaker": "Olivia Clark" }, { "id": "cue-1284", "start": 7057.002, "end": 7061.015, "text": "That's what I would imagine is just a standard across the industry.", "speaker": "Olivia Clark" }, { "id": "cue-1285", "start": 7061.759, "end": 7063.119, "text": "You would see that in most leases.", "speaker": "Unidentified speaker" }, { "id": "cue-1286", "start": 7063.418, "end": 7063.773, "text": "Right.", "speaker": "Carl Hirsch" }, { "id": "cue-1287", "start": 7063.885, "end": 7066.188, "text": "I'd say 99% of the leases.", "speaker": "Unidentified speaker" }, { "id": "cue-1288", "start": 7066.623, "end": 7073.524, "text": "Maybe instead of doing that here, we should be working on state legislation to change the percentage on rent control.", "speaker": "Olivia Clark" }, { "id": "cue-1289", "start": 7074.126, "end": 7074.776, "text": "Anyway, thank you.", "speaker": "Olivia Clark" }, { "id": "cue-1290", "start": 7075.199, "end": 7076.663, "text": "Thank you for answering my question.", "speaker": "Olivia Clark" }, { "id": "cue-1291", "start": 7076.728, "end": 7078.046, "text": "Thank you, Vice President Clark.", "speaker": "Jamie Dunphy" }, { "id": "cue-1292", "start": 7078.63, "end": 7081.217, "text": "Councilor Avalos.", "speaker": "Jamie Dunphy" }, { "id": "cue-1293", "start": 7083.028, "end": 7084.015, "text": "Thank you.", "speaker": "Candace Avalos" }, { "id": "cue-1294", "start": 7084.549, "end": 7087.702, "text": "And thank you, Councilor Green.", "speaker": "Candace Avalos" }, { "id": "cue-1295", "start": 7087.799, "end": 7089.857, "text": "Happy to co-sponsor this amendment with you.", "speaker": "Candace Avalos" }, { "id": "cue-1296", "start": 7089.988, "end": 7090.724, "text": "You all should have it in your packet.", "speaker": "Candace Avalos" }, { "id": "cue-1297", "start": 7093.735, "end": 7093.911, "text": "Yes.", "speaker": "Candace Avalos" }, { "id": "cue-1298", "start": 7094.12, "end": 7097.046, "text": "You know, we talk all the time about inflation and all that.", "speaker": "Candace Avalos" }, { "id": "cue-1299", "start": 7097.512, "end": 7101.611, "text": "A flat $2 million payment 20 years from now is not the same as $2 million today.", "speaker": "Candace Avalos" }, { "id": "cue-1300", "start": 7102.56, "end": 7109.773, "text": "So this simply preserves the value of the rent over time using an existing Oregon standard that everyone is already familiar with.", "speaker": "Candace Avalos" }, { "id": "cue-1301", "start": 7109.999, "end": 7110.597, "text": "I think it's pretty straightforward.", "speaker": "Candace Avalos" }, { "id": "cue-1302", "start": 7111.54, "end": 7113.549, "text": "It's clear that we can do these things.", "speaker": "Candace Avalos" }, { "id": "cue-1303", "start": 7113.597, "end": 7120.726, "text": "I, I, I see that there is a tension between what people feel they can do as legislators and what they need permission to do by the negotiators.", "speaker": "Candace Avalos" }, { "id": "cue-1304", "start": 7121.16, "end": 7124.019, "text": "I believe we have the right to put this forward.", "speaker": "Candace Avalos" }, { "id": "cue-1305", "start": 7124.116, "end": 7126.798, "text": "I believe that it's, it's pretty open-ended, frankly.", "speaker": "Candace Avalos" }, { "id": "cue-1306", "start": 7127.184, "end": 7130.718, "text": "So the negotiating team has plenty of leeway with how to interpret it.", "speaker": "Candace Avalos" }, { "id": "cue-1307", "start": 7130.862, "end": 7137.078, "text": "But putting a standard in there so that we can make sure we're getting a true return over 20 years, I think is the bare minimum.", "speaker": "Candace Avalos" }, { "id": "cue-1308", "start": 7137.143, "end": 7138.042, "text": "And I think you should support it.", "speaker": "Candace Avalos" }, { "id": "cue-1309", "start": 7138.347, "end": 7138.701, "text": "Thanks.", "speaker": "Candace Avalos" }, { "id": "cue-1310", "start": 7139.311, "end": 7140.163, "text": "Thank you, Councilor Avalos.", "speaker": "Jamie Dunphy" }, { "id": "cue-1311", "start": 7141.094, "end": 7144.435, "text": "Callings, having limited debate to those in the queue on the amendment to the amendment.", "speaker": "Jamie Dunphy" }, { "id": "cue-1312", "start": 7144.612, "end": 7148.835, "text": "Can we please call a roll on— are we calling— is it Green, Avalos, one?", "speaker": "Jamie Dunphy" }, { "id": "cue-1313", "start": 7149.252, "end": 7149.493, "text": "Okay.", "speaker": "Jamie Dunphy" }, { "id": "cue-1314", "start": 7150.97, "end": 7153.25, "text": "Moved by Green, seconded by Avalos.", "speaker": "Keelan McClymont" }, { "id": "cue-1315", "start": 7153.604, "end": 7154.133, "text": "Koyama Lane?", "speaker": "Keelan McClymont" }, { "id": "cue-1316", "start": 7154.631, "end": 7154.679, "text": "Aye.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1317", "start": 7155.29, "end": 7155.675, "text": "Morillo?", "speaker": "Keelan McClymont" }, { "id": "cue-1318", "start": 7156.076, "end": 7156.124, "text": "Aye.", "speaker": "Angelita Morillo" }, { "id": "cue-1319", "start": 7156.574, "end": 7156.959, "text": "Novick?", "speaker": "Keelan McClymont" }, { "id": "cue-1320", "start": 7157.136, "end": 7157.297, "text": "Nay.", "speaker": "Steve Novick" }, { "id": "cue-1321", "start": 7158.18, "end": 7158.565, "text": "Clark?", "speaker": "Keelan McClymont" }, { "id": "cue-1322", "start": 7158.967, "end": 7159.127, "text": "No.", "speaker": "Olivia Clark" }, { "id": "cue-1323", "start": 7159.689, "end": 7159.914, "text": "Green?", "speaker": "Keelan McClymont" }, { "id": "cue-1324", "start": 7161.295, "end": 7161.423, "text": "Aye.", "speaker": "Mitch Green" }, { "id": "cue-1325", "start": 7161.873, "end": 7162.242, "text": "Zimmerman?", "speaker": "Keelan McClymont" }, { "id": "cue-1326", "start": 7162.435, "end": 7162.66, "text": "No.", "speaker": "Eric Zimmerman" }, { "id": "cue-1327", "start": 7163.222, "end": 7163.527, "text": "Avalos?", "speaker": "Keelan McClymont" }, { "id": "cue-1328", "start": 7163.783, "end": 7163.864, "text": "Aye.", "speaker": "Candace Avalos" }, { "id": "cue-1329", "start": 7164.281, "end": 7164.57, "text": "Smith?", "speaker": "Keelan McClymont" }, { "id": "cue-1330", "start": 7165.229, "end": 7165.469, "text": "No.", "speaker": "Loretta Smith" }, { "id": "cue-1331", "start": 7165.951, "end": 7166.304, "text": "Kanal?", "speaker": "Keelan McClymont" }, { "id": "cue-1332", "start": 7166.674, "end": 7166.69, "text": "Aye.", "speaker": "Sameer Kanal" }, { "id": "cue-1333", "start": 7167.236, "end": 7167.621, "text": "Pirtle-Guiney?", "speaker": "Keelan McClymont" }, { "id": "cue-1334", "start": 7169.098, "end": 7169.243, "text": "No.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1335", "start": 7172.435, "end": 7172.532, "text": "No.", "speaker": "Jamie Dunphy" }, { "id": "cue-1336", "start": 7174.215, "end": 7174.328, "text": "Aye.", "speaker": "Dan Ryan" }, { "id": "cue-1337", "start": 7175.817, "end": 7179.441, "text": "The amendment to the amendment fails with a vote of 6 ayes and 6 nays.", "speaker": "Keelan McClymont" }, { "id": "cue-1338", "start": 7179.862, "end": 7182.839, "text": "Colleagues, to the underlying amendment, is there any further discussion?", "speaker": "Jamie Dunphy" }, { "id": "cue-1339", "start": 7183.502, "end": 7184.132, "text": "Councilor Smith.", "speaker": "Jamie Dunphy" }, { "id": "cue-1340", "start": 7184.811, "end": 7185.232, "text": "Thank you.", "speaker": "Loretta Smith" }, { "id": "cue-1341", "start": 7186.832, "end": 7190.907, "text": "I just want to be clear to the negotiators that I appreciate the work that you've done.", "speaker": "Loretta Smith" }, { "id": "cue-1342", "start": 7190.955, "end": 7191.936, "text": "I know that this is really tough.", "speaker": "Loretta Smith" }, { "id": "cue-1343", "start": 7193.487, "end": 7196.274, "text": "This is not a giveaway that you put forward to us.", "speaker": "Loretta Smith" }, { "id": "cue-1344", "start": 7196.355, "end": 7197.262, "text": "It's not a handout.", "speaker": "Loretta Smith" }, { "id": "cue-1345", "start": 7197.823, "end": 7199.106, "text": "It's very deliberate.", "speaker": "Loretta Smith" }, { "id": "cue-1346", "start": 7199.25, "end": 7206.436, "text": "It's a structured partnership with equal access between a land and a tenant anchor, an anchor tenant.", "speaker": "Loretta Smith" }, { "id": "cue-1347", "start": 7207.27, "end": 7209.724, "text": "And I want to give you kudos for doing what you're doing.", "speaker": "Loretta Smith" }, { "id": "cue-1348", "start": 7209.772, "end": 7212.098, "text": "This is, this is a lot of high-pressure stuff.", "speaker": "Loretta Smith" }, { "id": "cue-1349", "start": 7212.884, "end": 7224.257, "text": "And you brought back a $3 million annual direct payment back to the city, Multnomah County, and Portland Public Schools, which I, which I think should be commended.", "speaker": "Loretta Smith" }, { "id": "cue-1350", "start": 7224.914, "end": 7233.673, "text": "And it captured event user fees, parking revenues, and a direct share of profits from the Veterans Memorial Coliseum.", "speaker": "Loretta Smith" }, { "id": "cue-1351", "start": 7234.555, "end": 7255.649, "text": "That being secured, if we can get a binding commitment for union labor protections, community benefit agreements, and an alignment with historic restoration of the Albina neighborhood and the rebirth and the revitalization, I think Um, we can call it a good day in December.", "speaker": "Loretta Smith" }, { "id": "cue-1352", "start": 7256.371, "end": 7262.628, "text": "But I'm looking forward to what you're doing because, you know, I've heard a lot of conversation about this being a really bad deal.", "speaker": "Loretta Smith" }, { "id": "cue-1353", "start": 7263.751, "end": 7278.64, "text": "This— when we looked at other deals and you compare this deal, this NBA arena agreement across the country, from Oklahoma City to Milwaukee to Sacramento, Portland's negotiated terms thank you.", "speaker": "Loretta Smith" }, { "id": "cue-1354", "start": 7278.752, "end": 7278.96, "text": "Thank you, Mayor.", "speaker": "Loretta Smith" }, { "id": "cue-1355", "start": 7279.008, "end": 7286.847, "text": "I think the ordinance stands out as an incredibly responsible and protective, um, uh, document of the public trust.", "speaker": "Loretta Smith" }, { "id": "cue-1356", "start": 7287.344, "end": 7297.923, "text": "So I think we're securing a guaranteed 20-year commitment, if we can get that, with, uh, Rip City, um, while reinvesting in the city-owned asset.", "speaker": "Loretta Smith" }, { "id": "cue-1357", "start": 7298.388, "end": 7306.434, "text": "And I want to repeat, this is a city-owned asset that we must keep up, not only for the Blazers but for concerts and for the Fire.", "speaker": "Loretta Smith" }, { "id": "cue-1358", "start": 7306.963, "end": 7308.118, "text": "That is what we're doing.", "speaker": "Loretta Smith" }, { "id": "cue-1359", "start": 7308.391, "end": 7314.115, "text": "And, um, as, as a, uh, owner of a smallplex, you have to keep it up.", "speaker": "Loretta Smith" }, { "id": "cue-1360", "start": 7314.981, "end": 7321.94, "text": "And I think that, um, the real-world trade-offs that you had to make, you did a great job.", "speaker": "Loretta Smith" }, { "id": "cue-1361", "start": 7322.341, "end": 7327.969, "text": "And nothing is going to be perfect, and we cannot let the perfect, uh, become the enemy of the good.", "speaker": "Loretta Smith" }, { "id": "cue-1362", "start": 7328.915, "end": 7333.693, "text": "And when we demand an impossible standard of absolute, we do not get a better deal.", "speaker": "Loretta Smith" }, { "id": "cue-1363", "start": 7333.741, "end": 7333.869, "text": "Thank you.", "speaker": "Loretta Smith" }, { "id": "cue-1364", "start": 7334.383, "end": 7335.41, "text": "We get gridlock.", "speaker": "Loretta Smith" }, { "id": "cue-1365", "start": 7336.085, "end": 7344.658, "text": "So I want to make sure that we're not risking our state funding timelines that are going to expire in December.", "speaker": "Loretta Smith" }, { "id": "cue-1366", "start": 7345.364, "end": 7358.995, "text": "And I want to signal to our, our workforce, our labor partners, and our central city businesses that Portland cannot take yes for an answer.", "speaker": "Loretta Smith" }, { "id": "cue-1367", "start": 7359.492, "end": 7360.199, "text": "We have to have—.", "speaker": "Loretta Smith" }, { "id": "cue-1368", "start": 7360.231, "end": 7360.279, "text": "Ayes.", "speaker": "Unidentified speaker" }, { "id": "cue-1369", "start": 7361.16, "end": 7361.289, "text": "Yes.", "speaker": "Candace Avalos" }, { "id": "cue-1370", "start": 7361.756, "end": 7362.547, "text": "For an answer.", "speaker": "Loretta Smith" }, { "id": "cue-1371", "start": 7362.821, "end": 7377.538, "text": "So the Moda Center is, is a, um, it is, it is, it has lots of memories and, uh, family stories and all the things that we talked about when we even talked about the, uh, the Lloyd Center.", "speaker": "Loretta Smith" }, { "id": "cue-1372", "start": 7378.037, "end": 7384.132, "text": "But I think this is an economic engine for downtown and for the city of Portland and for the state of Oregon.", "speaker": "Loretta Smith" }, { "id": "cue-1373", "start": 7384.407, "end": 7387.939, "text": "It is a hospitality hub of the state.", "speaker": "Loretta Smith" }, { "id": "cue-1374", "start": 7388.468, "end": 7392.65, "text": "It is the front door of the state, and we need to keep it.", "speaker": "Loretta Smith" }, { "id": "cue-1375", "start": 7392.795, "end": 7402.954, "text": "And I want you all to do everything that you think you can do at the negotiating table to make sure that we have a fair deal and that we keep the Blazers right here in Portland, Oregon.", "speaker": "Loretta Smith" }, { "id": "cue-1376", "start": 7403.932, "end": 7404.332, "text": "Thank you.", "speaker": "Loretta Smith" }, { "id": "cue-1377", "start": 7405.149, "end": 7405.919, "text": "Thank you, Councilor Smith.", "speaker": "Jamie Dunphy" }, { "id": "cue-1378", "start": 7406.415, "end": 7407.954, "text": "Councilor Kanal, to the amendment.", "speaker": "Jamie Dunphy" }, { "id": "cue-1379", "start": 7408.034, "end": 7410.533, "text": "Yeah, so we're debating both amendments, just to clarify, right?", "speaker": "Sameer Kanal" }, { "id": "cue-1380", "start": 7410.838, "end": 7411.078, "text": "Yes.", "speaker": "Sameer Kanal" }, { "id": "cue-1381", "start": 7411.303, "end": 7413.129, "text": "I request to limit debate on both amendments.", "speaker": "Sameer Kanal" }, { "id": "cue-1382", "start": 7414.743, "end": 7424.18, "text": "I'm happy— I'm going to give folks 10 seconds to get in the queue, and then I'm going to limit debate to the amendments to those in the queue.", "speaker": "Jamie Dunphy" }, { "id": "cue-1383", "start": 7426.41, "end": 7427.843, "text": "Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-1384", "start": 7428.214, "end": 7429.181, "text": "Thank you, Mr. President.", "speaker": "Steve Novick" }, { "id": "cue-1385", "start": 7429.487, "end": 7433.579, "text": "I'm planning to vote yes on the amendment, but I wanted to ask you something.", "speaker": "Steve Novick" }, { "id": "cue-1386", "start": 7434.85, "end": 7446.093, "text": "You, Frank— Mr. President, you surprised me by voting for Councilor Green's amendment, and as I've said, my goal is to get to an extra $31 million in order for me to vote for the underlying package.", "speaker": "Steve Novick" }, { "id": "cue-1387", "start": 7446.686, "end": 7453.239, "text": "So I'm contemplating making a front room deal with you if you're willing to contemplate that.", "speaker": "Steve Novick" }, { "id": "cue-1388", "start": 7454.12, "end": 7464.278, "text": "I wasn't planning to offer any additional amendments myself today, but I would be happy to offer an amendment which would increase the amount of rent sufficiently to get us an extra $31 million.", "speaker": "Steve Novick" }, { "id": "cue-1389", "start": 7464.598, "end": 7466.312, "text": "And but I'd be counting on you to support that.", "speaker": "Steve Novick" }, { "id": "cue-1390", "start": 7466.376, "end": 7468.86, "text": "So I just wanted to ask you now if that's worth thinking about.", "speaker": "Steve Novick" }, { "id": "cue-1391", "start": 7469.084, "end": 7473.959, "text": "I, at this point, I'm ready to move okay.", "speaker": "Jamie Dunphy" }, { "id": "cue-1392", "start": 7475.031, "end": 7477.386, "text": "Thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-1393", "start": 7477.695, "end": 7477.89, "text": "Great.", "speaker": "Jamie Dunphy" }, { "id": "cue-1394", "start": 7478.929, "end": 7483.923, "text": "Seeing no one else in the queue, Keelan, could we please call the roll?", "speaker": "Jamie Dunphy" }, { "id": "cue-1395", "start": 7484.117, "end": 7486.413, "text": "We're going to— not going to vote on them as a package.", "speaker": "Jamie Dunphy" }, { "id": "cue-1396", "start": 7486.462, "end": 7490.667, "text": "We're voting on Amendment 1 first, Amendment 2 second.", "speaker": "Jamie Dunphy" }, { "id": "cue-1397", "start": 7490.748, "end": 7494.868, "text": "Could we please call the roll on Dunphy, Pirtle-Guiney, Ryan, Kanal 1?", "speaker": "Jamie Dunphy" }, { "id": "cue-1398", "start": 7496.313, "end": 7498.253, "text": "Moved by Dunphy, seconded by Clark.", "speaker": "Keelan McClymont" }, { "id": "cue-1399", "start": 7498.542, "end": 7499.087, "text": "Koyama Lane?", "speaker": "Keelan McClymont" }, { "id": "cue-1400", "start": 7499.504, "end": 7499.632, "text": "Aye.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1401", "start": 7500.081, "end": 7500.546, "text": "Murillo?", "speaker": "Keelan McClymont" }, { "id": "cue-1402", "start": 7501.188, "end": 7501.236, "text": "Aye.", "speaker": "Angelita Morillo" }, { "id": "cue-1403", "start": 7501.765, "end": 7502.166, "text": "Novick?", "speaker": "Keelan McClymont" }, { "id": "cue-1404", "start": 7502.711, "end": 7502.887, "text": "Aye.", "speaker": "Steve Novick" }, { "id": "cue-1405", "start": 7503.529, "end": 7503.785, "text": "Clark?", "speaker": "Keelan McClymont" }, { "id": "cue-1406", "start": 7504.234, "end": 7504.266, "text": "Aye.", "speaker": "Olivia Clark" }, { "id": "cue-1407", "start": 7504.796, "end": 7504.94, "text": "Greene?", "speaker": "Keelan McClymont" }, { "id": "cue-1408", "start": 7505.918, "end": 7505.966, "text": "Aye.", "speaker": "Mitch Green" }, { "id": "cue-1409", "start": 7506.576, "end": 7507.025, "text": "Zimmerman?", "speaker": "Keelan McClymont" }, { "id": "cue-1410", "start": 7508.163, "end": 7508.323, "text": "Aye.", "speaker": "Eric Zimmerman" }, { "id": "cue-1411", "start": 7508.885, "end": 7509.189, "text": "Avalos?", "speaker": "Keelan McClymont" }, { "id": "cue-1412", "start": 7509.446, "end": 7509.494, "text": "Aye.", "speaker": "Candace Avalos" }, { "id": "cue-1413", "start": 7510.103, "end": 7510.392, "text": "Smith?", "speaker": "Keelan McClymont" }, { "id": "cue-1414", "start": 7510.889, "end": 7510.937, "text": "Aye.", "speaker": "Loretta Smith" }, { "id": "cue-1415", "start": 7511.466, "end": 7511.707, "text": "Kanal?", "speaker": "Keelan McClymont" }, { "id": "cue-1416", "start": 7512.252, "end": 7512.268, "text": "Aye.", "speaker": "Sameer Kanal" }, { "id": "cue-1417", "start": 7513.07, "end": 7513.439, "text": "Pirtle-Guiney?", "speaker": "Keelan McClymont" }, { "id": "cue-1418", "start": 7514.096, "end": 7514.144, "text": "Aye.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1419", "start": 7514.674, "end": 7514.962, "text": "Ryan?", "speaker": "Keelan McClymont" }, { "id": "cue-1420", "start": 7515.299, "end": 7515.379, "text": "Aye.", "speaker": "Dan Ryan" }, { "id": "cue-1421", "start": 7516.037, "end": 7516.357, "text": "Dunphy?", "speaker": "Keelan McClymont" }, { "id": "cue-1422", "start": 7516.902, "end": 7516.951, "text": "Aye.", "speaker": "Jamie Dunphy" }, { "id": "cue-1423", "start": 7520.046, "end": 7521.12, "text": "Thank you very much, colleagues.", "speaker": "Jamie Dunphy" }, { "id": "cue-1424", "start": 7521.168, "end": 7528.646, "text": "And can we please call the roll on Moved by Dunphy, seconded by Clark.", "speaker": "Jamie Dunphy" }, { "id": "cue-1425", "start": 7530.73, "end": 7530.779, "text": "Aye.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1426", "start": 7534.194, "end": 7534.242, "text": "Aye.", "speaker": "Angelita Morillo" }, { "id": "cue-1427", "start": 7536.873, "end": 7536.922, "text": "Aye.", "speaker": "Steve Novick" }, { "id": "cue-1428", "start": 7539.78, "end": 7539.941, "text": "Green.", "speaker": "Keelan McClymont" }, { "id": "cue-1429", "start": 7540.521, "end": 7540.634, "text": "Aye.", "speaker": "Mitch Green" }, { "id": "cue-1430", "start": 7541.327, "end": 7544.163, "text": "Sorry, I didn't hear that.", "speaker": "Keelan McClymont" }, { "id": "cue-1431", "start": 7545.131, "end": 7545.453, "text": "Thank you.", "speaker": "Keelan McClymont" }, { "id": "cue-1432", "start": 7547.226, "end": 7547.403, "text": "Aye.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1433", "start": 7550.809, "end": 7550.857, "text": "Aye.", "speaker": "Sameer Kanal" }, { "id": "cue-1434", "start": 7552.498, "end": 7552.546, "text": "Aye.", "speaker": "Olivia Clark" }, { "id": "cue-1435", "start": 7553.238, "end": 7553.527, "text": "Ryan.", "speaker": "Keelan McClymont" }, { "id": "cue-1436", "start": 7554.67, "end": 7554.766, "text": "Aye.", "speaker": "Dan Ryan" }, { "id": "cue-1437", "start": 7557.34, "end": 7557.777, "text": "Is that aye?", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1438", "start": 7560.035, "end": 7562.26, "text": "Sorry, that is very loud out there.", "speaker": "Keelan McClymont" }, { "id": "cue-1439", "start": 7565.19, "end": 7565.367, "text": "Thanks.", "speaker": "Keelan McClymont" }, { "id": "cue-1440", "start": 7566.849, "end": 7567.156, "text": "Dunphy.", "speaker": "Keelan McClymont" }, { "id": "cue-1441", "start": 7567.462, "end": 7567.51, "text": "Aye.", "speaker": "Jamie Dunphy" }, { "id": "cue-1442", "start": 7568.106, "end": 7570.427, "text": "The amendment is approved with a vote of 12 ayes.", "speaker": "Keelan McClymont" }, { "id": "cue-1443", "start": 7572.954, "end": 7581.197, "text": "Hey, can we please colleagues, discussion of the technical— wait, actually, I'm going to see if there are any other further amendments that are being proposed.", "speaker": "Jamie Dunphy" }, { "id": "cue-1444", "start": 7581.245, "end": 7581.759, "text": "Councilor Knoll.", "speaker": "Jamie Dunphy" }, { "id": "cue-1445", "start": 7582.53, "end": 7583.493, "text": "Thank you, Council President.", "speaker": "Sameer Kanal" }, { "id": "cue-1446", "start": 7583.557, "end": 7585.821, "text": "So a note on the amendments we just passed.", "speaker": "Sameer Kanal" }, { "id": "cue-1447", "start": 7586.046, "end": 7591.007, "text": "I want to be clear, I don't think the mayor's negotiating team needed to vet these.", "speaker": "Sameer Kanal" }, { "id": "cue-1448", "start": 7591.215, "end": 7597.268, "text": "I think we should have done this the way the charter intends and that voters approved, where we exercise our independent judgment as 12 elected officials and make decisions.", "speaker": "Sameer Kanal" }, { "id": "cue-1449", "start": 7597.766, "end": 7609.575, "text": "That didn't happen last week, but given that it mattered to colleagues who evidently didn't know that at least 2 of us who proposed amendments, Councilor Novick and I, did in fact follow the process as outlined in one of the several emails we got with recommendations on how to do this.", "speaker": "Sameer Kanal" }, { "id": "cue-1450", "start": 7609.896, "end": 7622.168, "text": "We got to where we are today, and I'm grateful that for the first time in this process, I personally felt listened to in part with the content of these amendments by the negotiating team and by 3 colleagues who had voted no on all this last week.", "speaker": "Sameer Kanal" }, { "id": "cue-1451", "start": 7622.393, "end": 7623.644, "text": "Um, and I appreciate that.", "speaker": "Sameer Kanal" }, { "id": "cue-1452", "start": 7623.757, "end": 7626.789, "text": "I also— that's basically me saying I agree with everything Councilor Avalos said earlier.", "speaker": "Sameer Kanal" }, { "id": "cue-1453", "start": 7626.853, "end": 7626.997, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-1454", "start": 7627.848, "end": 7636.294, "text": "I also appreciate that my colleagues have been willing to do the hard work of thinking creatively, listening to constituents, looking at the evidence, and coming up with policy proposals to improve the term sheet.", "speaker": "Sameer Kanal" }, { "id": "cue-1455", "start": 7636.936, "end": 7641.256, "text": "Several of us brought the energy and ideas to the conversation that Portlanders have been asking for.", "speaker": "Sameer Kanal" }, { "id": "cue-1456", "start": 7641.593, "end": 7649.268, "text": "And specifically, I want to note that 4 other colleagues, Councilor Avalos, Murillo, Green, and Novick, along with myself, offered the amendments, some of which ultimately got repackaged into this.", "speaker": "Sameer Kanal" }, { "id": "cue-1457", "start": 7649.782, "end": 7650.761, "text": "Rent is a huge deal.", "speaker": "Sameer Kanal" }, { "id": "cue-1458", "start": 7650.906, "end": 7653.089, "text": "Councilor Avalos, among others, deserves a lot of credit for this.", "speaker": "Sameer Kanal" }, { "id": "cue-1459", "start": 7653.154, "end": 7655.145, "text": "It seems to be based off of Avalos 6 and a bit of 5.", "speaker": "Sameer Kanal" }, { "id": "cue-1460", "start": 7655.193, "end": 7655.337, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-1461", "start": 7655.37, "end": 7660.924, "text": "The rewording in the resolution appears to be based off of Green and Avalos, as does the added text on the joint authority in the term sheet.", "speaker": "Sameer Kanal" }, { "id": "cue-1462", "start": 7661.165, "end": 7662.995, "text": "The development rights are based on Avalos 1.", "speaker": "Sameer Kanal" }, { "id": "cue-1463", "start": 7663.172, "end": 7665.644, "text": "Avalos 3 appears to be incorporated into the resolution.", "speaker": "Sameer Kanal" }, { "id": "cue-1464", "start": 7666.078, "end": 7669.305, "text": "Avalos 4 seems to be nodded to in the term sheet amendment about other tenants.", "speaker": "Sameer Kanal" }, { "id": "cue-1465", "start": 7669.433, "end": 7673.142, "text": "Avalos 9 and 11 seem to be referenced in the community benefits agreement updates.", "speaker": "Sameer Kanal" }, { "id": "cue-1466", "start": 7673.607, "end": 7680.575, "text": "The updates with clarity on the authorities of the mayor and city administrator are part of Canal 1, and Canal 4 on a return on investment was added in full.", "speaker": "Sameer Kanal" }, { "id": "cue-1467", "start": 7681.169, "end": 7684.46, "text": "There are other things, however, that aren't in those packages that I did want to note.", "speaker": "Sameer Kanal" }, { "id": "cue-1468", "start": 7684.541, "end": 7684.605, "text": "Yes.", "speaker": "Sameer Kanal" }, { "id": "cue-1469", "start": 7684.83, "end": 7690.476, "text": "We've already noted Councilor Green's point about the impact statement.", "speaker": "Sameer Kanal" }, { "id": "cue-1470", "start": 7691.101, "end": 7695.641, "text": "Councilor Novick and I both raised the issue of having flexibility over a slightly higher user fee.", "speaker": "Sameer Kanal" }, { "id": "cue-1471", "start": 7696.235, "end": 7698.705, "text": "Councilor Novick discussed reconfiguring the parking split.", "speaker": "Sameer Kanal" }, { "id": "cue-1472", "start": 7699.443, "end": 7706.629, "text": "Councilor Murillo proposed clarity and 30 days' notice, among other things, before we vote on budget and funding sources, including opportunity costs.", "speaker": "Sameer Kanal" }, { "id": "cue-1473", "start": 7707.158, "end": 7712.035, "text": "And opportunity costs may be the biggest part of this that has let— is a stone that has yet to be turned over here.", "speaker": "Sameer Kanal" }, { "id": "cue-1474", "start": 7712.083, "end": 7722.125, "text": "Councilor Novick, Because it's not as though, despite what you may have heard by a signature gatherer in the last few months, it's not as though PSF money is sitting around unspent, right?", "speaker": "Sameer Kanal" }, { "id": "cue-1475", "start": 7722.574, "end": 7723.956, "text": "It's all appropriated.", "speaker": "Sameer Kanal" }, { "id": "cue-1476", "start": 7724.278, "end": 7729.259, "text": "So if we are going to use it, or frankly general fund money, there's an opportunity cost, something that won't get funded.", "speaker": "Sameer Kanal" }, { "id": "cue-1477", "start": 7729.644, "end": 7730.833, "text": "And we haven't looked at that yet.", "speaker": "Sameer Kanal" }, { "id": "cue-1478", "start": 7730.914, "end": 7738.272, "text": "And there's a concern that if we don't look into it, if we don't guarantee in the term sheet that we're going to look into it, we might not by the time December rolls around.", "speaker": "Sameer Kanal" }, { "id": "cue-1479", "start": 7738.321, "end": 7738.417, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-1480", "start": 7739.524, "end": 7745.713, "text": "Councilor Green and Avalos proposed being clear that the council can remove people from the joint authority, which I think is really important.", "speaker": "Sameer Kanal" }, { "id": "cue-1481", "start": 7745.761, "end": 7749.914, "text": "It was in one of the amendments down in the footnotes, but it was clearly in track changes.", "speaker": "Sameer Kanal" }, { "id": "cue-1482", "start": 7750.732, "end": 7755.221, "text": "And Councilor Avalos has, of course, raised private capital contributions, revenue sharing, and participation naming rights.", "speaker": "Sameer Kanal" }, { "id": "cue-1483", "start": 7756.183, "end": 7761.491, "text": "I want to focus on one missing piece, though, which is the part of Canal 1 that didn't get in to protect PSF.", "speaker": "Sameer Kanal" }, { "id": "cue-1484", "start": 7762.277, "end": 7772.205, "text": "I propose that we say we can only evaluate the use of a restricted fund with enough information and time to evaluate it through the standard evaluation processes.", "speaker": "Sameer Kanal" }, { "id": "cue-1485", "start": 7772.863, "end": 7792.451, "text": "I think that both Councilor Murillo's amendment and mine were attempting to resolve a similar concern, which is the idea, I think it's December 9th that the plan is to have a final vote ideally on this, that on December 8th, we're told by probably somebody who works for the city that this is all piecefable, don't worry about it, just go with it.", "speaker": "Sameer Kanal" }, { "id": "cue-1486", "start": 7792.515, "end": 7792.611, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-1487", "start": 7794.119, "end": 7797.487, "text": "And I'm very concerned about that, trying to get out ahead of it.", "speaker": "Sameer Kanal" }, { "id": "cue-1488", "start": 7798.064, "end": 7799.187, "text": "We haven't managed to yet.", "speaker": "Sameer Kanal" }, { "id": "cue-1489", "start": 7799.283, "end": 7802.266, "text": "If there's the votes to do it today, I definitely want to do that today.", "speaker": "Sameer Kanal" }, { "id": "cue-1490", "start": 7802.779, "end": 7806.339, "text": "If not, I will, you know, certainly have that as a concern going forward.", "speaker": "Sameer Kanal" }, { "id": "cue-1491", "start": 7807.029, "end": 7818.255, "text": "But I wanted to note that in brief, in passing, when I asked questions, the negotiating team told me that you think PCF evaluation processes are already protected.", "speaker": "Sameer Kanal" }, { "id": "cue-1492", "start": 7818.319, "end": 7818.399, "text": "Yes.", "speaker": "Sameer Kanal" }, { "id": "cue-1493", "start": 7819.138, "end": 7823.829, "text": "And I wanted to ask if you could give a little bit more detail on that to me, my colleagues, and to the public.", "speaker": "Sameer Kanal" }, { "id": "cue-1494", "start": 7824.279, "end": 7825.372, "text": "Thanks for the question, Councilor.", "speaker": "Donnie Oliveira" }, { "id": "cue-1495", "start": 7825.902, "end": 7839.558, "text": "So in this particular case, I believe we are talking about any time that in the code, any time that council will take an action related to the PSF code, the PSF committee will deliberate on those topics.", "speaker": "Donnie Oliveira" }, { "id": "cue-1496", "start": 7839.975, "end": 7849.881, "text": "So in the event that we have details that could potentially utilize PSF dollars for this renovation, before that came to council, the PCF committee would contemplate it.", "speaker": "Donnie Oliveira" }, { "id": "cue-1497", "start": 7850.635, "end": 7870.416, "text": "The original plan for this particular moment in time was that we had scheduled time in July for the PCF committee to receive details from the Blazers and their architect team, by which they could have, in theory, assuming the data was obvious and the eligibility was clear, would've made a recommendation to council to proceed with contemplation of the $75 million or whatever the number would've been.", "speaker": "Donnie Oliveira" }, { "id": "cue-1498", "start": 7870.464, "end": 7871.106, "text": "I think that's a good point.", "speaker": "Donnie Oliveira" }, { "id": "cue-1499", "start": 7871.972, "end": 7874.202, "text": "Because we didn't get those details, that meeting never happened.", "speaker": "Donnie Oliveira" }, { "id": "cue-1500", "start": 7874.7, "end": 7877.01, "text": "So our working assumption remains the same.", "speaker": "Donnie Oliveira" }, { "id": "cue-1501", "start": 7877.25, "end": 7883.651, "text": "Like all other PSF actions, before they come to council, the PSF committee will evaluate and make a recommendation.", "speaker": "Donnie Oliveira" }, { "id": "cue-1502", "start": 7884.79, "end": 7895.86, "text": "So that means that in the event that we don't get the information in time for that process before a final vote in December, that your proposal would by necessity not include PSF?", "speaker": "Sameer Kanal" }, { "id": "cue-1503", "start": 7896.742, "end": 7897.609, "text": "Councilor, absolutely.", "speaker": "Donnie Oliveira" }, { "id": "cue-1504", "start": 7897.721, "end": 7901.619, "text": "But also, if we don't have the details for PSF, that means we probably don't have the details for the whole package.", "speaker": "Donnie Oliveira" }, { "id": "cue-1505", "start": 7902.684, "end": 7904.518, "text": "Okay, I agree on that.", "speaker": "Sameer Kanal" }, { "id": "cue-1506", "start": 7904.695, "end": 7911.033, "text": "I appreciate the first half of that because I agree that probably on the second half, but the first half did not have probably, and I appreciate that.", "speaker": "Sameer Kanal" }, { "id": "cue-1507", "start": 7914.385, "end": 7924.379, "text": "The other thing that I wanted to try and get on the record here is there's nothing in this that outsources the decision on PSF eligibility to the joint authority in this document, right?", "speaker": "Sameer Kanal" }, { "id": "cue-1508", "start": 7924.541, "end": 7924.751, "text": "Correct.", "speaker": "Donnie Oliveira" }, { "id": "cue-1509", "start": 7925.09, "end": 7925.995, "text": "It's 100%.", "speaker": "Donnie Oliveira" }, { "id": "cue-1510", "start": 7926.641, "end": 7929.839, "text": "The allocation of city resources follow the normal city process.", "speaker": "Donnie Oliveira" }, { "id": "cue-1511", "start": 7930.283, "end": 7933.862, "text": "Which means City Council determines that based on input for the PSEF committee?", "speaker": "Sameer Kanal" }, { "id": "cue-1512", "start": 7934.039, "end": 7934.376, "text": "Correct.", "speaker": "Donnie Oliveira" }, { "id": "cue-1513", "start": 7934.841, "end": 7935.098, "text": "Okay.", "speaker": "Sameer Kanal" }, { "id": "cue-1514", "start": 7935.884, "end": 7936.992, "text": "I appreciate that.", "speaker": "Sameer Kanal" }, { "id": "cue-1515", "start": 7937.088, "end": 7954.231, "text": "Obviously, colleagues, my concern has been that having the way the joint authority is currently contemplated, having the same people who are appointed by someone who wanted to use PSEF for sweeps a few months ago be deciding whether or not it's eligible for this has been a concern to me.", "speaker": "Sameer Kanal" }, { "id": "cue-1516", "start": 7955.162, "end": 7959.817, "text": "And I appreciate that several of my colleagues have worked on fixing that latter problem and we'll do that here.", "speaker": "Sameer Kanal" }, { "id": "cue-1517", "start": 7960.298, "end": 7961.245, "text": "I appreciate that.", "speaker": "Sameer Kanal" }, { "id": "cue-1518", "start": 7961.566, "end": 7963.971, "text": "I would still like it to be more specific than that.", "speaker": "Sameer Kanal" }, { "id": "cue-1519", "start": 7964.147, "end": 7969.886, "text": "I doubt, but I will ask as colleagues are discussing this for them to prove me wrong if I am wrong.", "speaker": "Sameer Kanal" }, { "id": "cue-1520", "start": 7970.318, "end": 7973.925, "text": "But I doubt that there are the votes to reconsider that previous amendment.", "speaker": "Sameer Kanal" }, { "id": "cue-1521", "start": 7974.31, "end": 7978.943, "text": "If so, I would love it if someone who voted no on it previously said so, so that we could do it.", "speaker": "Sameer Kanal" }, { "id": "cue-1522", "start": 7979.6, "end": 7981.572, "text": "The rest of either Kanal 1 or Murillo 1.", "speaker": "Sameer Kanal" }, { "id": "cue-1523", "start": 7981.7, "end": 7986.268, "text": "I actually think Murillo 1 is longer and may take a little longer to read, but I think it's better.", "speaker": "Sameer Kanal" }, { "id": "cue-1524", "start": 7986.365, "end": 7987.839, "text": "It's more comprehensive, frankly.", "speaker": "Sameer Kanal" }, { "id": "cue-1525", "start": 7988.192, "end": 7991.126, "text": "And I got 2/3 of what's in Kanal 1 already in.", "speaker": "Sameer Kanal" }, { "id": "cue-1526", "start": 7991.558, "end": 7992.777, "text": "But either one for me would be sufficient.", "speaker": "Sameer Kanal" }, { "id": "cue-1527", "start": 7992.841, "end": 7993.29, "text": "Councilor Dan Ryan.", "speaker": "Sameer Kanal" }, { "id": "cue-1528", "start": 7993.21, "end": 7995.295, "text": "Sufficient to meet that particular concern.", "speaker": "Sameer Kanal" }, { "id": "cue-1529", "start": 7995.809, "end": 7999.339, "text": "And so I, I am curious about that, and I just wanted to get that on the record.", "speaker": "Sameer Kanal" }, { "id": "cue-1530", "start": 7999.5, "end": 8011.614, "text": "And I appreciate the, the answers to the questions, but also I, I still would prefer it to be a little bit more explicit because one of the things that's come up here is, um, there's not a lot of public trust, um, around this process.", "speaker": "Sameer Kanal" }, { "id": "cue-1531", "start": 8012.016, "end": 8015.465, "text": "I think I'm saying that in the most understatement way possible.", "speaker": "Sameer Kanal" }, { "id": "cue-1532", "start": 8015.931, "end": 8025.997, "text": "Um, and I think that one thing that we can do— I understand that from a legal perspective and from, you know, the jobs that you all have, it doesn't necessarily need to have certain things in the text.", "speaker": "Sameer Kanal" }, { "id": "cue-1533", "start": 8026.463, "end": 8034.993, "text": "But for the people that are one row behind you and evidently outside in the plaza, uh, it might be helpful to have those things to, to be clearer.", "speaker": "Sameer Kanal" }, { "id": "cue-1534", "start": 8035.073, "end": 8036.374, "text": "So that's my interest there.", "speaker": "Sameer Kanal" }, { "id": "cue-1535", "start": 8036.968, "end": 8039.972, "text": "Um, but I'll, I'll leave it at that for now and let the discussion continue.", "speaker": "Sameer Kanal" }, { "id": "cue-1536", "start": 8040.036, "end": 8040.39, "text": "Thanks.", "speaker": "Sameer Kanal" }, { "id": "cue-1537", "start": 8041.305, "end": 8042.301, "text": "Thank you, Councilor Kanal.", "speaker": "Jamie Dunphy" }, { "id": "cue-1538", "start": 8042.671, "end": 8052.033, "text": "Uh, colleagues, just to— for clarity, uh, it is my intention to get us through to the technical amendment and then we'll take a rest Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-1539", "start": 8052.667, "end": 8056.405, "text": "Mr. President, did you say that it's time for us to offer any other amendments?", "speaker": "Steve Novick" }, { "id": "cue-1540", "start": 8056.959, "end": 8057.843, "text": "Absolutely.", "speaker": "Jamie Dunphy" }, { "id": "cue-1541", "start": 8058.132, "end": 8058.663, "text": "Okay.", "speaker": "Steve Novick" }, { "id": "cue-1542", "start": 8059.016, "end": 8065.158, "text": "A couple of weeks ago, President Hankins told us that no team would sign a lease that puts it in the red for 20 years.", "speaker": "Steve Novick" }, { "id": "cue-1543", "start": 8067.949, "end": 8072.138, "text": "I asked the question, why would a landlord sign a lease that puts us in the red for 20 years?", "speaker": "Steve Novick" }, { "id": "cue-1544", "start": 8074, "end": 8084.796, "text": "Based on, as I was saying earlier, I think that the amount that we'll be putting in, assuming we borrow the money and discounting the, you know, the business license fee money, would be $117 million.", "speaker": "Steve Novick" }, { "id": "cue-1545", "start": 8086.321, "end": 8092.35, "text": "We are right now, thanks to the proposals that have been brought forward, at about $86 million.", "speaker": "Steve Novick" }, { "id": "cue-1546", "start": 8093.382, "end": 8107.204, "text": "So based on my pure back-of-the-envelope calculations, I think that in order to get to $117 million and get to an even deal, We'd have to increase the rent to $3.17 million a year.", "speaker": "Steve Novick" }, { "id": "cue-1547", "start": 8107.673, "end": 8111.055, "text": "So I move to increase the rent amount to $3.17 million.", "speaker": "Steve Novick" }, { "id": "cue-1548", "start": 8112.283, "end": 8113.914, "text": "Councilor Novick has moved.", "speaker": "Jamie Dunphy" }, { "id": "cue-1549", "start": 8114.06, "end": 8117.42, "text": "We'll call this Novick 1, 2, I don't know.", "speaker": "Jamie Dunphy" }, { "id": "cue-1550", "start": 8119.169, "end": 8121.175, "text": "And are you able to reduce that to writing?", "speaker": "Jamie Dunphy" }, { "id": "cue-1551", "start": 8122.678, "end": 8122.81, "text": "Yes.", "speaker": "Steve Novick" }, { "id": "cue-1552", "start": 8123.107, "end": 8123.453, "text": "Thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-1553", "start": 8123.519, "end": 8124.244, "text": "Is there a second?", "speaker": "Jamie Dunphy" }, { "id": "cue-1554", "start": 8128.58, "end": 8129.803, "text": "Second, because I want to debate it.", "speaker": "Mitch Green" }, { "id": "cue-1555", "start": 8129.9, "end": 8130.495, "text": "I want to know more.", "speaker": "Mitch Green" }, { "id": "cue-1556", "start": 8130.882, "end": 8134.697, "text": "Okay, Councilor Green seconds.", "speaker": "Jamie Dunphy" }, { "id": "cue-1557", "start": 8135.035, "end": 8140.118, "text": "Colleagues to the, uh, Novick— I believe it's Novick 2 at this point.", "speaker": "Jamie Dunphy" }, { "id": "cue-1558", "start": 8140.523, "end": 8142.419, "text": "So colleagues to Novick 2, to those in the queue.", "speaker": "Jamie Dunphy" }, { "id": "cue-1559", "start": 8143.115, "end": 8143.861, "text": "Uh, Councilor Murillo.", "speaker": "Jamie Dunphy" }, { "id": "cue-1560", "start": 8146.319, "end": 8150.745, "text": "Uh, I was going to talk about something else, but I'm interested to learn more and see the language.", "speaker": "Angelita Morillo" }, { "id": "cue-1561", "start": 8150.875, "end": 8156.617, "text": "I'm not really sure why you didn't support Councilor Green's amendment, but sure, we can just Okay, Councilor Knoll.", "speaker": "Angelita Morillo" }, { "id": "cue-1562", "start": 8157.787, "end": 8157.931, "text": "Aye.", "speaker": "Keelan McClymont" }, { "id": "cue-1563", "start": 8158.668, "end": 8160.078, "text": "Okay, Councilor Green.", "speaker": "Jamie Dunphy" }, { "id": "cue-1564", "start": 8161.553, "end": 8165.799, "text": "Yeah, I just need you to clarify what you're doing here, Councilor.", "speaker": "Mitch Green" }, { "id": "cue-1565", "start": 8166.777, "end": 8169.181, "text": "Is that flat nominal across 20 years?", "speaker": "Mitch Green" }, { "id": "cue-1566", "start": 8169.261, "end": 8171.648, "text": "Is that the base and then escalated at 3%?", "speaker": "Mitch Green" }, { "id": "cue-1567", "start": 8172.77, "end": 8179.645, "text": "Sorry, it's— it would— no, it would be changing the $2 million in the current proposal to $3.17 million with the same escalator.", "speaker": "Steve Novick" }, { "id": "cue-1568", "start": 8179.901, "end": 8180.029, "text": "Okay.", "speaker": "Steve Novick" }, { "id": "cue-1569", "start": 8180.863, "end": 8183.074, "text": "That's my question.", "speaker": "Mitch Green" }, { "id": "cue-1570", "start": 8183.411, "end": 8186.151, "text": "I'm doing my math while we sit here and talk.", "speaker": "Mitch Green" }, { "id": "cue-1571", "start": 8186.936, "end": 8187.881, "text": "Thank you, Councilor Green.", "speaker": "Jamie Dunphy" }, { "id": "cue-1572", "start": 8188.058, "end": 8188.715, "text": "Councilor Pirtle-Guiney.", "speaker": "Jamie Dunphy" }, { "id": "cue-1573", "start": 8189.82, "end": 8190.958, "text": "Thank you, Council President.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1574", "start": 8191.038, "end": 8198.618, "text": "Councilor Novick, your calculations are based on us borrowing and paying interest, us bonding for this essentially.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1575", "start": 8198.73, "end": 8199.852, "text": "Is that correct?", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1576", "start": 8200.317, "end": 8208.11, "text": "Yeah, my assumption, my assumption was that we're not going to approve using PCF money, um, Or even if we did, we'd only approve it as a loan.", "speaker": "Steve Novick" }, { "id": "cue-1577", "start": 8208.95, "end": 8217.95, "text": "So I told Jonas, all right, if we're going to put up $120 million, let's assume we are going to get $45 million in business license tax money from the sale of the Blazers.", "speaker": "Steve Novick" }, { "id": "cue-1578", "start": 8217.95, "end": 8220.95, "text": "I realize that's money we would get anyway, but at least it's Blazer-related.", "speaker": "Steve Novick" }, { "id": "cue-1579", "start": 8221.57, "end": 8223.26, "text": "So that leaves us another $75 million.", "speaker": "Steve Novick" }, { "id": "cue-1580", "start": 8223.63, "end": 8229.73, "text": "And I asked Jonas, what is a reasonable interest rate we'd expect to get if we're borrowing $75 million?", "speaker": "Steve Novick" }, { "id": "cue-1581", "start": 8229.73, "end": 8231.81, "text": "And I think he said something like 4.6%.", "speaker": "Steve Novick" }, { "id": "cue-1582", "start": 8231.81, "end": 8233.69, "text": "Apply that, come to $117 million.", "speaker": "Steve Novick" }, { "id": "cue-1583", "start": 8233.69, "end": 8233.73, "text": "Thank you.", "speaker": "Steve Novick" }, { "id": "cue-1584", "start": 8234.829, "end": 8239.354, "text": "So I'm trying to figure out how we get back $117 million over 20 years.", "speaker": "Steve Novick" }, { "id": "cue-1585", "start": 8241.494, "end": 8242.127, "text": "Understood.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1586", "start": 8242.614, "end": 8258.193, "text": "If we were able to do this without borrowing, and I'm not looking specifically to PSAP, I want to be really clear, there are other funding sources that have been floated through this whole process, we would be at even now, correct?", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1587", "start": 8260.054, "end": 8261.632, "text": "Based on your calculations that you've done?", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1588", "start": 8262.55, "end": 8263.307, "text": "Yeah, but I don't care.", "speaker": "Steve Novick" }, { "id": "cue-1589", "start": 8263.822, "end": 8265.255, "text": "I mean, I'm closing my mind.", "speaker": "Steve Novick" }, { "id": "cue-1590", "start": 8265.303, "end": 8266.785, "text": "I'm assuming that we have to borrow the money.", "speaker": "Steve Novick" }, { "id": "cue-1591", "start": 8267.155, "end": 8268.089, "text": "That's my assumption.", "speaker": "Steve Novick" }, { "id": "cue-1592", "start": 8268.733, "end": 8269.939, "text": "Thank you for that clarification.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1593", "start": 8271.092, "end": 8272.112, "text": "Thank you, Councilor Pirtle-Guiney.", "speaker": "Jamie Dunphy" }, { "id": "cue-1594", "start": 8272.97, "end": 8273.569, "text": "Councilor Smith.", "speaker": "Jamie Dunphy" }, { "id": "cue-1595", "start": 8275.528, "end": 8275.884, "text": "Thank you.", "speaker": "Loretta Smith" }, { "id": "cue-1596", "start": 8276.419, "end": 8297.93, "text": "Um, that's a, a really thoughtful idea, but it is making us make a decision on the money piece, um, when we haven't been presented with the money piece, and I don't want to just piecemeal something together when we may, as Councilor Pirtle-Guiney says, we may have some other options to be able to pay for this outright.", "speaker": "Loretta Smith" }, { "id": "cue-1597", "start": 8298.138, "end": 8307.372, "text": "So I don't want to mess anything up right now, but thank you for coming up with that very clever formula.", "speaker": "Loretta Smith" }, { "id": "cue-1598", "start": 8308.319, "end": 8321.504, "text": "I just don't think that it's— I don't think that it is good for us to make a decision like this outside of the bigger conversation that we're going to have around how do we pay for the whole thing.", "speaker": "Loretta Smith" }, { "id": "cue-1599", "start": 8325.19, "end": 8325.674, "text": "Thank you, Councilor Smith.", "speaker": "Jamie Dunphy" }, { "id": "cue-1600", "start": 8325.771, "end": 8326.19, "text": "Thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-1601", "start": 8326.578, "end": 8326.965, "text": "Councilor Green.", "speaker": "Jamie Dunphy" }, { "id": "cue-1602", "start": 8329.16, "end": 8330.355, "text": "Yeah, I'm inclined to support it.", "speaker": "Mitch Green" }, { "id": "cue-1603", "start": 8330.532, "end": 8341.085, "text": "Um, I'll note that it is, it is more reven— more revenue and rent than the sort of most rosy scenario for Tom Dundon.", "speaker": "Mitch Green" }, { "id": "cue-1604", "start": 8341.938, "end": 8345.767, "text": "And less revenue and rent for the worst-case scenario for Tom Dundon.", "speaker": "Mitch Green" }, { "id": "cue-1605", "start": 8346.539, "end": 8351.208, "text": "It's a little closer to the 7% zero bound.", "speaker": "Mitch Green" }, { "id": "cue-1606", "start": 8352.174, "end": 8353.623, "text": "So I'm fine with that.", "speaker": "Mitch Green" }, { "id": "cue-1607", "start": 8353.768, "end": 8358.56, "text": "It's certainly better than not having the extra here, significantly better so.", "speaker": "Mitch Green" }, { "id": "cue-1608", "start": 8361.274, "end": 8365.605, "text": "The total cost is $400 million, so it does leave a gap, but I appreciate what you're doing.", "speaker": "Mitch Green" }, { "id": "cue-1609", "start": 8365.944, "end": 8381.343, "text": "You're getting us closer to a thing, and I would also urge my colleagues support this because if you're going to be a fiscally responsible person in our budget setting choices, like we had a lot of conversation last spring about what it means to be fiscally responsible.", "speaker": "Mitch Green" }, { "id": "cue-1610", "start": 8382.034, "end": 8392.656, "text": "And if you're going to say, well, maybe we'll hope to get some other revenue later on a hope and a prayer, I don't know how that squares with previous positions taken.", "speaker": "Mitch Green" }, { "id": "cue-1611", "start": 8392.704, "end": 8394.837, "text": "So kudos to Councilor Novick.", "speaker": "Mitch Green" }, { "id": "cue-1612", "start": 8394.902, "end": 8395.015, "text": "Thank you.", "speaker": "Mitch Green" }, { "id": "cue-1613", "start": 8395.905, "end": 8396.785, "text": "You have my endorsement.", "speaker": "Donnie Oliveira" }, { "id": "cue-1614", "start": 8397.062, "end": 8398.055, "text": "Let's vote yes on this.", "speaker": "Mitch Green" }, { "id": "cue-1615", "start": 8399.73, "end": 8399.826, "text": "Thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-1616", "start": 8399.875, "end": 8400.295, "text": "Councilor Green?", "speaker": "Jamie Dunphy" }, { "id": "cue-1617", "start": 8402.429, "end": 8404.32, "text": "Councilor Murray is still for the— okay, cool.", "speaker": "Jamie Dunphy" }, { "id": "cue-1618", "start": 8404.772, "end": 8406.437, "text": "Okay, seeing no one else in the queue, can we please—.", "speaker": "Jamie Dunphy" }, { "id": "cue-1619", "start": 8406.437, "end": 8407.003, "text": "I'm in the queue.", "speaker": "Loretta Smith" }, { "id": "cue-1620", "start": 8407.181, "end": 8407.779, "text": "Oh, you are in the queue again.", "speaker": "Jamie Dunphy" }, { "id": "cue-1621", "start": 8407.844, "end": 8408.005, "text": "I'm sorry.", "speaker": "Jamie Dunphy" }, { "id": "cue-1622", "start": 8408.07, "end": 8408.458, "text": "Councilor Smith?", "speaker": "Jamie Dunphy" }, { "id": "cue-1623", "start": 8408.733, "end": 8409.169, "text": "Councilor Smith?", "speaker": "Jamie Dunphy" }, { "id": "cue-1624", "start": 8409.687, "end": 8411.465, "text": "Um, I just have a quick question.", "speaker": "Loretta Smith" }, { "id": "cue-1625", "start": 8411.805, "end": 8428.984, "text": "So adding this amendment, which is adding to a non-binding, um, term sheet already, it does not bind us to that if we in the future to this, um, amendment that Councilor Novick is trying to, uh, to push through?", "speaker": "Loretta Smith" }, { "id": "cue-1626", "start": 8429.594, "end": 8434.058, "text": "Councilor Reed, that would be our starting position with negotiations if it, if it was adopted.", "speaker": "Donnie Oliveira" }, { "id": "cue-1627", "start": 8434.652, "end": 8438.555, "text": "But what I'm saying, but it's not— this is not a binding document, right?", "speaker": "Loretta Smith" }, { "id": "cue-1628", "start": 8440.032, "end": 8441.14, "text": "No, but it's directive.", "speaker": "Donnie Oliveira" }, { "id": "cue-1629", "start": 8441.333, "end": 8443.195, "text": "It's— we're taking it as a starting position.", "speaker": "Donnie Oliveira" }, { "id": "cue-1630", "start": 8443.709, "end": 8459.942, "text": "Okay, I, I appreciate you taking it as a starting position, but what I'm, what I'm trying to say is If we do this amendment saying where the money comes from and how much money we get back and how we, how we pay for this now, does it bind us to doing this thing that he's trying to do?", "speaker": "Loretta Smith" }, { "id": "cue-1631", "start": 8464.099, "end": 8466.116, "text": "Um, I, I don't, I don't think so, Councilor.", "speaker": "Donnie Oliveira" }, { "id": "cue-1632", "start": 8466.665, "end": 8478.474, "text": "I think if I understand the Councilor's amendment, it's— he's really tweaking the details around the rent and he's basing it on some assumptions about the broader funding, which I think in all fairness we have to sort out, but the—.", "speaker": "Donnie Oliveira" }, { "id": "cue-1633", "start": 8478.7, "end": 8480.005, "text": "But we haven't decided that yet.", "speaker": "Loretta Smith" }, { "id": "cue-1634", "start": 8480.086, "end": 8489.221, "text": "But what I'm trying to— what I'm trying to find out is, does it make us do what he says he's going to do since this is a non-binding document that we're sending?", "speaker": "Loretta Smith" }, { "id": "cue-1635", "start": 8490.826, "end": 8490.923, "text": "No.", "speaker": "Loretta Smith" }, { "id": "cue-1636", "start": 8491.053, "end": 8491.231, "text": "No.", "speaker": "Unidentified speaker" }, { "id": "cue-1637", "start": 8493.339, "end": 8495.334, "text": "Okay, thank you.", "speaker": "Loretta Smith" }, { "id": "cue-1638", "start": 8496.485, "end": 8497.28, "text": "Thank you, Councilor Smith.", "speaker": "Jamie Dunphy" }, { "id": "cue-1639", "start": 8499.1, "end": 8503.51, "text": "Calling— seeing no one else in the queue, can we please call the roll on Novick 2?", "speaker": "Jamie Dunphy" }, { "id": "cue-1640", "start": 8503.784, "end": 8505.571, "text": "I'm sorry, yeah, is that right?", "speaker": "Jamie Dunphy" }, { "id": "cue-1641", "start": 8505.7, "end": 8509.692, "text": "We're calling it Novick— I don't know, Novick 1.", "speaker": "Jamie Dunphy" }, { "id": "cue-1642", "start": 8510.143, "end": 8511.933, "text": "We'll call it whatever.", "speaker": "Jamie Dunphy" }, { "id": "cue-1643", "start": 8512.144, "end": 8512.68, "text": "Yeah.", "speaker": "Raymond C. Lee" }, { "id": "cue-1644", "start": 8512.875, "end": 8515.05, "text": "Uh, moved by Novick, seconded by Green.", "speaker": "Keelan McClymont" }, { "id": "cue-1645", "start": 8515.31, "end": 8515.797, "text": "Koyama Lane?", "speaker": "Keelan McClymont" }, { "id": "cue-1646", "start": 8517.42, "end": 8517.469, "text": "Aye.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1647", "start": 8518.733, "end": 8519.007, "text": "Green?", "speaker": "Keelan McClymont" }, { "id": "cue-1648", "start": 8519.764, "end": 8519.812, "text": "Aye.", "speaker": "Mitch Green" }, { "id": "cue-1649", "start": 8520.987, "end": 8521.406, "text": "Novick?", "speaker": "Keelan McClymont" }, { "id": "cue-1650", "start": 8521.776, "end": 8521.824, "text": "Aye.", "speaker": "Steve Novick" }, { "id": "cue-1651", "start": 8522.742, "end": 8523.096, "text": "Clark?", "speaker": "Keelan McClymont" }, { "id": "cue-1652", "start": 8523.338, "end": 8523.643, "text": "No.", "speaker": "Olivia Clark" }, { "id": "cue-1653", "start": 8525.736, "end": 8526.026, "text": "Green?", "speaker": "Keelan McClymont" }, { "id": "cue-1654", "start": 8526.445, "end": 8526.622, "text": "Aye.", "speaker": "Mitch Green" }, { "id": "cue-1655", "start": 8527.105, "end": 8527.475, "text": "Zimmerman?", "speaker": "Keelan McClymont" }, { "id": "cue-1656", "start": 8527.974, "end": 8528.071, "text": "No.", "speaker": "Eric Zimmerman" }, { "id": "cue-1657", "start": 8531.491, "end": 8531.732, "text": "No.", "speaker": "Loretta Smith" }, { "id": "cue-1658", "start": 8532.392, "end": 8532.682, "text": "Null.", "speaker": "Keelan McClymont" }, { "id": "cue-1659", "start": 8533.02, "end": 8533.068, "text": "Aye.", "speaker": "Sameer Kanal" }, { "id": "cue-1660", "start": 8534.082, "end": 8534.855, "text": "No.", "speaker": "Angelita Morillo" }, { "id": "cue-1661", "start": 8536.964, "end": 8537.125, "text": "No.", "speaker": "Unidentified speaker" }, { "id": "cue-1662", "start": 8539.379, "end": 8539.54, "text": "Aye.", "speaker": "Keelan McClymont" }, { "id": "cue-1663", "start": 8540.506, "end": 8544.043, "text": "Uh, the amendment is approved with a vote of 7 ayes and 5 nays.", "speaker": "Keelan McClymont" }, { "id": "cue-1664", "start": 8545.028, "end": 8545.706, "text": "Thank you, colleagues.", "speaker": "Jamie Dunphy" }, { "id": "cue-1665", "start": 8547.362, "end": 8547.91, "text": "Councilor Morillo.", "speaker": "Jamie Dunphy" }, { "id": "cue-1666", "start": 8549.214, "end": 8550.856, "text": "Thank you.", "speaker": "Angelita Morillo" }, { "id": "cue-1667", "start": 8551.935, "end": 8559.058, "text": "Um, I I appreciate everything that you laid out, Councilor Kanal, as far as accountability for these public dollars.", "speaker": "Angelita Morillo" }, { "id": "cue-1668", "start": 8560.25, "end": 8568.188, "text": "So because of that, I'm gonna re— I, I would also like to hear people's rationale for Murillo 1, um, specifically.", "speaker": "Angelita Morillo" }, { "id": "cue-1669", "start": 8568.252, "end": 8571.741, "text": "Uh, and everyone keeps asking me this, it's Murillo or Murillo?", "speaker": "Angelita Morillo" }, { "id": "cue-1670", "start": 8571.903, "end": 8573.843, "text": "It's English and Spanish, it's fine either way.", "speaker": "Angelita Morillo" }, { "id": "cue-1671", "start": 8574.489, "end": 8589.24, "text": "But I want to bring this back because I think that we need some accountability and for not just ourselves, but also for the public, for why we are making certain decisions and also to figure out the opportunity costs.", "speaker": "Angelita Morillo" }, { "id": "cue-1672", "start": 8589.706, "end": 8608.046, "text": "Because if we are being given information that's very last minute about the budget vote in December, and say we do end up having to use PSF dollars for this because we have obligated ourselves to something and there are no other alternative funds, which is a very real possibility.", "speaker": "Angelita Morillo" }, { "id": "cue-1673", "start": 8608.099, "end": 8608.486, "text": "Yes.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1674", "start": 8608.212, "end": 8608.82, "text": "Possibility.", "speaker": "Angelita Morillo" }, { "id": "cue-1675", "start": 8609.83, "end": 8617.89, "text": "There are currently invested in climate projects that are going to have to be— we're going to remove the funding for those projects.", "speaker": "Angelita Morillo" }, { "id": "cue-1676", "start": 8618.387, "end": 8620.598, "text": "Every single PCF dollar is already allocated.", "speaker": "Angelita Morillo" }, { "id": "cue-1677", "start": 8621.447, "end": 8636.173, "text": "So if we are not willing to get clarity around what we are going to be cutting, I, I don't really understand what the drawback is for us having more information as a council body to make a responsible vote.", "speaker": "Angelita Morillo" }, { "id": "cue-1678", "start": 8636.734, "end": 8641.269, "text": "So I've emailed that to you and your staff to review the language again.", "speaker": "Angelita Morillo" }, { "id": "cue-1679", "start": 8641.446, "end": 8644.058, "text": "It should be in your inboxes right now just for easy access.", "speaker": "Angelita Morillo" }, { "id": "cue-1680", "start": 8645.147, "end": 8655.131, "text": "And I would just like to hear if folks have any rationale for why they would be against having more information as the body that has the power of the purse on this.", "speaker": "Angelita Morillo" }, { "id": "cue-1681", "start": 8655.724, "end": 8658.336, "text": "And Councilor, are you moving this or just is this for the purpose of the discussion?", "speaker": "Jamie Dunphy" }, { "id": "cue-1682", "start": 8659.73, "end": 8660.339, "text": "I will move it.", "speaker": "Angelita Morillo" }, { "id": "cue-1683", "start": 8662.37, "end": 8662.677, "text": "Second.", "speaker": "Candace Avalos" }, { "id": "cue-1684", "start": 8663.358, "end": 8663.747, "text": "Thank you.", "speaker": "Angelita Morillo" }, { "id": "cue-1685", "start": 8664.2, "end": 8665.205, "text": "Okay, colleagues.", "speaker": "Jamie Dunphy" }, { "id": "cue-1686", "start": 8666.193, "end": 8667.716, "text": "Point of information, Council President.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1687", "start": 8667.845, "end": 8668.574, "text": "Councilor Pirtle-Guiney.", "speaker": "Jamie Dunphy" }, { "id": "cue-1688", "start": 8669.044, "end": 8679.884, "text": "Can a previously failed amendment be reintroduced as is by somebody who voted for it?", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1689", "start": 8680.063, "end": 8696.882, "text": "I thought previously failed amendments could only be reintroduced by somebody who voted in the Who voted in the prevailing, and therefore a tweaked language of this might be able to be introduced under a different number, but this cannot be reintroduced as is.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1690", "start": 8697.385, "end": 8698.75, "text": "That was my understanding as well.", "speaker": "Jamie Dunphy" }, { "id": "cue-1691", "start": 8701.04, "end": 8710.064, "text": "Recognizing that we are going to be introducing some more amendments before we get to the technical one, I'm going to go ahead and give us a 10-minute break right now, and we will plan on having another break after the technical amendment is back.", "speaker": "Jamie Dunphy" }, { "id": "cue-1692", "start": 8710.211, "end": 8714.608, "text": "But we will figure out that— answer that question and give everybody a human break.", "speaker": "Jamie Dunphy" }, { "id": "cue-1693", "start": 8714.71, "end": 8717.016, "text": "We'll be back at 12 o'clock, please.", "speaker": "Jamie Dunphy" }, { "id": "cue-1694", "start": 9604.57, "end": 9608.493, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-1695", "start": 9608.702, "end": 9611.043, "text": "And we are back.", "speaker": "Jamie Dunphy" }, { "id": "cue-1696", "start": 9611.221, "end": 9612.787, "text": "Thank you all very much, folks.", "speaker": "Jamie Dunphy" }, { "id": "cue-1697", "start": 9613.79, "end": 9616.995, "text": "Councilor Murillo.", "speaker": "Jamie Dunphy" }, { "id": "cue-1698", "start": 9618.15, "end": 9619.679, "text": "Settle down, everybody.", "speaker": "Angelita Morillo" }, { "id": "cue-1699", "start": 9620.378, "end": 9621.96, "text": "Okay, um, thank you, Council President.", "speaker": "Angelita Morillo" }, { "id": "cue-1700", "start": 9622.109, "end": 9624.462, "text": "Uh, I wanted to clarify, so Yes.", "speaker": "Angelita Morillo" }, { "id": "cue-1701", "start": 9624.719, "end": 9632.131, "text": "I think some of our colleagues are still coming back, but I will be dropping the original introduction of the original Morillo 1.", "speaker": "Angelita Morillo" }, { "id": "cue-1702", "start": 9632.564, "end": 9643.313, "text": "And instead, you should have in your inboxes right now something from Susie from my office, Morillo Canal Amendment to this ordinance.", "speaker": "Angelita Morillo" }, { "id": "cue-1703", "start": 9643.458, "end": 9658.78, "text": "And it changes it to, instead of 30 days, having a report 30 days before council has to make a vote on it, 15 days, because we heard from the administration that having the standardized 2 weeks deadline would be a better option and would be more feasible.", "speaker": "Angelita Morillo" }, { "id": "cue-1704", "start": 9660.906, "end": 9662.443, "text": "And if I could get a second for that, I would like—.", "speaker": "Angelita Morillo" }, { "id": "cue-1705", "start": 9663.252, "end": 9667.007, "text": "Councilor Murillo moves— what are we calling this?", "speaker": "Jamie Dunphy" }, { "id": "cue-1706", "start": 9667.072, "end": 9668.399, "text": "Murillo 3?", "speaker": "Jamie Dunphy" }, { "id": "cue-1707", "start": 9668.868, "end": 9669.127, "text": "2?", "speaker": "Jamie Dunphy" }, { "id": "cue-1708", "start": 9669.806, "end": 9671.642, "text": "It's Murillo-Kanal, I think, 1.", "speaker": "Angelita Morillo" }, { "id": "cue-1709", "start": 9671.899, "end": 9675.554, "text": "Yeah, Murillo-Kanal 1, and Councilor Avalos seconds.", "speaker": "Jamie Dunphy" }, { "id": "cue-1710", "start": 9676.102, "end": 9677.406, "text": "Colleagues, discussion of the amendment?", "speaker": "Jamie Dunphy" }, { "id": "cue-1711", "start": 9677.471, "end": 9679.129, "text": "Councilor Kanal is not here.", "speaker": "Jamie Dunphy" }, { "id": "cue-1712", "start": 9679.24, "end": 9679.576, "text": "So seconded.", "speaker": "Jamie Dunphy" }, { "id": "cue-1713", "start": 9679.832, "end": 9680.361, "text": "Councilor Smith.", "speaker": "Jamie Dunphy" }, { "id": "cue-1714", "start": 9681.755, "end": 9682.268, "text": "Thank you.", "speaker": "Loretta Smith" }, { "id": "cue-1715", "start": 9683.182, "end": 9691.499, "text": "Is this to give a mandatory 30-day, um, that they have to give us something 30 days before they give it to the Blazers?", "speaker": "Loretta Smith" }, { "id": "cue-1716", "start": 9691.771, "end": 9694.383, "text": "15 Days for us, for our consideration.", "speaker": "Jamie Dunphy" }, { "id": "cue-1717", "start": 9694.832, "end": 9696.114, "text": "I'm happy to re-explain it.", "speaker": "Angelita Morillo" }, { "id": "cue-1718", "start": 9696.899, "end": 9715.134, "text": "So, um, what this is asking is for the, the Chief Financial Officer and the City Administrator to give us a report 15 days before council has to make a decision, because they said 15 days was more feasible than 30 days, on the financial aspects of anything we will be voting on.", "speaker": "Angelita Morillo" }, { "id": "cue-1719", "start": 9715.711, "end": 9719.044, "text": "And that is going to be an opportunity cost analysis.", "speaker": "Angelita Morillo" }, { "id": "cue-1720", "start": 9719.429, "end": 9729.475, "text": "So for example, if they say, okay, we're going to be able to fund the arena changes with a bond, we would be able to see what the cost could be to SIP moving forward since that's also funded with bonds.", "speaker": "Angelita Morillo" }, { "id": "cue-1721", "start": 9729.972, "end": 9737.839, "text": "Or if we're going to take money from the Portland Clean Energy Fund, we're going to see which programs and things are going to be defunded in order to fund this instead.", "speaker": "Angelita Morillo" }, { "id": "cue-1722", "start": 9739.284, "end": 9745.326, "text": "So just having more clarity for ourselves and for the public what the opportunity costs are of every decision.", "speaker": "Angelita Morillo" }, { "id": "cue-1723", "start": 9745.502, "end": 9746.611, "text": "It doesn't limit our decision.", "speaker": "Angelita Morillo" }, { "id": "cue-1724", "start": 9746.804, "end": 9751.242, "text": "It is simply more information for us to make a vote before we have to take it.", "speaker": "Angelita Morillo" }, { "id": "cue-1725", "start": 9753.642, "end": 9766.292, "text": "One of the concerns or challenges to this In the way that it's written is when I've seen folks, they go up to the, to the last minute and they're not able to tell you what they're going to do.", "speaker": "Loretta Smith" }, { "id": "cue-1726", "start": 9766.373, "end": 9776.609, "text": "So I think that this could be problematic, and, um, it's putting too stringent of guardrails to give you information that they may not have.", "speaker": "Loretta Smith" }, { "id": "cue-1727", "start": 9778.541, "end": 9782.002, "text": "So what happens if, if they don't have the information in 15 days?", "speaker": "Loretta Smith" }, { "id": "cue-1728", "start": 9782.1, "end": 9782.949, "text": "What happens to them?", "speaker": "Loretta Smith" }, { "id": "cue-1729", "start": 9783.014, "end": 9785.958, "text": "What's the What's the consequence?", "speaker": "Loretta Smith" }, { "id": "cue-1730", "start": 9789.42, "end": 9792.816, "text": "I think that we're just asking them to provide whatever information they have.", "speaker": "Angelita Morillo" }, { "id": "cue-1731", "start": 9792.994, "end": 9796.391, "text": "There isn't a built-in consequence for our employees or something like that.", "speaker": "Angelita Morillo" }, { "id": "cue-1732", "start": 9797.494, "end": 9801.697, "text": "But I think to say that we don't have any information to make this decision is also false.", "speaker": "Angelita Morillo" }, { "id": "cue-1733", "start": 9802.084, "end": 9806.368, "text": "We know which programs in the Portland Clean Energy Fund, for example, are funded right now.", "speaker": "Angelita Morillo" }, { "id": "cue-1734", "start": 9806.839, "end": 9811.758, "text": "So I'm just saying, say that the Moda Center is able to justify the renovations under PCEF.", "speaker": "Angelita Morillo" }, { "id": "cue-1735", "start": 9812.945, "end": 9817.486, "text": "We still need to know which programs are going to be defunded in order to fund this new thing.", "speaker": "Angelita Morillo" }, { "id": "cue-1736", "start": 9818.096, "end": 9824.916, "text": "So there will be trade-offs, but the council and the public deserves to be very clear about what those trade-offs are going to be.", "speaker": "Angelita Morillo" }, { "id": "cue-1737", "start": 9825.541, "end": 9827.9, "text": "And we have been calling for public process.", "speaker": "Angelita Morillo" }, { "id": "cue-1738", "start": 9827.949, "end": 9834.383, "text": "I mean, I think part of the frustration that the public— that we're witnessing from the public is that there is a lack of information for us and for them.", "speaker": "Angelita Morillo" }, { "id": "cue-1739", "start": 9835.41, "end": 9838.106, "text": "So you're assuming that there's going to be a defunding of something.", "speaker": "Loretta Smith" }, { "id": "cue-1740", "start": 9838.283, "end": 9840.708, "text": "I think we have some debt that's going to be flying off.", "speaker": "Loretta Smith" }, { "id": "cue-1741", "start": 9841.431, "end": 9845.16, "text": "I think we're going to have an increased, um, BLT.", "speaker": "Loretta Smith" }, { "id": "cue-1742", "start": 9845.272, "end": 9848.905, "text": "I think we're going to have, um, we're going to have the PCF interest.", "speaker": "Loretta Smith" }, { "id": "cue-1743", "start": 9848.986, "end": 9850.964, "text": "So there, there are a lot of avenues.", "speaker": "Loretta Smith" }, { "id": "cue-1744", "start": 9851.157, "end": 9856.594, "text": "We don't necessarily have to cut anything to pay for this.", "speaker": "Loretta Smith" }, { "id": "cue-1745", "start": 9859.01, "end": 9862.643, "text": "Debt would be paid back by revenue that could be spent on other things.", "speaker": "Angelita Morillo" }, { "id": "cue-1746", "start": 9863.224, "end": 9869.801, "text": "And I would say, uh, you know, Councilor Smith, If there isn't going to be a cost, then they can just explain that in the report.", "speaker": "Angelita Morillo" }, { "id": "cue-1747", "start": 9871.116, "end": 9871.356, "text": "Okay.", "speaker": "Jamie Dunphy" }, { "id": "cue-1748", "start": 9872.735, "end": 9873.424, "text": "Thank you, Councilor Smith.", "speaker": "Jamie Dunphy" }, { "id": "cue-1749", "start": 9873.777, "end": 9874.354, "text": "Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-1750", "start": 9875.524, "end": 9876.502, "text": "Thank you, Mr. President.", "speaker": "Steve Novick" }, { "id": "cue-1751", "start": 9877.448, "end": 9879.387, "text": "Councilor Morillo, I'm with you on the PCF part.", "speaker": "Steve Novick" }, { "id": "cue-1752", "start": 9880.109, "end": 9892.163, "text": "The problem I have with the general fund part is we know what the general fund is, and we can't ask the administration to predict how we, the council, might change the general fund based on anything that happens here.", "speaker": "Steve Novick" }, { "id": "cue-1753", "start": 9892.836, "end": 9899.681, "text": "I mean, we know that the general fund goes to police, fire, and parks largely, and it's our decision as to what goes where.", "speaker": "Steve Novick" }, { "id": "cue-1754", "start": 9900.13, "end": 9905.965, "text": "So I don't really think that the general fund part really adds anything that we don't know.", "speaker": "Steve Novick" }, { "id": "cue-1755", "start": 9906.719, "end": 9908.081, "text": "The PSF thing, I totally agree.", "speaker": "Steve Novick" }, { "id": "cue-1756", "start": 9908.162, "end": 9911.688, "text": "If the administration is going to propose using PSF funds, they should say where it comes from.", "speaker": "Steve Novick" }, { "id": "cue-1757", "start": 9912.875, "end": 9913.628, "text": "May I respond?", "speaker": "Angelita Morillo" }, { "id": "cue-1758", "start": 9913.772, "end": 9914.782, "text": "Absolutely.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1759", "start": 9915.231, "end": 9917.972, "text": "So thanks, I appreciate that question.", "speaker": "Angelita Morillo" }, { "id": "cue-1760", "start": 9920.253, "end": 9925.105, "text": "It can contextualize the potential cuts within that 5-year framework.", "speaker": "Angelita Morillo" }, { "id": "cue-1761", "start": 9925.169, "end": 9929.893, "text": "So I think that that's really important because we have a 5-year forecast for what things are going to look like.", "speaker": "Angelita Morillo" }, { "id": "cue-1762", "start": 9930.729, "end": 9942.651, "text": "So each of the sources that we list in this, which is PSF, the general fund, debt capacity, business license tax forecasts and models for capacity, those are all things that we have.", "speaker": "Angelita Morillo" }, { "id": "cue-1763", "start": 9942.988, "end": 9944.515, "text": "For the general fund, we have that 5-year forecast.", "speaker": "Angelita Morillo" }, { "id": "cue-1764", "start": 9944.563, "end": 9944.627, "text": "Okay.", "speaker": "Dan Ryan" }, { "id": "cue-1765", "start": 9950.289, "end": 9952.935, "text": "Sorry, I am getting a lot of messages right now at the same time.", "speaker": "Angelita Morillo" }, { "id": "cue-1766", "start": 9953.512, "end": 9963.616, "text": "But whether this analysis is done before or after, we are getting— there is going to be a trade-off and we need to— to me, this is the bare minimum information that we need to decide what that trade-off is going to be.", "speaker": "Angelita Morillo" }, { "id": "cue-1767", "start": 9964.658, "end": 9979.433, "text": "Because while we don't know exactly how councilors are going to vote on the budget overall, we do know that there are some things that are absolutely essential that can't be cut without thank you, councilor.", "speaker": "Angelita Morillo" }, { "id": "cue-1768", "start": 9981.282, "end": 9984.621, "text": "Thank you, Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-1769", "start": 9984.702, "end": 9985.412, "text": "Councilor Pirtle-Guiney.", "speaker": "Jamie Dunphy" }, { "id": "cue-1770", "start": 9987.092, "end": 9988.32, "text": "Thank you, Council President.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1771", "start": 9988.707, "end": 10009.78, "text": "So Councilor Murillo, you're adding to this document, which is otherwise about our relationship with Rip City Management and the negotiations, this isn't about when we get the information.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1772", "start": 10009.78, "end": 10010.78, "text": "I'll say it differently.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1773", "start": 10010.78, "end": 10013.78, "text": "This isn't about when we get the information from Rip City Management and the Blazers.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1774", "start": 10013.78, "end": 10017.71, "text": "This is about the relationship that the council has with the administration.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1775", "start": 10019.14, "end": 10029.88, "text": "No, this is about the financial options that we have to make a vote with Rip City Management because we need to decide what our funding options are going to be, and we need all of the information before we make that decision.", "speaker": "Angelita Morillo" }, { "id": "cue-1776", "start": 10029.88, "end": 10030.333, "text": "So this Yes.", "speaker": "Olivia Clark" }, { "id": "cue-1777", "start": 10029.92, "end": 10030.08, "text": "Is not about when we get the information.", "speaker": "Angelita Morillo" }, { "id": "cue-1778", "start": 10030.654, "end": 10055.221, "text": "Obviously, the body delivering that will be our CFO, but there's a portion that says, be it further resolved that the city— the Portland City Council directs the city administration to work with Rip City Management, the Trail Blazers, and the State of Oregon and the arena joint authority to develop a formative definitive document and amendments to the existing agreements as necessitated by the terms contained in Exhibit A.", "speaker": "Angelita Morillo" }, { "id": "cue-1779", "start": 10055.776, "end": 10059.655, "text": "So we are directing them to do this in conjunction with them.", "speaker": "Angelita Morillo" }, { "id": "cue-1780", "start": 10063.981, "end": 10080.725, "text": "Tell me where that is, because what I'm looking at is something that says, be it further resolved that at least 15 days before council votes, um, on various instruments, the city administrator and chief financial officer shall prepare a report for council.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1781", "start": 10083.703, "end": 10090.104, "text": "I guess my concern here, colleagues, is that we're putting together a term sheet for how we work with the Blazers.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1782", "start": 10090.939, "end": 10091.147, "text": "I was—.", "speaker": "Angelita Morillo" }, { "id": "cue-1783", "start": 10091.243, "end": 10096.04, "text": "I absolutely agree that we need to have a clear public process.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1784", "start": 10096.473, "end": 10101.8, "text": "That's what I think we did in our work sessions and what we do when we're up here.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1785", "start": 10102.409, "end": 10111.314, "text": "I absolutely agree, and I'll look to the city administrator as I say this, That we need information about funding options in time to make decisions.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1786", "start": 10111.896, "end": 10114.628, "text": "And we need more than just this is the only option.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1787", "start": 10115.307, "end": 10118.231, "text": "We need to be able to understand what the trade-offs for various options are.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1788", "start": 10118.296, "end": 10119.765, "text": "That conversation needs to be had.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1789", "start": 10119.991, "end": 10122.93, "text": "It needs to be had not just in an executive session, but up here as well.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1790", "start": 10125.762, "end": 10128.509, "text": "But I am—.", "speaker": "Jamie Dunphy" }, { "id": "cue-1791", "start": 10128.814, "end": 10131.578, "text": "I've had a few principles going into this work.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1792", "start": 10132.268, "end": 10140.642, "text": "And one of them is that I don't want things in the term sheet that aren't about our negotiation directly with the Blazers.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1793", "start": 10140.739, "end": 10150.724, "text": "And in fact, there have been things that I've said on this dais in our work sessions I thought were inappropriate for the term sheet because they were about how we did our own internal work.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1794", "start": 10151.18, "end": 10157.718, "text": "And I worry that this moves us back in the direction of airing our own distrust with each other.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1795", "start": 10159.726, "end": 10160.498, "text": "I want these things.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1796", "start": 10160.771, "end": 10164.152, "text": "I want to say on the record right now, I want these things.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1797", "start": 10164.536, "end": 10167.07, "text": "The public must have these things.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1798", "start": 10168.305, "end": 10170.823, "text": "But I don't think we should be putting it in this document.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1799", "start": 10170.871, "end": 10181.039, "text": "I think we should be saying, Mr. City Administrator, to you, Mr. Mayor, to you, DCA Oliveira, to you, this is how council needs us to do business.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1800", "start": 10181.215, "end": 10192.928, "text": "And if we're going to meet that December deadline, Mr. Council President, please make sure we're scheduling things early enough that we can get this information and we're not right up to the deadline.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1801", "start": 10194.133, "end": 10194.47, "text": "Thank you.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1802", "start": 10194.63, "end": 10195.513, "text": "May I direct respond?", "speaker": "Angelita Morillo" }, { "id": "cue-1803", "start": 10195.658, "end": 10195.995, "text": "Absolutely.", "speaker": "Jamie Dunphy" }, { "id": "cue-1804", "start": 10196.718, "end": 10200.041, "text": "So for clarity, Councilor, I was reading the resolution.", "speaker": "Angelita Morillo" }, { "id": "cue-1805", "start": 10200.314, "end": 10201.085, "text": "That's where it is.", "speaker": "Angelita Morillo" }, { "id": "cue-1806", "start": 10201.84, "end": 10213.577, "text": "So in the resolution it says, be it further resolved that the city, the Portland City Council will consider formal definitive documents and amendments to existing agreements as contemplated by the terms contained in Exhibit A no later than December 31st.", "speaker": "Angelita Morillo" }, { "id": "cue-1807", "start": 10214.754, "end": 10216.656, "text": "We are not modifying the term sheet here.", "speaker": "Angelita Morillo" }, { "id": "cue-1808", "start": 10216.785, "end": 10218.285, "text": "We are modifying the resolution.", "speaker": "Angelita Morillo" }, { "id": "cue-1809", "start": 10218.946, "end": 10222.622, "text": "And we are already dictating the process for council in the resolution.", "speaker": "Angelita Morillo" }, { "id": "cue-1810", "start": 10223.403, "end": 10226.586, "text": "So I read you the passage from our resolution that does that.", "speaker": "Angelita Morillo" }, { "id": "cue-1811", "start": 10227.02, "end": 10232.262, "text": "And there is another be it further resolved that the Portland City Council will consider all of those things, right?", "speaker": "Angelita Morillo" }, { "id": "cue-1812", "start": 10232.327, "end": 10241.149, "text": "So again, this is, in my opinion, the bare minimum that is required for transparency from yes.", "speaker": "Angelita Morillo" }, { "id": "cue-1813", "start": 10241.534, "end": 10249.392, "text": "For us as a council to make this decision and for the public, we are adding to the process the consideration of these definitive documents.", "speaker": "Angelita Morillo" }, { "id": "cue-1814", "start": 10250.579, "end": 10260.843, "text": "And there is limited funding to go around, whether it's going to be bonds, PSF, general fund, maybe we'll magically come up with some new city fee or tax.", "speaker": "Angelita Morillo" }, { "id": "cue-1815", "start": 10262.046, "end": 10265.478, "text": "God willing, not another fee or tax on regular people who can't afford it.", "speaker": "Angelita Morillo" }, { "id": "cue-1816", "start": 10266.552, "end": 10273.345, "text": "The money has to come from somewhere, and our amendment adds to the process for how and when we are going to consider those documents.", "speaker": "Angelita Morillo" }, { "id": "cue-1817", "start": 10273.906, "end": 10284.848, "text": "Because I'll remind you that without a clear outline for these things, we have sat in negotiating rooms for 3 hours and then had a term sheet released against our will immediately after that we were not informed about.", "speaker": "Angelita Morillo" }, { "id": "cue-1818", "start": 10285.297, "end": 10290.953, "text": "So if we don't explicitly lay out our demands for a process, that may or may not happen.", "speaker": "Angelita Morillo" }, { "id": "cue-1819", "start": 10291.69, "end": 10295.695, "text": "And there has to be some sort of requirement that the administration get us documents in a timely manner.", "speaker": "Angelita Morillo" }, { "id": "cue-1820", "start": 10295.759, "end": 10296.079, "text": "Councilwoman Smith.", "speaker": "Olivia Clark" }, { "id": "cue-1821", "start": 10296.45, "end": 10301.919, "text": "Because I am very certain that if we don't have this in here, they're going to push it up to the line.", "speaker": "Angelita Morillo" }, { "id": "cue-1822", "start": 10302.257, "end": 10306.348, "text": "And then the, the way that this is always done is through a false sense of urgency.", "speaker": "Angelita Morillo" }, { "id": "cue-1823", "start": 10307.517, "end": 10313.087, "text": "We will not have the time to consider anything else because it will be pushed up against that line.", "speaker": "Angelita Morillo" }, { "id": "cue-1824", "start": 10316.19, "end": 10317.048, "text": "Thank you, Councilor Pirtle-Guiney.", "speaker": "Jamie Dunphy" }, { "id": "cue-1825", "start": 10317.145, "end": 10317.857, "text": "Councilor Kanal.", "speaker": "Jamie Dunphy" }, { "id": "cue-1826", "start": 10318.924, "end": 10319.28, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-1827", "start": 10319.992, "end": 10327.794, "text": "Yeah, I think Councilor Morillo speaks everything that she said I would probably have just said, but I won't repeat it in the interest of time.", "speaker": "Sameer Kanal" }, { "id": "cue-1828", "start": 10327.843, "end": 10339.349, "text": "I think that it's not a secret that there is distrust between the parts of this government at times, sometimes all the time.", "speaker": "Sameer Kanal" }, { "id": "cue-1829", "start": 10339.607, "end": 10340.4, "text": "Yeah.", "speaker": "Sameer Kanal" }, { "id": "cue-1830", "start": 10340.481, "end": 10348.322, "text": "I think that's not going to become a known or unknown thing based off of whether or not this is included in the resolution or not.", "speaker": "Sameer Kanal" }, { "id": "cue-1831", "start": 10348.888, "end": 10352.913, "text": "Resolution does also have several other things about the process that will follow.", "speaker": "Sameer Kanal" }, { "id": "cue-1832", "start": 10353.43, "end": 10355.217, "text": "I think if this was being put into the term sheet, that would be different.", "speaker": "Sameer Kanal" }, { "id": "cue-1833", "start": 10358.068, "end": 10367.27, "text": "But given that it comes in, by the way, 15 days with a Tuesday filing deadline and a Wednesday council meeting for an ordinance is the filing deadline.", "speaker": "Sameer Kanal" }, { "id": "cue-1834", "start": 10367.719, "end": 10374.207, "text": "So we're not asking for any additional time, any additional time for this information beyond what would normally be done.", "speaker": "Sameer Kanal" }, { "id": "cue-1835", "start": 10374.769, "end": 10379.073, "text": "We're just protecting against exactly what Councilor Murillo just brought up, which is the last-second piece.", "speaker": "Sameer Kanal" }, { "id": "cue-1836", "start": 10380.454, "end": 10385.963, "text": "And it's also, I think, making it clear to the public that our expectation is to have enough information in time.", "speaker": "Sameer Kanal" }, { "id": "cue-1837", "start": 10386.011, "end": 10386.139, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-1838", "start": 10386.909, "end": 10394.481, "text": "To make serious decisions about serious matters like whether or not to use restricted funding sources on this.", "speaker": "Sameer Kanal" }, { "id": "cue-1839", "start": 10395.395, "end": 10412.576, "text": "But I think we— I think this is just a relatively low-level conversation that way that's bringing in a bigger, higher-level, 30,000-foot view of whether or not we should be legislating for things or simply asking for things verbally, sometimes in public, sometimes not.", "speaker": "Sameer Kanal" }, { "id": "cue-1840", "start": 10412.64, "end": 10413.105, "text": "I think that's a good point.", "speaker": "Sameer Kanal" }, { "id": "cue-1841", "start": 10413.908, "end": 10418.596, "text": "I subscribe to the belief that the City Council is a legislative body, not an advisory board to the mayor.", "speaker": "Sameer Kanal" }, { "id": "cue-1842", "start": 10419.062, "end": 10427.7, "text": "And I think the question is a vote for, for a concept of where we just ask for things verbally, to me, sends the message that we are just an advisory board.", "speaker": "Sameer Kanal" }, { "id": "cue-1843", "start": 10428.937, "end": 10429.788, "text": "I love advisory boards.", "speaker": "Sameer Kanal" }, { "id": "cue-1844", "start": 10429.836, "end": 10432.244, "text": "I worked with them for years before I ran for council.", "speaker": "Sameer Kanal" }, { "id": "cue-1845", "start": 10432.309, "end": 10432.855, "text": "They're great.", "speaker": "Sameer Kanal" }, { "id": "cue-1846", "start": 10432.935, "end": 10433.722, "text": "That's not what this is.", "speaker": "Sameer Kanal" }, { "id": "cue-1847", "start": 10433.77, "end": 10435.311, "text": "It's not what the voters chose to create.", "speaker": "Sameer Kanal" }, { "id": "cue-1848", "start": 10435.986, "end": 10436.275, "text": "Thanks.", "speaker": "Sameer Kanal" }, { "id": "cue-1849", "start": 10437.045, "end": 10437.896, "text": "Thank you, Councilor Knoll.", "speaker": "Jamie Dunphy" }, { "id": "cue-1850", "start": 10438.089, "end": 10438.539, "text": "Councilor Green.", "speaker": "Jamie Dunphy" }, { "id": "cue-1851", "start": 10441.349, "end": 10442.821, "text": "Thank you, Mr. President.", "speaker": "Mitch Green" }, { "id": "cue-1852", "start": 10442.983, "end": 10445.361, "text": "Thank you, Councilor Morillo, for bringing this back again.", "speaker": "Mitch Green" }, { "id": "cue-1853", "start": 10447.06, "end": 10462.479, "text": "I want to just reiterate what I see when I read the resolution that came into my inbox, that it is a directive in the resolution for how we expect the city administrator to move as part of this process.", "speaker": "Mitch Green" }, { "id": "cue-1854", "start": 10462.528, "end": 10463.663, "text": "There's a lot of directives in there.", "speaker": "Mitch Green" }, { "id": "cue-1855", "start": 10463.744, "end": 10464.166, "text": "Councilor Dan Ryan.", "speaker": "Mitch Green" }, { "id": "cue-1856", "start": 10466.427, "end": 10478.204, "text": "This is an expectation to say, okay, if we adopt a term sheet, go forth and do great things, negotiate on our behalf based upon the parameters in the term sheet, but here are also our expectations along the way.", "speaker": "Mitch Green" }, { "id": "cue-1857", "start": 10478.687, "end": 10483.291, "text": "And there's actually— that document is constituted by those directives.", "speaker": "Mitch Green" }, { "id": "cue-1858", "start": 10483.903, "end": 10485.325, "text": "So this is just another one of them.", "speaker": "Mitch Green" }, { "id": "cue-1859", "start": 10488.189, "end": 10490.727, "text": "I guess I'm a little confused why anyone would not want this in there.", "speaker": "Mitch Green" }, { "id": "cue-1860", "start": 10490.809, "end": 10491.248, "text": "I think it's a good thing.", "speaker": "Mitch Green" }, { "id": "cue-1861", "start": 10491.695, "end": 10517.654, "text": "Because I think even if all of us voted together every single time on every vote and none of us ever had any kind of a spat and we all were kind of unanimous consensus-making people, we have an obligation to legislate and to put sort of basic sort of oversight controls in the actions that we pass.", "speaker": "Mitch Green" }, { "id": "cue-1862", "start": 10520.388, "end": 10523.602, "text": "And so it's not really about trust at all, actually.", "speaker": "Mitch Green" }, { "id": "cue-1863", "start": 10523.876, "end": 10526.525, "text": "It's about making sure— actually, well, it is about— it's about public trust.", "speaker": "Mitch Green" }, { "id": "cue-1864", "start": 10526.946, "end": 10527.626, "text": "It's about public trust.", "speaker": "Mitch Green" }, { "id": "cue-1865", "start": 10527.691, "end": 10543.788, "text": "And so if we are going to be presented with definitive documents which are binding in December, that will be a 20-year commitment of cost and benefit relationships which are still unknown, then— I think that's a good point.", "speaker": "Mitch Green" }, { "id": "cue-1866", "start": 10544.954, "end": 10551.746, "text": "We are setting our city on a path for 20 years that validates the choice that we make in December.", "speaker": "Mitch Green" }, { "id": "cue-1867", "start": 10552.565, "end": 10563.773, "text": "And if we don't have the basic level of due diligence and the ability to understand what our trade-offs are, because there's no such thing as a free lunch, there is no free money here at all.", "speaker": "Mitch Green" }, { "id": "cue-1868", "start": 10564.543, "end": 10568.943, "text": "Like when we say things like, oh, debt's gonna roll off, we can get— that's still an opportunity cost.", "speaker": "Mitch Green" }, { "id": "cue-1869", "start": 10569.039, "end": 10569.087, "text": "Yeah.", "speaker": "Loretta Smith" }, { "id": "cue-1870", "start": 10569.826, "end": 10574.46, "text": "Like, we've talked ad nauseam about our credit rating in this body.", "speaker": "Mitch Green" }, { "id": "cue-1871", "start": 10575.197, "end": 10582.237, "text": "You can't just willy-nilly issue new debt just because some credit rolls off without it having some consequence on your credit rating.", "speaker": "Mitch Green" }, { "id": "cue-1872", "start": 10582.654, "end": 10591.745, "text": "And you can't just sort of— we received a memo from the CFO on the nature and timing of the BLT revenue that we might receive from the sale of the Trail Blazers.", "speaker": "Mitch Green" }, { "id": "cue-1873", "start": 10591.809, "end": 10592.29, "text": "And guess what?", "speaker": "Mitch Green" }, { "id": "cue-1874", "start": 10592.387, "end": 10593.269, "text": "It's highly uncertain.", "speaker": "Mitch Green" }, { "id": "cue-1875", "start": 10593.894, "end": 10597.149, "text": "The level of how much we should expect to get and when the timing is, it's uncertain.", "speaker": "Mitch Green" }, { "id": "cue-1876", "start": 10597.213, "end": 10597.325, "text": "Thank you.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1877", "start": 10597.743, "end": 10599.382, "text": "And then there's the matter of the PSF.", "speaker": "Mitch Green" }, { "id": "cue-1878", "start": 10599.43, "end": 10602.371, "text": "So at this point, we have to assume that there is no money.", "speaker": "Mitch Green" }, { "id": "cue-1879", "start": 10603.608, "end": 10612.382, "text": "And so the only money for this is going to be issued by debt or kind of come at the expense of some other future goals and policies that we have.", "speaker": "Mitch Green" }, { "id": "cue-1880", "start": 10612.446, "end": 10622.987, "text": "We have 5-year plans for capital formation in the City of Portland, and we're trying to adopt a financial sustainability workgroup that sets us up on a forward-looking path to— To pay for it.", "speaker": "Mitch Green" }, { "id": "cue-1881", "start": 10623.549, "end": 10630.477, "text": "Some level of stability that's rooted in our strategic priorities that we've tried to discuss as a body.", "speaker": "Mitch Green" }, { "id": "cue-1882", "start": 10631.07, "end": 10648.775, "text": "And so if we don't get a document 15 days before definitive doc— if we don't get that report 15 days before the definitive documents that say, here's what we know right now, if we made this assumption, here's what the impact would be over the next few years on the general fund, then— I think that's a fair point.", "speaker": "Mitch Green" }, { "id": "cue-1883", "start": 10649.209, "end": 10653.656, "text": "I don't know how voters would have any faith in our ability to legislate, frankly.", "speaker": "Mitch Green" }, { "id": "cue-1884", "start": 10654.234, "end": 10656.306, "text": "And so maybe we'll do that based on trust.", "speaker": "Mitch Green" }, { "id": "cue-1885", "start": 10657.381, "end": 10668.027, "text": "But I mean, this is the most— this is the richest public stadium deal in the history of stadium deals for a market our size.", "speaker": "Mitch Green" }, { "id": "cue-1886", "start": 10668.637, "end": 10668.861, "text": "Okay?", "speaker": "Mitch Green" }, { "id": "cue-1887", "start": 10670.29, "end": 10671.286, "text": "So just need to note that.", "speaker": "Mitch Green" }, { "id": "cue-1888", "start": 10671.992, "end": 10674.401, "text": "I don't know why we can't get 12 votes on this.", "speaker": "Mitch Green" }, { "id": "cue-1889", "start": 10674.449, "end": 10674.545, "text": "Thank you.", "speaker": "Unidentified speaker" }, { "id": "cue-1890", "start": 10675.87, "end": 10681.49, "text": "Thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-1891", "start": 10681.49, "end": 10686.71, "text": "To this amendment, I actually really appreciate the conversation that we're having here around this.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1892", "start": 10688.01, "end": 10690.95, "text": "Honestly, I hear Councilor Pirtle-Guiney's concerns.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1893", "start": 10690.95, "end": 10699.57, "text": "We've had a lot of conversations around governance, how we'd love to see an ideal relationship between the different branches of government.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1894", "start": 10699.85, "end": 10702.57, "text": "I hear what she is saying, that ideally, we would like to have a single source of truth.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1895", "start": 10703.064, "end": 10705.682, "text": "We wouldn't have to put this in writing.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1896", "start": 10706.116, "end": 10719.255, "text": "And I will say, when we are— when we get to talking about the underlying, I do plan to ask on the dais the same thing that I asked for last time, which is to see what we're going to be asked to be voting on at least 30 days in advance, that we see it and that the public sees it.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1897", "start": 10719.608, "end": 10723.543, "text": "Last time, last week, I heard Council President say that is very reasonable.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1898", "start": 10724.186, "end": 10730.172, "text": "But the truth is also, I can ask and It is also important to get something in writing.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1899", "start": 10730.284, "end": 10738.745, "text": "And I would say while it is ideal that we can ask and tell our constituents we've asked for this and we really think it's going to happen, it is also true what Councilor Green said.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1900", "start": 10739.001, "end": 10746.596, "text": "There is low public trust around this topic for a lot of different reasons that have to do also with outside of the city and other deals that have happened.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1901", "start": 10747.093, "end": 10754.464, "text": "And access to information has not been something that public— the public has felt like they've had when this passed at the state.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1902", "start": 10754.865, "end": 10762.095, "text": "And So I see this as a chance to get some of that public trust.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1903", "start": 10762.191, "end": 10764.651, "text": "I think there's an opportunity to get some of it.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1904", "start": 10764.844, "end": 10767.067, "text": "We should take that option.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1905", "start": 10767.502, "end": 10769.838, "text": "This is going to be a big public investment.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1906", "start": 10769.902, "end": 10785.194, "text": "I think sometimes around negotiations it can feel like, let's— folks can feel nervous to give some more access to information, but honestly it can help explain things, help us explain things, and it can help even bring some community members along so there's not just a void.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1907", "start": 10785.259, "end": 10785.372, "text": "Thank you.", "speaker": "Angelita Morillo" }, { "id": "cue-1908", "start": 10786.422, "end": 10788.798, "text": "That people will fill if they don't know the information.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1909", "start": 10788.91, "end": 10791.398, "text": "So I do plan to vote yes on this.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1910", "start": 10791.462, "end": 10794.704, "text": "I think it's a chance to build in some of that public trust.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1911", "start": 10794.784, "end": 10797.208, "text": "I'm not sure exactly what we lose by putting it in there.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1912", "start": 10797.801, "end": 10804.253, "text": "The goal ideally is that we can just talk about these things and folks will believe it's going to happen.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1913", "start": 10804.318, "end": 10816.27, "text": "But I think it's important for this term sheet and for Portlanders to see us showing that we're willing to Thank you, Councilor Koyama Lane.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1914", "start": 10816.383, "end": 10816.916, "text": "Councilor Smith.", "speaker": "Jamie Dunphy" }, { "id": "cue-1915", "start": 10819.839, "end": 10822.051, "text": "Thanks, colleagues.", "speaker": "Jamie Dunphy" }, { "id": "cue-1916", "start": 10822.1, "end": 10823.02, "text": "I put myself in the queue here.", "speaker": "Jamie Dunphy" }, { "id": "cue-1917", "start": 10823.166, "end": 10830.811, "text": "I would just like to— with regard to process, I would just like to say that broadly, as council president, it is my intention to never blindside anybody.", "speaker": "Jamie Dunphy" }, { "id": "cue-1918", "start": 10831.717, "end": 10837.238, "text": "And I have been working with the administration on tightening our filing deadlines and the clerk's office regardless.", "speaker": "Jamie Dunphy" }, { "id": "cue-1919", "start": 10838.132, "end": 10844.397, "text": "My intention is to move us as a city towards a 2-week advanced filing notification for council.", "speaker": "Jamie Dunphy" }, { "id": "cue-1920", "start": 10844.525, "end": 10851.4, "text": "I've heard over and over again in 1,000 different conversations that this council wants more information earlier so that they can be responsive.", "speaker": "Jamie Dunphy" }, { "id": "cue-1921", "start": 10851.736, "end": 10853.643, "text": "And that is the direction I am intending to go then.", "speaker": "Jamie Dunphy" }, { "id": "cue-1922", "start": 10854.236, "end": 10858.498, "text": "To that end, that aligns with largely what I'm reading in this document.", "speaker": "Jamie Dunphy" }, { "id": "cue-1923", "start": 10858.562, "end": 10868.498, "text": "It means that in order to make it by the end of our calendar year, our final calendar— our final Council meeting, which is currently scheduled for December 17th.", "speaker": "Jamie Dunphy" }, { "id": "cue-1924", "start": 10868.995, "end": 10871.464, "text": "This item would need to be filed by December 1st.", "speaker": "Jamie Dunphy" }, { "id": "cue-1925", "start": 10872.265, "end": 10882.3, "text": "I will also note for my colleagues and for the public, we have an intention of hosting a public work session scheduled currently for October 14th on this issue.", "speaker": "Jamie Dunphy" }, { "id": "cue-1926", "start": 10882.909, "end": 10888.648, "text": "Additionally, we— the City Council will be having some further executive sessions on this throughout the next 4 months.", "speaker": "Jamie Dunphy" }, { "id": "cue-1927", "start": 10888.696, "end": 10891.389, "text": "And so we will have more opportunities to improve information.", "speaker": "Jamie Dunphy" }, { "id": "cue-1928", "start": 10891.453, "end": 10891.565, "text": "Thank you.", "speaker": "Keelan McClymont" }, { "id": "cue-1929", "start": 10892.207, "end": 10900.767, "text": "And lastly, I will say that the city has recently revamped our Moda Center website, and we will be sharing out information on there periodically through the process.", "speaker": "Jamie Dunphy" }, { "id": "cue-1930", "start": 10900.863, "end": 10908.076, "text": "So it is my hope that we will continue to keep both the community and the council brought along as these negotiations are happening.", "speaker": "Jamie Dunphy" }, { "id": "cue-1931", "start": 10908.237, "end": 10916.332, "text": "Obviously, things change dramatically in real time, but that it is my intention of moving us towards a 2-week filing deadline anyway.", "speaker": "Jamie Dunphy" }, { "id": "cue-1932", "start": 10916.492, "end": 10917.935, "text": "And so I— this aligns with that.", "speaker": "Jamie Dunphy" }, { "id": "cue-1933", "start": 10918.031, "end": 10918.159, "text": "Thank you.", "speaker": "Olivia Clark" }, { "id": "cue-1934", "start": 10918.538, "end": 10919.93, "text": "Thematically with that for me.", "speaker": "Jamie Dunphy" }, { "id": "cue-1935", "start": 10920.416, "end": 10923.833, "text": "So Councilor Morillo, last word.", "speaker": "Jamie Dunphy" }, { "id": "cue-1936", "start": 10924.853, "end": 10925.809, "text": "Thank you, Council President.", "speaker": "Angelita Morillo" }, { "id": "cue-1937", "start": 10928.46, "end": 10943.795, "text": "Colleagues, what we have before us is a generational decision that is going to impact not just the Moda Center, but what we can do with the Keller, with PSU, with land decisions around who owns the surrounding land of the Moda Center and who gets those development rights.", "speaker": "Angelita Morillo" }, { "id": "cue-1938", "start": 10944.789, "end": 10956.046, "text": "And it is sort of absurd to me that we can't even begin to ask our team at the city to grapple with the potential for opportunity costs.", "speaker": "Angelita Morillo" }, { "id": "cue-1939", "start": 10956.592, "end": 10958.263, "text": "This is very standard budgeting.", "speaker": "Angelita Morillo" }, { "id": "cue-1940", "start": 10959.323, "end": 10970.885, "text": "We can't qualify risk and uncertainty without information, and to make a decision without that, without 2 weeks in advance, which is not very long at all, Yes.", "speaker": "Angelita Morillo" }, { "id": "cue-1941", "start": 10971.844, "end": 10977.19, "text": "Means that we are abdicating our responsibility to interrogate the financial aspects of this deal.", "speaker": "Angelita Morillo" }, { "id": "cue-1942", "start": 10978.981, "end": 10982.307, "text": "It also does not require an ordinance for us to get a report.", "speaker": "Angelita Morillo" }, { "id": "cue-1943", "start": 10982.388, "end": 10983.47, "text": "It could be a work session.", "speaker": "Angelita Morillo" }, { "id": "cue-1944", "start": 10983.745, "end": 10989.065, "text": "So there's no need to make it unnecessarily delayed or to have an additional timeline to file something.", "speaker": "Angelita Morillo" }, { "id": "cue-1945", "start": 10989.586, "end": 10993.852, "text": "This is information that we can receive in a report in a different manner in a work session.", "speaker": "Angelita Morillo" }, { "id": "cue-1946", "start": 10995.802, "end": 10998.982, "text": "So colleagues, for the sake of having transparency, I think that's a good point.", "speaker": "Angelita Morillo" }, { "id": "cue-1947", "start": 10999.262, "end": 11004.358, "text": "So that we can trust the negotiation and so that the public can trust what we are doing.", "speaker": "Angelita Morillo" }, { "id": "cue-1948", "start": 11005.336, "end": 11017.597, "text": "If we actually want to get to 12 yeses in December, we need the public to see what this is so that they can have actual input and agree with us and bring them along in that process.", "speaker": "Angelita Morillo" }, { "id": "cue-1949", "start": 11018.174, "end": 11021.236, "text": "If we don't, then we will lose the public trust.", "speaker": "Angelita Morillo" }, { "id": "cue-1950", "start": 11021.3, "end": 11027.775, "text": "You will lose council's trust, and we are going to make a generational decision for this city.", "speaker": "Angelita Morillo" }, { "id": "cue-1951", "start": 11027.823, "end": 11028.079, "text": "Councilor Smith.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-1952", "start": 11028.673, "end": 11030.084, "text": "Without the proper information.", "speaker": "Angelita Morillo" }, { "id": "cue-1953", "start": 11031.304, "end": 11043.142, "text": "And I'm sort of exhausted being a legislator up here and constantly being told, you'll get the information later before you make the decision, but put this in writing now and then maybe later you'll get it.", "speaker": "Angelita Morillo" }, { "id": "cue-1954", "start": 11043.735, "end": 11049.045, "text": "And then by the time we get there, they say, time's run out, you got to make this decision today or the entire city will collapse.", "speaker": "Angelita Morillo" }, { "id": "cue-1955", "start": 11049.927, "end": 11052.092, "text": "That is the repeated pattern of this body.", "speaker": "Angelita Morillo" }, { "id": "cue-1956", "start": 11052.91, "end": 11055.589, "text": "So this is the most basic, basic— Councilwoman, I'm sorry.", "speaker": "Angelita Morillo" }, { "id": "cue-1957", "start": 11055.952, "end": 11064.767, "text": "Governance question that we are answering today with this amendment, and I really hope that you will vote yes, but I've seen how the votes have gone today, so I'm not holding my breath.", "speaker": "Angelita Morillo" }, { "id": "cue-1958", "start": 11065.267, "end": 11065.702, "text": "Thanks.", "speaker": "Angelita Morillo" }, { "id": "cue-1959", "start": 11067.697, "end": 11068.906, "text": "Okay, Councilor— thank you, Councilor Murillo.", "speaker": "Jamie Dunphy" }, { "id": "cue-1960", "start": 11069.986, "end": 11072.709, "text": "Seeing no one else in the queue, Keelan, can we please call the roll?", "speaker": "Jamie Dunphy" }, { "id": "cue-1961", "start": 11074.77, "end": 11081.935, "text": "Uh, on this motion to amend the resolution as shown in Murillo Canal 1, moved by Murillo, seconded by Koyama Lane.", "speaker": "Keelan McClymont" }, { "id": "cue-1962", "start": 11083.304, "end": 11083.353, "text": "Aye.", "speaker": "Olivia Clark" }, { "id": "cue-1963", "start": 11084.772, "end": 11084.885, "text": "Aye.", "speaker": "Olivia Clark" }, { "id": "cue-1964", "start": 11085.739, "end": 11085.981, "text": "No.", "speaker": "Keelan McClymont" }, { "id": "cue-1965", "start": 11087.674, "end": 11087.9, "text": "No.", "speaker": "Olivia Clark" }, { "id": "cue-1966", "start": 11088.868, "end": 11089.029, "text": "Aye.", "speaker": "Olivia Clark" }, { "id": "cue-1967", "start": 11089.9, "end": 11090.077, "text": "No.", "speaker": "Steve Novick" }, { "id": "cue-1968", "start": 11090.319, "end": 11095.205, "text": "Y'all, it's obviously aye.", "speaker": "Candace Avalos" }, { "id": "cue-1969", "start": 11095.981, "end": 11096.352, "text": "Come on.", "speaker": "Candace Avalos" }, { "id": "cue-1970", "start": 11099.132, "end": 11099.39, "text": "No.", "speaker": "Loretta Smith" }, { "id": "cue-1971", "start": 11101.298, "end": 11102.306, "text": "Nope, sorry, Kanal.", "speaker": "Keelan McClymont" }, { "id": "cue-1972", "start": 11102.68, "end": 11102.745, "text": "Aye.", "speaker": "Candace Avalos" }, { "id": "cue-1973", "start": 11103.931, "end": 11104.012, "text": "No.", "speaker": "Keelan McClymont" }, { "id": "cue-1974", "start": 11106.108, "end": 11106.661, "text": "No.", "speaker": "Jamie Dunphy" }, { "id": "cue-1975", "start": 11107.083, "end": 11107.165, "text": "No.", "speaker": "Keelan McClymont" }, { "id": "cue-1976", "start": 11108.83, "end": 11109.007, "text": "Aye.", "speaker": "Jamie Dunphy" }, { "id": "cue-1977", "start": 11109.392, "end": 11112.91, "text": "Uh, the amendment fails with a vote of 6 ayes and 6 nays.", "speaker": "Keelan McClymont" }, { "id": "cue-1978", "start": 11113.199, "end": 11116.539, "text": "Okay, colleagues, I would like to move the technical amendment.", "speaker": "Jamie Dunphy" }, { "id": "cue-1979", "start": 11117.021, "end": 11125.052, "text": "This is, uh, bringing conforming language to our, uh, from our colleagues at the county, and I would request a second.", "speaker": "Jamie Dunphy" }, { "id": "cue-1980", "start": 11126.514, "end": 11127.06, "text": "Second.", "speaker": "Candace Avalos" }, { "id": "cue-1981", "start": 11127.22, "end": 11128.81, "text": "Thank you, Councilor Smith.", "speaker": "Jamie Dunphy" }, { "id": "cue-1982", "start": 11129.405, "end": 11130.336, "text": "Colleagues, to the amendment.", "speaker": "Jamie Dunphy" }, { "id": "cue-1983", "start": 11130.931, "end": 11131.621, "text": "Councilor Zimmerman.", "speaker": "Jamie Dunphy" }, { "id": "cue-1984", "start": 11132.215, "end": 11133.725, "text": "Okay.", "speaker": "Jamie Dunphy" }, { "id": "cue-1985", "start": 11135.69, "end": 11137.042, "text": "Is there any further discussion?", "speaker": "Jamie Dunphy" }, { "id": "cue-1986", "start": 11139.29, "end": 11141.123, "text": "Keelan, could we please call the roll on the technical amendment?", "speaker": "Jamie Dunphy" }, { "id": "cue-1987", "start": 11142.583, "end": 11144.168, "text": "Moved by Dunphy, seconded by Smith.", "speaker": "Keelan McClymont" }, { "id": "cue-1988", "start": 11144.346, "end": 11144.815, "text": "Koyama Lane?", "speaker": "Keelan McClymont" }, { "id": "cue-1989", "start": 11145.236, "end": 11145.398, "text": "Aye.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-1990", "start": 11145.899, "end": 11146.433, "text": "Murillo?", "speaker": "Keelan McClymont" }, { "id": "cue-1991", "start": 11147.371, "end": 11149.151, "text": "I'm sorry, which amendment are we looking at?", "speaker": "Angelita Morillo" }, { "id": "cue-1992", "start": 11149.216, "end": 11152.654, "text": "This is the, the technical, uh, conforming amendment.", "speaker": "Jamie Dunphy" }, { "id": "cue-1993", "start": 11154.046, "end": 11155.038, "text": "Uh, I don't know what it's called.", "speaker": "Jamie Dunphy" }, { "id": "cue-1994", "start": 11155.786, "end": 11157.396, "text": "It just says proposed technical amendment.", "speaker": "Sameer Kanal" }, { "id": "cue-1995", "start": 11157.558, "end": 11158.615, "text": "It's listed as technical.", "speaker": "Jamie Dunphy" }, { "id": "cue-1996", "start": 11158.762, "end": 11158.811, "text": "Aye.", "speaker": "Angelita Morillo" }, { "id": "cue-1997", "start": 11159.496, "end": 11159.721, "text": "Thank you.", "speaker": "Angelita Morillo" }, { "id": "cue-1998", "start": 11160.539, "end": 11160.876, "text": "Novick.", "speaker": "Keelan McClymont" }, { "id": "cue-1999", "start": 11162.159, "end": 11162.191, "text": "Aye.", "speaker": "Steve Novick" }, { "id": "cue-2000", "start": 11163.346, "end": 11163.683, "text": "Clark.", "speaker": "Keelan McClymont" }, { "id": "cue-2001", "start": 11163.988, "end": 11164.036, "text": "Aye.", "speaker": "Olivia Clark" }, { "id": "cue-2002", "start": 11164.63, "end": 11164.854, "text": "Green.", "speaker": "Keelan McClymont" }, { "id": "cue-2003", "start": 11165.913, "end": 11166.089, "text": "Aye.", "speaker": "Mitch Green" }, { "id": "cue-2004", "start": 11167.116, "end": 11167.501, "text": "Zimmerman.", "speaker": "Keelan McClymont" }, { "id": "cue-2005", "start": 11168.399, "end": 11168.576, "text": "Aye.", "speaker": "Eric Zimmerman" }, { "id": "cue-2006", "start": 11168.961, "end": 11169.426, "text": "Avalos.", "speaker": "Keelan McClymont" }, { "id": "cue-2007", "start": 11169.763, "end": 11169.94, "text": "Aye.", "speaker": "Candace Avalos" }, { "id": "cue-2008", "start": 11170.357, "end": 11170.71, "text": "Smith.", "speaker": "Keelan McClymont" }, { "id": "cue-2009", "start": 11171.528, "end": 11171.576, "text": "Aye.", "speaker": "Loretta Smith" }, { "id": "cue-2010", "start": 11172.282, "end": 11172.394, "text": "Knoll.", "speaker": "Keelan McClymont" }, { "id": "cue-2011", "start": 11172.891, "end": 11172.939, "text": "Aye.", "speaker": "Sameer Kanal" }, { "id": "cue-2012", "start": 11173.709, "end": 11174.159, "text": "Bertolini.", "speaker": "Keelan McClymont" }, { "id": "cue-2013", "start": 11174.496, "end": 11174.544, "text": "Aye.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2014", "start": 11175.217, "end": 11175.442, "text": "Ryan.", "speaker": "Keelan McClymont" }, { "id": "cue-2015", "start": 11175.859, "end": 11175.907, "text": "Aye.", "speaker": "Dan Ryan" }, { "id": "cue-2016", "start": 11176.597, "end": 11176.886, "text": "Dunphy.", "speaker": "Keelan McClymont" }, { "id": "cue-2017", "start": 11177.303, "end": 11177.431, "text": "Aye.", "speaker": "Jamie Dunphy" }, { "id": "cue-2018", "start": 11177.88, "end": 11179.773, "text": "The amendment is approved with a vote of 12 ayes.", "speaker": "Keelan McClymont" }, { "id": "cue-2019", "start": 11180.11, "end": 11185.805, "text": "Colleagues, we're going to take a 15-minute recess and come back to have discussion of the underlying resolution and term sheet.", "speaker": "Jamie Dunphy" }, { "id": "cue-2020", "start": 11186.373, "end": 11188.007, "text": "Please, everybody back here at 12:45.", "speaker": "Jamie Dunphy" }, { "id": "cue-2021", "start": 12080.007, "end": 12081.481, "text": "I'm calling us back to order.", "speaker": "Jamie Dunphy" }, { "id": "cue-2022", "start": 12082.178, "end": 12089.107, "text": "We are now debating the underlying amended resolution and term sheet.", "speaker": "Jamie Dunphy" }, { "id": "cue-2023", "start": 12089.585, "end": 12097.454, "text": "Colleagues, feel free to get into the queue and, uh, let's have some discussion, some final discussion here.", "speaker": "Jamie Dunphy" }, { "id": "cue-2024", "start": 12103.707, "end": 12109.106, "text": "Okay, Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-2025", "start": 12110.334, "end": 12112.522, "text": "Thank you, Mr. President.", "speaker": "Steve Novick" }, { "id": "cue-2026", "start": 12113.317, "end": 12118.168, "text": "One thing I want to say is that I respect the arguments on all sides and the positions people have taken.", "speaker": "Steve Novick" }, { "id": "cue-2027", "start": 12118.963, "end": 12124.569, "text": "I think that a number of the issues we've talked about, you can quite easily make a case for, you know, one position or another.", "speaker": "Steve Novick" }, { "id": "cue-2028", "start": 12125.422, "end": 12135.446, "text": "As far as the economic impact of the Blazers leaving, you can look at all the economic studies that show that politicians routinely overestimate the economic value of sports franchises.", "speaker": "Steve Novick" }, { "id": "cue-2029", "start": 12137.287, "end": 12142.318, "text": "And you can look at the fact that Seattle and Vancouver didn't collapse when the Supersonics or the Grizzlies left.", "speaker": "Steve Novick" }, { "id": "cue-2030", "start": 12143.046, "end": 12148.362, "text": "You can also reasonably argue that in a city whose economy is largely— is unusually dependent on reputation, Yes.", "speaker": "Steve Novick" }, { "id": "cue-2031", "start": 12150.261, "end": 12157.317, "text": "The reputational hit of losing our one big sport— one major league sports team would be very dangerous.", "speaker": "Steve Novick" }, { "id": "cue-2032", "start": 12158.344, "end": 12164.646, "text": "I don't know the extent to which Portland's reputation depends on the Portland Trail Blazers, but I think, you know, I think that that's a reasonable argument.", "speaker": "Steve Novick" }, { "id": "cue-2033", "start": 12165.304, "end": 12170.484, "text": "There also appear to be reasonable conflicting positions in whether the Blazers might actually leave.", "speaker": "Steve Novick" }, { "id": "cue-2034", "start": 12171.478, "end": 12195.975, "text": "I've seen very cogent arguments that there's 12 places they could go tomorrow and others that there's problems with all 12 places and there's really nowhere they're what we do know is that if they did leave, there are actual human beings who will be working there who will lose work, like the IATSE 28 members.", "speaker": "Steve Novick" }, { "id": "cue-2035", "start": 12196.634, "end": 12206.133, "text": "We also do know that the state has committed to putting up over $300 million to help renovate an arena that we own, and that opportunity might not come again.", "speaker": "Steve Novick" }, { "id": "cue-2036", "start": 12206.262, "end": 12206.859, "text": "I think that's a good point.", "speaker": "Steve Novick" }, { "id": "cue-2037", "start": 12207.783, "end": 12214.85, "text": "So I am willing to stretch to get to an agreement, but I'm only willing to stretch so far.", "speaker": "Steve Novick" }, { "id": "cue-2038", "start": 12215.458, "end": 12222.333, "text": "And where I landed was I want us to be able to do— state legislators, I think, are in a good position.", "speaker": "Steve Novick" }, { "id": "cue-2039", "start": 12222.605, "end": 12227.669, "text": "They can say we're only putting in the amount of money that we expect to get back from taxes on player salaries.", "speaker": "Steve Novick" }, { "id": "cue-2040", "start": 12228.454, "end": 12231.467, "text": "So I wanted to put us in a comparable position.", "speaker": "Steve Novick" }, { "id": "cue-2041", "start": 12232.605, "end": 12236.843, "text": "And with the amendments passed to the term sheet today, I think this does that.", "speaker": "Steve Novick" }, { "id": "cue-2042", "start": 12237.165, "end": 12239.28, "text": "I mean, I'm making some generous assumptions.", "speaker": "Steve Novick" }, { "id": "cue-2043", "start": 12239.441, "end": 12246.906, "text": "I'm assuming that we get $45 million in BLT revenue from the sale of the Blazers and that it's reasonable to plow that back in.", "speaker": "Steve Novick" }, { "id": "cue-2044", "start": 12248.71, "end": 12250.903, "text": "Does that mean— that's the biggest assumption.", "speaker": "Steve Novick" }, { "id": "cue-2045", "start": 12252.21, "end": 12252.339, "text": "Yeah.", "speaker": "Candace Avalos" }, { "id": "cue-2046", "start": 12252.403, "end": 12269.138, "text": "But with that and with the payment in lieu and with the rent, we get to a point where We should be able to pay ourselves back for $175 million plus borrowing costs equaling $117 million over 20 years.", "speaker": "Steve Novick" }, { "id": "cue-2047", "start": 12270.116, "end": 12277.859, "text": "I should also say that I— to me, this is a strong opening offer, but I have already signaled that I'd be willing to accept something that's arguably less.", "speaker": "Steve Novick" }, { "id": "cue-2048", "start": 12278.164, "end": 12284.977, "text": "I mean, last week, my— I proposed an amendment counting charitable contributions the Blazers make as part of return to the city.", "speaker": "Steve Novick" }, { "id": "cue-2049", "start": 12285.025, "end": 12285.169, "text": "Thank you.", "speaker": "Loretta Smith" }, { "id": "cue-2050", "start": 12285.603, "end": 12289.23, "text": "Which obviously is different from return of tax revenues or rent or what have you.", "speaker": "Steve Novick" }, { "id": "cue-2051", "start": 12290.481, "end": 12297.238, "text": "So having said that, if there's a proposal that comes back in December that uses that to some extent, I'm going to have to look at it.", "speaker": "Steve Novick" }, { "id": "cue-2052", "start": 12297.719, "end": 12306.273, "text": "I've also said repeatedly publicly that I'd be willing to consider business license tax payments that the Blazers make on an annual basis as part of what we get back.", "speaker": "Steve Novick" }, { "id": "cue-2053", "start": 12306.771, "end": 12311.393, "text": "We don't know what, if anything, you know, what, if any, amount that is, but I'd be willing—.", "speaker": "Steve Novick" }, { "id": "cue-2054", "start": 12311.393, "end": 12311.569, "text": "Thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-2055", "start": 12311.764, "end": 12315.285, "text": "In December to consider a proposal where that's factored into account.", "speaker": "Steve Novick" }, { "id": "cue-2056", "start": 12317.63, "end": 12320.257, "text": "So I'm pleased where we are today.", "speaker": "Steve Novick" }, { "id": "cue-2057", "start": 12320.597, "end": 12321.846, "text": "I'm going, going to vote yes.", "speaker": "Steve Novick" }, { "id": "cue-2058", "start": 12323.58, "end": 12326.882, "text": "There's a couple of other things that I want to say.", "speaker": "Steve Novick" }, { "id": "cue-2059", "start": 12328.25, "end": 12337.609, "text": "One is that based on what Mr. Hankins was saying a couple of weeks ago, you might get the impression that Portland is the weakest market, MBA market in the country.", "speaker": "Steve Novick" }, { "id": "cue-2060", "start": 12338.787, "end": 12339.525, "text": "That's not true.", "speaker": "Steve Novick" }, { "id": "cue-2061", "start": 12340.551, "end": 12350.746, "text": "In 2024-25, the last year for which I've seen complete data, the Blazers were not in the top half of teams in revenue, but they made $361 million.", "speaker": "Steve Novick" }, { "id": "cue-2062", "start": 12351.853, "end": 12359.451, "text": "That was more than the Thunder, the Bucks, the Kings, the Pacers, the Jazz, the Hornets, the Timberwolves, the Magic, the Grizzlies, or the Pelicans.", "speaker": "Steve Novick" }, { "id": "cue-2063", "start": 12360.381, "end": 12361.648, "text": "I think that's something to keep in mind.", "speaker": "Steve Novick" }, { "id": "cue-2064", "start": 12362.93, "end": 12372.515, "text": "And finally, to the extent that NBA officials or owners of the national sports media are listening, I have 2 words for them: Clint Capela.", "speaker": "Steve Novick" }, { "id": "cue-2065", "start": 12374.38, "end": 12380.106, "text": "The amount that I'm asking for the city to get back over 20 years is about $6 million a year.", "speaker": "Steve Novick" }, { "id": "cue-2066", "start": 12381.189, "end": 12383.973, "text": "That is less than the salary of Clint Capela of the Houston Rockets.", "speaker": "Steve Novick" }, { "id": "cue-2067", "start": 12384.768, "end": 12388.453, "text": "Now, Clint Capela is— no disrespect, he's a good rebounder.", "speaker": "Steve Novick" }, { "id": "cue-2068", "start": 12388.502, "end": 12389.135, "text": "He's a good rebounder.", "speaker": "Steve Novick" }, { "id": "cue-2069", "start": 12389.83, "end": 12392.117, "text": "But he's 32 years old and he doesn't score.", "speaker": "Steve Novick" }, { "id": "cue-2070", "start": 12392.831, "end": 12394.988, "text": "And I would ask you, what would you rather have?", "speaker": "Steve Novick" }, { "id": "cue-2071", "start": 12396.31, "end": 12403.613, "text": "An established fan base and an arena newly renovated to a first-class standard, or Clint Capela?", "speaker": "Steve Novick" }, { "id": "cue-2072", "start": 12404.34, "end": 12404.583, "text": "Thank you.", "speaker": "Steve Novick" }, { "id": "cue-2073", "start": 12407.412, "end": 12408.285, "text": "Thank you, Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-2074", "start": 12408.544, "end": 12410.613, "text": "Councilor Morillo.", "speaker": "Jamie Dunphy" }, { "id": "cue-2075", "start": 12413.254, "end": 12414.683, "text": "Um, thank you, Council President.", "speaker": "Angelita Morillo" }, { "id": "cue-2076", "start": 12418.738, "end": 12425.848, "text": "I am grateful for the changes that were made to this arena deal, to the term sheet as we are seeing it so far.", "speaker": "Angelita Morillo" }, { "id": "cue-2077", "start": 12426.522, "end": 12442.241, "text": "And I want to really thank the public for pushing us on this, for coming to town halls, for giving us feedback, for asking tough questions, and for pushing your elected officials, some of which were actually responsive to that and asked more questions because of you.", "speaker": "Angelita Morillo" }, { "id": "cue-2078", "start": 12443.32, "end": 12452.227, "text": "We would have a much worse term sheet to start our negotiations if it wasn't for your repeated, relentless input and feedback.", "speaker": "Angelita Morillo" }, { "id": "cue-2079", "start": 12453.552, "end": 12465.474, "text": "And they want us to believe that this arena deal is going to be different and that this is going to be the first one ever that pays for itself and benefits a city.", "speaker": "Angelita Morillo" }, { "id": "cue-2080", "start": 12466.215, "end": 12472.938, "text": "But we have 50 years of conclusive evidence from economists who are not known for being crazy leftists, okay?", "speaker": "Angelita Morillo" }, { "id": "cue-2081", "start": 12473.983, "end": 12475.959, "text": "Showing that that never happens.", "speaker": "Angelita Morillo" }, { "id": "cue-2082", "start": 12476.393, "end": 12480.298, "text": "But they keep telling us, don't worry about that, this one's gonna be different.", "speaker": "Angelita Morillo" }, { "id": "cue-2083", "start": 12480.587, "end": 12485.68, "text": "It's like a crappy boyfriend that tells you he's gonna change, but never changes.", "speaker": "Angelita Morillo" }, { "id": "cue-2084", "start": 12486.275, "end": 12489.087, "text": "That is what these deals are like for every city that takes them.", "speaker": "Angelita Morillo" }, { "id": "cue-2085", "start": 12490.131, "end": 12492.541, "text": "This one is not going to be different.", "speaker": "Angelita Morillo" }, { "id": "cue-2086", "start": 12493.73, "end": 12504.717, "text": "And in other words, They think that we as legislators are stupid, and perhaps we are, because for some reason we are relinquishing our ability to get information that we desperately need to make decisions.", "speaker": "Angelita Morillo" }, { "id": "cue-2087", "start": 12505.777, "end": 12508.476, "text": "I'm afraid that today we are proving them right about that.", "speaker": "Angelita Morillo" }, { "id": "cue-2088", "start": 12509.151, "end": 12527.922, "text": "I want everyone here to remember their vote when budget season rolls around and remember that the reason that we are going to make cuts to parks, cuts to public safety, cuts to homeless services, is because we gave away $400 million to a billionaire when we didn't have to.", "speaker": "Angelita Morillo" }, { "id": "cue-2089", "start": 12530.68, "end": 12547.675, "text": "When we held our webinar, Councilor Green and I, with economists who are renowned for focusing on stadium deals specifically, by the way, who are not socialists, who are not even progressives, they told us that when these deals are voted on by the public, It's 50/50.", "speaker": "Angelita Morillo" }, { "id": "cue-2090", "start": 12548.621, "end": 12554.381, "text": "When city councils make these decisions under pressure on a manufactured timeline, they always get it done.", "speaker": "Angelita Morillo" }, { "id": "cue-2091", "start": 12555.536, "end": 12560.189, "text": "That's how the billionaires get their way, by removing public access and input.", "speaker": "Angelita Morillo" }, { "id": "cue-2092", "start": 12560.991, "end": 12574.042, "text": "If this actually went to the ballot, I think this would fail because we have people who were shouting in here earlier and who may not have been the best with their decorum, But who were saying very real things.", "speaker": "Angelita Morillo" }, { "id": "cue-2093", "start": 12574.541, "end": 12575.748, "text": "They can't pay for rent.", "speaker": "Angelita Morillo" }, { "id": "cue-2094", "start": 12575.99, "end": 12577.149, "text": "They can't pay for food.", "speaker": "Angelita Morillo" }, { "id": "cue-2095", "start": 12577.471, "end": 12585.492, "text": "A few of us up here are starting to knock doors for reelection, and I can tell you everything that I'm hearing on the doors is people can't afford their utilities.", "speaker": "Angelita Morillo" }, { "id": "cue-2096", "start": 12586.253, "end": 12588.584, "text": "They can't— they are choosing between food and rent.", "speaker": "Angelita Morillo" }, { "id": "cue-2097", "start": 12590.445, "end": 12600.607, "text": "The state legislature has money to allocate to this, but never to transit that's being cut, or to SNAP, or to school lunches, or to anything else that people need to survive.", "speaker": "Angelita Morillo" }, { "id": "cue-2098", "start": 12600.658, "end": 12601.062, "text": "Councilmember Loretta Smith.", "speaker": "Angelita Morillo" }, { "id": "cue-2099", "start": 12601.739, "end": 12607.038, "text": "And we laid off a ton of employees and we cut a bunch of core services and we are setting ourselves up to do that again.", "speaker": "Angelita Morillo" }, { "id": "cue-2100", "start": 12607.652, "end": 12617.239, "text": "And we're not even giving ourselves the dignity of asking and receiving basic information before we do that to ourselves, to our constituents, to our employees.", "speaker": "Angelita Morillo" }, { "id": "cue-2101", "start": 12618.942, "end": 12622.993, "text": "So I cannot in good conscience move this forward today.", "speaker": "Angelita Morillo" }, { "id": "cue-2102", "start": 12623.479, "end": 12625.78, "text": "I appreciate that it is much better than it was before.", "speaker": "Angelita Morillo" }, { "id": "cue-2103", "start": 12626.936, "end": 12633.824, "text": "And I also want to point out that we were largely chastised for taking the lead of the public and asking tough questions.", "speaker": "Angelita Morillo" }, { "id": "cue-2104", "start": 12634.819, "end": 12637.42, "text": "And that is the only reason that this term sheet is better.", "speaker": "Angelita Morillo" }, { "id": "cue-2105", "start": 12638.207, "end": 12640.519, "text": "So again, thank you to the community for showing up.", "speaker": "Angelita Morillo" }, { "id": "cue-2106", "start": 12640.984, "end": 12642.413, "text": "Your efforts are not wasted.", "speaker": "Angelita Morillo" }, { "id": "cue-2107", "start": 12643.473, "end": 12647.165, "text": "Every single effort and push that you did got us to a better term sheet.", "speaker": "Angelita Morillo" }, { "id": "cue-2108", "start": 12647.502, "end": 12653.089, "text": "And I'm going to be continuing to push through December to make sure that we get as much information as possible.", "speaker": "Angelita Morillo" }, { "id": "cue-2109", "start": 12657.333, "end": 12661.526, "text": "Thank you, Councilor Morillo.", "speaker": "Angelita Morillo" }, { "id": "cue-2110", "start": 12662.448, "end": 12663.759, "text": "Councilor Green.", "speaker": "Angelita Morillo" }, { "id": "cue-2111", "start": 12666.803, "end": 12668.886, "text": "Thank you, Council President.", "speaker": "Mitch Green" }, { "id": "cue-2112", "start": 12668.983, "end": 12670.436, "text": "Thank you, Councilor Morillo.", "speaker": "Mitch Green" }, { "id": "cue-2113", "start": 12670.517, "end": 12672.988, "text": "I think you took the words out of my mouth.", "speaker": "Mitch Green" }, { "id": "cue-2114", "start": 12675.21, "end": 12678.587, "text": "I want to speak to the heart for a moment, speak from the heart for a moment.", "speaker": "Mitch Green" }, { "id": "cue-2115", "start": 12680.851, "end": 12682.174, "text": "So there's a bus stop near my house.", "speaker": "Mitch Green" }, { "id": "cue-2116", "start": 12682.755, "end": 12685.435, "text": "I live on the 39, which is the Arnold Creek bus stop.", "speaker": "Mitch Green" }, { "id": "cue-2117", "start": 12686.387, "end": 12688.291, "text": "That's the bus stop that students at Ida B.", "speaker": "Mitch Green" }, { "id": "cue-2118", "start": 12688.34, "end": 12689.324, "text": "Wells take to get to school.", "speaker": "Mitch Green" }, { "id": "cue-2119", "start": 12691.02, "end": 12697.329, "text": "There's a notice on that bus stop that says starting on August 23rd, you can expect this service to be reduced or cut.", "speaker": "Mitch Green" }, { "id": "cue-2120", "start": 12699.158, "end": 12704.488, "text": "Same cuts coming to the number 1 on Vermont, another line that students take to get to Ida B.", "speaker": "Mitch Green" }, { "id": "cue-2121", "start": 12704.569, "end": 12704.697, "text": "Wells.", "speaker": "Mitch Green" }, { "id": "cue-2122", "start": 12704.746, "end": 12704.907, "text": "Thank you.", "speaker": "Keelan McClymont" }, { "id": "cue-2123", "start": 12707.012, "end": 12722.069, "text": "If the state legislature does not somehow come up with a miraculous funding package for TriMet in the next legislative session, we're going to lock those cuts into place for years to come, and we will have decimated our transit system.", "speaker": "Mitch Green" }, { "id": "cue-2124", "start": 12723.776, "end": 12726.908, "text": "And so for me, this vote is about the broader stakes that we're in.", "speaker": "Mitch Green" }, { "id": "cue-2125", "start": 12728.78, "end": 12732.719, "text": "We're in a situation where our state legislature asked zero questions.", "speaker": "Mitch Green" }, { "id": "cue-2126", "start": 12733.879, "end": 12734.023, "text": "None.", "speaker": "Mitch Green" }, { "id": "cue-2127", "start": 12734.681, "end": 12737.714, "text": "Over the course of 5 weeks, basically said, what do you need, $600 million?", "speaker": "Mitch Green" }, { "id": "cue-2128", "start": 12738.068, "end": 12740.443, "text": "We got you, we're good for $365 million.", "speaker": "Mitch Green" }, { "id": "cue-2129", "start": 12740.876, "end": 12746.06, "text": "Didn't tell us about a study that they commissioned from Echo Northwest that made the case.", "speaker": "Mitch Green" }, { "id": "cue-2130", "start": 12746.172, "end": 12751.276, "text": "If they would— I mean, if they would have shared that, it would have been— it undermined my position.", "speaker": "Mitch Green" }, { "id": "cue-2131", "start": 12751.709, "end": 12752.56, "text": "So that tells you something.", "speaker": "Mitch Green" }, { "id": "cue-2132", "start": 12753.796, "end": 12755.047, "text": "But they never even asked a question.", "speaker": "Mitch Green" }, { "id": "cue-2133", "start": 12755.144, "end": 12757.134, "text": "I talked to Mike Wilkerson at Echo Northwest yesterday.", "speaker": "Mitch Green" }, { "id": "cue-2134", "start": 12757.23, "end": 12759.367, "text": "I said, hey, why didn't you share that study from last bring with us.", "speaker": "Mitch Green" }, { "id": "cue-2135", "start": 12759.657, "end": 12761.546, "text": "And he said nobody asked for it.", "speaker": "Mitch Green" }, { "id": "cue-2136", "start": 12763.046, "end": 12764.144, "text": "Nobody ever asked for it.", "speaker": "Mitch Green" }, { "id": "cue-2137", "start": 12765.38, "end": 12767.372, "text": "And he's under an NDA, so he can't just volunteer it up.", "speaker": "Mitch Green" }, { "id": "cue-2138", "start": 12767.437, "end": 12778.769, "text": "So that means no one at the state legislature, no one in the mayor's office, no one in anyone else's office that had any involvement in that ever asked for that and ever asked to bring it to City Council.", "speaker": "Mitch Green" }, { "id": "cue-2139", "start": 12779.413, "end": 12785.489, "text": "And so the perception here every step of the way has been like, don't worry, Thank you.", "speaker": "Mitch Green" }, { "id": "cue-2140", "start": 12785.666, "end": 12786.745, "text": "There is no problem here.", "speaker": "Mitch Green" }, { "id": "cue-2141", "start": 12787.744, "end": 12788.855, "text": "This will all pay for itself.", "speaker": "Mitch Green" }, { "id": "cue-2142", "start": 12788.903, "end": 12789.499, "text": "It's self-contained.", "speaker": "Mitch Green" }, { "id": "cue-2143", "start": 12789.548, "end": 12790.111, "text": "But it's not.", "speaker": "Mitch Green" }, { "id": "cue-2144", "start": 12790.176, "end": 12792.495, "text": "There's no such thing as a free lunch in public economics.", "speaker": "Mitch Green" }, { "id": "cue-2145", "start": 12794.946, "end": 12798.413, "text": "The Blazers— all of this is predicated on the idea that they're just going to leave and walk.", "speaker": "Mitch Green" }, { "id": "cue-2146", "start": 12799.63, "end": 12800.436, "text": "Where are they going to go?", "speaker": "Mitch Green" }, { "id": "cue-2147", "start": 12801.97, "end": 12806.039, "text": "Name a city and explain how that city can do better than us.", "speaker": "Mitch Green" }, { "id": "cue-2148", "start": 12807.822, "end": 12808.422, "text": "No one's done that.", "speaker": "Mitch Green" }, { "id": "cue-2149", "start": 12809.037, "end": 12814.038, "text": "And when I've asked those questions, I have been told It's just, it's in the rumor mill, man.", "speaker": "Mitch Green" }, { "id": "cue-2150", "start": 12814.233, "end": 12815.367, "text": "You got to trust me.", "speaker": "Mitch Green" }, { "id": "cue-2151", "start": 12815.773, "end": 12818.576, "text": "I'm not sent here to trust you in a rumor mill.", "speaker": "Mitch Green" }, { "id": "cue-2152", "start": 12819.504, "end": 12832.619, "text": "I'm sent here to protect taxpayer funds and fight for our communities, especially when we are watching the rest of our public investments in education, healthcare, public transit crumble around us.", "speaker": "Mitch Green" }, { "id": "cue-2153", "start": 12834.413, "end": 12845.632, "text": "And so sorry if I'm I'm a little hot about that because some of you have critically— uncritically accepted claims of economic development that just aren't there.", "speaker": "Mitch Green" }, { "id": "cue-2154", "start": 12846.997, "end": 12847.27, "text": "They're not.", "speaker": "Mitch Green" }, { "id": "cue-2155", "start": 12848.538, "end": 12852.617, "text": "There's no study on the table that has been substantiated in any sense of the word.", "speaker": "Mitch Green" }, { "id": "cue-2156", "start": 12853.339, "end": 12856.711, "text": "The benefits could be zero, $600 million, $2 billion, $15 billion, doesn't matter.", "speaker": "Mitch Green" }, { "id": "cue-2157", "start": 12856.952, "end": 12860.741, "text": "Those are all reasonable guesses because there's no credible study so far.", "speaker": "Mitch Green" }, { "id": "cue-2158", "start": 12860.805, "end": 12861.11, "text": "Thank you.", "speaker": "Olivia Clark" }, { "id": "cue-2159", "start": 12862.734, "end": 12887.011, "text": "And so where I'm at with this is last week I tried to bring an amendment that would've cut our exposure down from $400 million, which after interest would be anywhere between $460 and $476 million depending upon the interest rate you assume, and bring that down to $184 to $200 million after interest.", "speaker": "Mitch Green" }, { "id": "cue-2160", "start": 12887.399, "end": 12888.821, "text": "That's what I tried to do in my amendment last week.", "speaker": "Mitch Green" }, { "id": "cue-2161", "start": 12888.869, "end": 12888.966, "text": "Thank you.", "speaker": "Steve Novick" }, { "id": "cue-2162", "start": 12890.085, "end": 12906.535, "text": "By basically asking the question, if, if we're putting up a total of $600 million to renovate a stadium, then what business are we— why do we need to plow $100 to $275 million into new capital formation for the next 20 years right away?", "speaker": "Mitch Green" }, { "id": "cue-2163", "start": 12907.402, "end": 12909.312, "text": "Didn't we do that when we renovated the stadium?", "speaker": "Mitch Green" }, { "id": "cue-2164", "start": 12910.387, "end": 12914.56, "text": "The fact that no one has been able to address that question head-on honestly is scandalous.", "speaker": "Mitch Green" }, { "id": "cue-2165", "start": 12914.705, "end": 12914.945, "text": "Thank you.", "speaker": "Donnie Oliveira" }, { "id": "cue-2166", "start": 12916.278, "end": 12919.881, "text": "And it means that you're trying to hide the ball on what this really costs to the Portlanders.", "speaker": "Mitch Green" }, { "id": "cue-2167", "start": 12920.636, "end": 12923.58, "text": "But they're not— they know right where the ball is.", "speaker": "Mitch Green" }, { "id": "cue-2168", "start": 12924.095, "end": 12925.803, "text": "They see where the ball is going on every single play.", "speaker": "Mitch Green" }, { "id": "cue-2169", "start": 12925.868, "end": 12929.979, "text": "That's why they were upset here today and had to be escorted out of this office or this chambers.", "speaker": "Mitch Green" }, { "id": "cue-2170", "start": 12930.498, "end": 12931.278, "text": "That's why they were outside.", "speaker": "Mitch Green" }, { "id": "cue-2171", "start": 12931.902, "end": 12935.322, "text": "And that's why they're going to be at your town halls over the next 6 months.", "speaker": "Mitch Green" }, { "id": "cue-2172", "start": 12938.006, "end": 12943.558, "text": "And so because of that, because this body refused To do any measure of cost control in this first term sheet?", "speaker": "Mitch Green" }, { "id": "cue-2173", "start": 12943.622, "end": 12945.854, "text": "Because colleagues, it does not get better.", "speaker": "Mitch Green" }, { "id": "cue-2174", "start": 12946.175, "end": 12948.247, "text": "The deal doesn't get better after we start negotiating.", "speaker": "Mitch Green" }, { "id": "cue-2175", "start": 12949.001, "end": 12949.595, "text": "It gets worse.", "speaker": "Mitch Green" }, { "id": "cue-2176", "start": 12950.43, "end": 12952.437, "text": "Has anyone ever been a part of a negotiation here?", "speaker": "Mitch Green" }, { "id": "cue-2177", "start": 12953.192, "end": 12954.348, "text": "Do you get your starting position?", "speaker": "Mitch Green" }, { "id": "cue-2178", "start": 12954.445, "end": 12955.504, "text": "You do not.", "speaker": "Mitch Green" }, { "id": "cue-2179", "start": 12956.291, "end": 12961.782, "text": "How am I supposed to accept uncritically this idea that here's my starting position, thanks for giving me an extra 10%?", "speaker": "Mitch Green" }, { "id": "cue-2180", "start": 12962.489, "end": 12963.179, "text": "That doesn't happen.", "speaker": "Mitch Green" }, { "id": "cue-2181", "start": 12963.87, "end": 12965.347, "text": "It's ludicrous.", "speaker": "Donnie Oliveira" }, { "id": "cue-2182", "start": 12967.287, "end": 12968.762, "text": "So we didn't do that.", "speaker": "Mitch Green" }, { "id": "cue-2183", "start": 12968.842, "end": 12976.406, "text": "We didn't— we decided to ignore the total cost of this project, pretend it's only $120 million, and pretend we have a source of funding for that.", "speaker": "Mitch Green" }, { "id": "cue-2184", "start": 12977.479, "end": 12981.469, "text": "If we would have passed my amendment, we would have found a source of funding for that, and I would have been a yes today.", "speaker": "Mitch Green" }, { "id": "cue-2185", "start": 12981.79, "end": 12982.607, "text": "But we didn't.", "speaker": "Mitch Green" }, { "id": "cue-2186", "start": 12982.687, "end": 12983.472, "text": "And so I'm a no today.", "speaker": "Mitch Green" }, { "id": "cue-2187", "start": 12983.585, "end": 12987.11, "text": "I'm going to be no on this term sheet.", "speaker": "Mitch Green" }, { "id": "cue-2188", "start": 12987.655, "end": 12988.424, "text": "Thank you, Councilor Green.", "speaker": "Jamie Dunphy" }, { "id": "cue-2189", "start": 12988.937, "end": 12989.626, "text": "Councilor Pirtle-Guiney.", "speaker": "Jamie Dunphy" }, { "id": "cue-2190", "start": 12990.043, "end": 12991.084, "text": "Thank you, Council President.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2191", "start": 12991.87, "end": 12994.676, "text": "I want to start by speaking to Portlanders.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2192", "start": 12995.815, "end": 13000.033, "text": "I spent a lot of my career sitting on the other side of rooms like this.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2193", "start": 13001.059, "end": 13009.19, "text": "I spent a lot of my career questioning whether deals just like this one were good enough for the community, whether they were good enough for working people.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2194", "start": 13010.04, "end": 13021.623, "text": "I spent a lot of time wondering what on earth elected leaders had seen or what calculations they were making that led them to make what I often saw as irrational decisions.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2195", "start": 13022.859, "end": 13034.947, "text": "So I want to actually lay out why I think this investment could be the most reasonable option we have, the most rational option we have, possibly even the best one for our city.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2196", "start": 13035.043, "end": 13042.444, "text": "Because as one testifier said last week, we need to ink the best deal for the city, and we need to show our work.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2197", "start": 13043.006, "end": 13044.755, "text": "And if we're not willing to show you our work, Thank you.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2198", "start": 13045.717, "end": 13047.496, "text": "Then we shouldn't be willing to vote on this today.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2199", "start": 13048.795, "end": 13049.901, "text": "So here's what I'm looking at.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2200", "start": 13051.023, "end": 13052.193, "text": "Portland owns this building.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2201", "start": 13052.465, "end": 13061.794, "text": "So whether or not the Blazers are in Portland, whether or not we get a deal, we have to decide what the future of Moda is.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2202", "start": 13062.804, "end": 13065.128, "text": "And I want to name the options that I see before us there.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2203", "start": 13066.475, "end": 13072.325, "text": "One, the most obvious, we move forward with finding a deal the Blazers will sign on to.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2204", "start": 13072.968, "end": 13073.096, "text": "Thank you.", "speaker": "Loretta Smith" }, { "id": "cue-2205", "start": 13073.144, "end": 13079.65, "text": "We agree to terms that probably aren't as great as anybody in this room or in the city want.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2206", "start": 13080.598, "end": 13082.895, "text": "It costs us $120 million now.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2207", "start": 13083.746, "end": 13091.167, "text": "We use the revenue that comes in from the arena to cover the rest of our investment, as has been laid out in the term sheet before us.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2208", "start": 13092.339, "end": 13093.769, "text": "We might get some funds back.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2209", "start": 13094.026, "end": 13095.632, "text": "We probably shouldn't depend on it.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2210", "start": 13095.713, "end": 13103.97, "text": "We hopefully receive some of the, the rent and in lieu of tax funds that we have put into the term sheet today.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2211", "start": 13104.435, "end": 13105.941, "text": "That's yet to be negotiated.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2212", "start": 13106.999, "end": 13114.257, "text": "Um, we've got the other funding on the table from our, our partners here to pay for this renovation.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2213", "start": 13115.491, "end": 13122.253, "text": "Alternately, maybe we don't reach a deal with the Blazers, but we still decide that we want to remodel the arena.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2214", "start": 13122.702, "end": 13129.665, "text": "We know that there are fewer and fewer concerts that are going to be able to come our way over the next 5 or 10 years.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2215", "start": 13129.777, "end": 13137.613, "text": "We know that there are some major upgrades that are needed for folks who are working in that building, some accessibility upgrades.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2216", "start": 13138.368, "end": 13143.538, "text": "We focus on the needs for the fire and other sports users, for concerts, for recruiting events.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2217", "start": 13144.148, "end": 13148.821, "text": "We do this without state and county funding because the opportunity for those dollars has expired.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2218", "start": 13148.885, "end": 13149.736, "text": "It's all on the city.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2219", "start": 13150.234, "end": 13150.699, "text": "Thank you.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2220", "start": 13150.78, "end": 13161.514, "text": "It's probably a remodel that has a slightly lower price tag, but a slightly higher cost for the city, maybe a significantly higher cost for the city.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2221", "start": 13163.73, "end": 13165.606, "text": "The trade-offs are different.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2222", "start": 13165.816, "end": 13167.499, "text": "Another alternative is we don't remodel.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2223", "start": 13168.474, "end": 13174.667, "text": "We find a niche for now to put on other events for which the Moda is good enough, not as many of them.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2224", "start": 13175.696, "end": 13180.437, "text": "And eventually that fades to the last option, which is we don't remodel and the events decrease to nothing.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2225", "start": 13180.502, "end": 13180.695, "text": "Thank you.", "speaker": "Angelita Morillo" }, { "id": "cue-2226", "start": 13182.899, "end": 13186.201, "text": "There's a cost to that too, though.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2227", "start": 13186.842, "end": 13189.904, "text": "There's a cost to not activating this largest space in our city.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2228", "start": 13190.754, "end": 13192.902, "text": "There is a cost if we decide to tear it down.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2229", "start": 13193.816, "end": 13197.984, "text": "There is a cost to trying to retain events at Memorial Coliseum without Moda.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2230", "start": 13198.866, "end": 13206.849, "text": "And there is a cost, one I am completely unwilling to pay, to the Albina neighborhood for turning our back on them.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2231", "start": 13206.897, "end": 13207.025, "text": "Thank you.", "speaker": "Raymond C. Lee" }, { "id": "cue-2232", "start": 13207.523, "end": 13216.499, "text": "For refusing to reinvest in this part of town just as the Black community is buying back property and rebuilding community next door to it.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2233", "start": 13216.579, "end": 13220.883, "text": "We literally took property from families a decade ago to build this space.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2234", "start": 13222.055, "end": 13227.563, "text": "The theft of property value from their descendants would be a new data point in that unjust history.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2235", "start": 13229.056, "end": 13230.116, "text": "So I want to be clear.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2236", "start": 13231.288, "end": 13239.817, "text": "I would love to be in a situation where we have an owner for our city's largest sports team who is actually invested in the city of Portland.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2237", "start": 13241.15, "end": 13242.419, "text": "But we don't.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2238", "start": 13242.837, "end": 13254.742, "text": "So we have these choices before us: try to get a deal with the Blazers, remodel the arena without a deal with the Blazers, don't remodel and eventually close the arena.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2239", "start": 13255.69, "end": 13259.272, "text": "There is a cost to each of those which we must compare.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2240", "start": 13260.606, "end": 13261.907, "text": "Tom Dundon does not care.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2241", "start": 13262.02, "end": 13262.822, "text": "He does not care about our city.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2242", "start": 13263.255, "end": 13266.883, "text": "He does not care about our team, our values, or our future.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2243", "start": 13267.091, "end": 13268.166, "text": "He has made that clear.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2244", "start": 13269.579, "end": 13271.055, "text": "And I want to be clear about another thing.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2245", "start": 13271.12, "end": 13279.658, "text": "Portland's future is one with many needs, needs that community members have rightfully raised, which are critical for us to take into account.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2246", "start": 13279.722, "end": 13289.682, "text": "So for folks who say, don't worry, having a team will pay off for the community, that is not only tone deaf, but it's a promise we can't make and which history shows does not thank you.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2247", "start": 13290.354, "end": 13291.403, "text": "So I'm not looking at that.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2248", "start": 13292.98, "end": 13293.91, "text": "I'm looking at the costs.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2249", "start": 13295.316, "end": 13303.301, "text": "And I have to tell you, as I look at these options, I think the first 2 are better for our city and certainly for my district, for District 2.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2250", "start": 13304.768, "end": 13307.12, "text": "I think we're going to have to remodel the arena one way or another.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2251", "start": 13307.2, "end": 13308.391, "text": "So how do we get there?", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2252", "start": 13309.277, "end": 13312.416, "text": "Does it include a deal with Rip City Management or does it not?", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2253", "start": 13313.14, "end": 13315.371, "text": "This isn't a decision about emotion to Councilor Smith.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2254", "start": 13316.045, "end": 13320.365, "text": "This is not about sentiment to me or about love of a team.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2255", "start": 13321.007, "end": 13335.04, "text": "It's about financial trade-offs and our city's bottom line based on facts around what we must compare— the investment we're going to have to make, the potential benefits we're going to get from any of those scenarios.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2256", "start": 13336.357, "end": 13339.938, "text": "So I want to really briefly speak to Tom Dundon.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2257", "start": 13341.058, "end": 13344.699, "text": "You have heard us debate our negotiating position in public.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2258", "start": 13345.729, "end": 13350.224, "text": "You have heard Portlanders plead with us to spend our money on critical services.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2259", "start": 13351.144, "end": 13355.419, "text": "You have also heard them plead with us to do everything we can to keep our home team the home team.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2260", "start": 13355.887, "end": 13360.284, "text": "You have literally seen our cards and seen us discuss our bottom lines.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2261", "start": 13361.81, "end": 13363.368, "text": "I'm ready for us to sit down with you.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2262", "start": 13364.341, "end": 13365.817, "text": "We know the term sheet before us isn't a final deal.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2263", "start": 13365.882, "end": 13366.466, "text": "Councilwoman Loretta Smith.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2264", "start": 13368.138, "end": 13370.367, "text": "But it is our framing for this negotiation.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2265", "start": 13371.2, "end": 13372.547, "text": "It is what we want to see.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2266", "start": 13373.14, "end": 13375.929, "text": "I'm going to vote yes today because there's a lot I like here.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2267", "start": 13377.116, "end": 13380.69, "text": "Our labor peace agreements hold the line because Portland is a union town.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2268", "start": 13381.46, "end": 13387.263, "text": "Our community benefits plan commits Rip City to partnering with Albina Vision Trust on Rose Quarter redevelopment projects.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2269", "start": 13387.872, "end": 13392.489, "text": "We ensure the Moda Center works for Portland's values around accessibility.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2270", "start": 13393.243, "end": 13410.985, "text": "Around improved sustainability features, around public transit and bike parking and EV charging infrastructure, affordable parking and concessions, because a night out should not have so many added costs that it's only accessible to the richest few.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2271", "start": 13411.065, "end": 13414.95, "text": "By the way, Tom, these are good for your business too, not just for us.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2272", "start": 13416.283, "end": 13418.515, "text": "And holds the Blazers to a non-relocation agreement.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2273", "start": 13418.563, "end": 13418.675, "text": "Thank you.", "speaker": "Olivia Clark" }, { "id": "cue-2274", "start": 13419.638, "end": 13424.192, "text": "For all of their games with consequences, among other critical provisions.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2275", "start": 13425.106, "end": 13435.819, "text": "But Tom, we need you at the table because I certainly will not approve anything in a final agreement if you do not get us information that we need to make sure that it is a good deal for all parties.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2276", "start": 13436.733, "end": 13441.304, "text": "We have to know when there's a final vote what we're talking about.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2277", "start": 13441.865, "end": 13442.715, "text": "Thank you.", "speaker": "Loretta Smith" }, { "id": "cue-2278", "start": 13445.395, "end": 13459.717, "text": "If you, Tom, continue to come to the table with nothing more than proposals which try to bleed Portland dry and which frankly leave me wondering if you even knew this team was located in Portland when you bid on it, we're not going to be able to get to a deal.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2279", "start": 13460.97, "end": 13463.202, "text": "We want a reasonable deal in Portland.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2280", "start": 13463.924, "end": 13469.608, "text": "We are scrappy and practical and ready to make it work, but we also will not be taken advantage of.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2281", "start": 13469.704, "end": 13469.881, "text": "Thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-2282", "start": 13471.371, "end": 13475.154, "text": "You have said yourself that any deal must make good business sense.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2283", "start": 13475.509, "end": 13479.437, "text": "I agree, and my business is the business of the people of Portland.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2284", "start": 13480.566, "end": 13489.564, "text": "Any final deal must be a good deal for our city and for our people, and we have to take the step today to be able to get there.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2285", "start": 13490.13, "end": 13490.455, "text": "Thank you.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2286", "start": 13491.871, "end": 13492.897, "text": "Thank you, Councilor Pirtle-Guiney.", "speaker": "Jamie Dunphy" }, { "id": "cue-2287", "start": 13493.076, "end": 13493.841, "text": "Vice President Clerk.", "speaker": "Jamie Dunphy" }, { "id": "cue-2288", "start": 13494.964, "end": 13495.924, "text": "Thank you, Council President.", "speaker": "Olivia Clark" }, { "id": "cue-2289", "start": 13496.974, "end": 13500.072, "text": "I'm not going to be nearly as eloquent as my colleague.", "speaker": "Olivia Clark" }, { "id": "cue-2290", "start": 13500.97, "end": 13503.875, "text": "Um, I really appreciate your comments very much.", "speaker": "Olivia Clark" }, { "id": "cue-2291", "start": 13504.742, "end": 13514.645, "text": "Um, and as I said earlier, the, um, the package that's been put before us today, uh, gives me comfort that the team's reviewed the amendments.", "speaker": "Olivia Clark" }, { "id": "cue-2292", "start": 13515.174, "end": 13520.727, "text": "Um, it's incorporated some of what, uh, were just barely discussed the other day.", "speaker": "Olivia Clark" }, { "id": "cue-2293", "start": 13520.984, "end": 13521.995, "text": "So I appreciate your work.", "speaker": "Olivia Clark" }, { "id": "cue-2294", "start": 13522.156, "end": 13523.264, "text": "I just want to say that again.", "speaker": "Olivia Clark" }, { "id": "cue-2295", "start": 13523.376, "end": 13528.739, "text": "I appreciate the work of the team, and I appreciate Council President managing this process so well.", "speaker": "Olivia Clark" }, { "id": "cue-2296", "start": 13529.783, "end": 13532.705, "text": "Um, I know that we have a long row to hoe.", "speaker": "Olivia Clark" }, { "id": "cue-2297", "start": 13532.85, "end": 13533.684, "text": "We have a long way to go.", "speaker": "Olivia Clark" }, { "id": "cue-2298", "start": 13533.733, "end": 13538.261, "text": "It's been rather difficult, and I don't see it getting a lot better in the future.", "speaker": "Olivia Clark" }, { "id": "cue-2299", "start": 13539.015, "end": 13543.864, "text": "Um, but I want to be clear that I don't believe this is a bailout for a billionaire.", "speaker": "Olivia Clark" }, { "id": "cue-2300", "start": 13544.876, "end": 13547.333, "text": "This is about taking care of what we have.", "speaker": "Olivia Clark" }, { "id": "cue-2301", "start": 13547.381, "end": 13547.509, "text": "Thank you.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2302", "start": 13547.945, "end": 13549.93, "text": "It's supporting our labor community.", "speaker": "Olivia Clark" }, { "id": "cue-2303", "start": 13550.608, "end": 13555.435, "text": "It's supporting the other community partners that Councilor Pirtle-Guiney lined out.", "speaker": "Olivia Clark" }, { "id": "cue-2304", "start": 13556.016, "end": 13559.329, "text": "We're getting a 3-to-1 match in the renovation of the Moda.", "speaker": "Olivia Clark" }, { "id": "cue-2305", "start": 13560.138, "end": 13569.665, "text": "I don't want to lose that, that opportunity because, as Councilor Pirtle-Guiney said, we're going to have to take care of this place no matter what happens, and it may cost us more in the future.", "speaker": "Olivia Clark" }, { "id": "cue-2306", "start": 13572.474, "end": 13573.2, "text": "That concerns me.", "speaker": "Olivia Clark" }, { "id": "cue-2307", "start": 13573.266, "end": 13573.447, "text": "Thank you.", "speaker": "Raymond C. Lee" }, { "id": "cue-2308", "start": 13574.759, "end": 13579.33, "text": "I want to address some of the comments that were made by my good colleague, Councilor Green.", "speaker": "Olivia Clark" }, { "id": "cue-2309", "start": 13580.473, "end": 13582.437, "text": "I am the first person to care about TriMet.", "speaker": "Olivia Clark" }, { "id": "cue-2310", "start": 13583.118, "end": 13593.88, "text": "I was able to raise the TriMet taxes twice in my career and get the money for the Tilikum Bridge and the Green Line and the Red Line— not the Green Line and the Orange Line.", "speaker": "Olivia Clark" }, { "id": "cue-2311", "start": 13595.749, "end": 13598.812, "text": "I know— I think there's plenty of money available here.", "speaker": "Olivia Clark" }, { "id": "cue-2312", "start": 13598.86, "end": 13603.921, "text": "Councilor Smith, And I think that we should consider going for PSF for transit.", "speaker": "Olivia Clark" }, { "id": "cue-2313", "start": 13604.324, "end": 13605.68, "text": "I think there's plenty of money.", "speaker": "Olivia Clark" }, { "id": "cue-2314", "start": 13606.923, "end": 13612.674, "text": "But with that, I would just say that I, I think this is a very reasonable package.", "speaker": "Olivia Clark" }, { "id": "cue-2315", "start": 13612.739, "end": 13615.697, "text": "I appreciate the work that's been done, and I'll be very supportive of it.", "speaker": "Olivia Clark" }, { "id": "cue-2316", "start": 13616.805, "end": 13617.856, "text": "Thank you, Vice President Clark.", "speaker": "Jamie Dunphy" }, { "id": "cue-2317", "start": 13618.18, "end": 13618.795, "text": "Councilor Avalos.", "speaker": "Jamie Dunphy" }, { "id": "cue-2318", "start": 13623.116, "end": 13625.349, "text": "Oh boy, that last note.", "speaker": "Candace Avalos" }, { "id": "cue-2319", "start": 13628.111, "end": 13629.018, "text": "Mm-mm.", "speaker": "Raymond C. Lee" }, { "id": "cue-2320", "start": 13629.358, "end": 13635.755, "text": "Um, colleagues, this has been one of the harder votes I've had to make.", "speaker": "Candace Avalos" }, { "id": "cue-2321", "start": 13635.819, "end": 13651.094, "text": "I feel like I have been pretty consistent along the way over the last several months of what I needed to see and what I felt that Portlanders, but particularly East Portlanders, needed to ensure that this was an investment worth their while.", "speaker": "Candace Avalos" }, { "id": "cue-2322", "start": 13653.52, "end": 13665.061, "text": "Like I said earlier, I appreciate the proposal before us being substantially better now that we've approved some of those amendments, again inspired by all of the work that we put in last week.", "speaker": "Candace Avalos" }, { "id": "cue-2323", "start": 13665.878, "end": 13669.036, "text": "And so again, thank you to Donnie and the negotiating team.", "speaker": "Candace Avalos" }, { "id": "cue-2324", "start": 13669.084, "end": 13681.301, "text": "They listened and they took council's concerns seriously and they incorporated many of the concepts, definitely not the economic concepts that I needed, but many of the other non-economic concepts that, um, councilors across this dais fought for.", "speaker": "Candace Avalos" }, { "id": "cue-2325", "start": 13681.671, "end": 13689.003, "text": "We now have rent, we have stronger oversights, we have clearer protections around ownership and development rights and maintenance and community benefits.", "speaker": "Candace Avalos" }, { "id": "cue-2326", "start": 13689.052, "end": 13691.555, "text": "And those improvements do matter to me, so thank you.", "speaker": "Candace Avalos" }, { "id": "cue-2327", "start": 13692.886, "end": 13704.151, "text": "And also, Portlanders testified— who testified should know that your advocacy mattered too, because that was also a reflection of what you have been asking from us as your legislators.", "speaker": "Candace Avalos" }, { "id": "cue-2328", "start": 13704.199, "end": 13708.937, "text": "The 12 amendments that I put forward was based directly on what I heard from y'all.", "speaker": "Candace Avalos" }, { "id": "cue-2329", "start": 13709.229, "end": 13713.756, "text": "You said you needed in order for this to be a deal to be made with your money.", "speaker": "Candace Avalos" }, { "id": "cue-2330", "start": 13715.336, "end": 13717.227, "text": "We pushed this deal, it moved, that's a win.", "speaker": "Candace Avalos" }, { "id": "cue-2331", "start": 13717.921, "end": 13720.813, "text": "But the question has been for me, is it enough?", "speaker": "Candace Avalos" }, { "id": "cue-2332", "start": 13721.314, "end": 13721.976, "text": "Did we move enough?", "speaker": "Candace Avalos" }, { "id": "cue-2333", "start": 13723.766, "end": 13725.313, "text": "And the answer is no.", "speaker": "Candace Avalos" }, { "id": "cue-2334", "start": 13726.908, "end": 13731.322, "text": "From the beginning, my concern has not been whether we should keep the Trail Blazers in Portland.", "speaker": "Candace Avalos" }, { "id": "cue-2335", "start": 13731.757, "end": 13732.353, "text": "I want them to stay.", "speaker": "Candace Avalos" }, { "id": "cue-2336", "start": 13733.234, "end": 13738.709, "text": "My concern has been whether Portlanders are getting a fair return for what we are being asked to contribute.", "speaker": "Candace Avalos" }, { "id": "cue-2337", "start": 13739.801, "end": 13746.738, "text": "The new language makes clear that any future city contribution is going to come back through this budget process, and I do appreciate that protection.", "speaker": "Candace Avalos" }, { "id": "cue-2338", "start": 13746.802, "end": 13751.185, "text": "But let's be honest about what that means, because I have heard people say that this is not new tax money.", "speaker": "Candace Avalos" }, { "id": "cue-2339", "start": 13752.085, "end": 13753.963, "text": "Technically it's not.", "speaker": "Candace Avalos" }, { "id": "cue-2340", "start": 13754.814, "end": 13757.769, "text": "Technically that's true, but it is still public money.", "speaker": "Candace Avalos" }, { "id": "cue-2341", "start": 13757.833, "end": 13757.945, "text": "Thank you.", "speaker": "Keelan McClymont" }, { "id": "cue-2342", "start": 13758.587, "end": 13767.604, "text": "And every dollar that we commit here is a dollar that's not going to be available for parks and housing and public safety and climate investments and filling future budget deficits.", "speaker": "Candace Avalos" }, { "id": "cue-2343", "start": 13767.668, "end": 13774.326, "text": "Remember, we just closed a $170 million budget deficit, and we know that our challenges, our fiscal challenges, are not going away.", "speaker": "Candace Avalos" }, { "id": "cue-2344", "start": 13775.545, "end": 13778.481, "text": "So this isn't about whether this requires a new tax or not.", "speaker": "Candace Avalos" }, { "id": "cue-2345", "start": 13779.059, "end": 13783.759, "text": "This is about whether this investment is worth what Portland is being asked to give up.", "speaker": "Candace Avalos" }, { "id": "cue-2346", "start": 13783.968, "end": 13784.481, "text": "To make it.", "speaker": "Candace Avalos" }, { "id": "cue-2347", "start": 13785.059, "end": 13787.016, "text": "And so for me, I still needed to see more.", "speaker": "Candace Avalos" }, { "id": "cue-2348", "start": 13787.963, "end": 13794.172, "text": "I fought for rent because I felt that a private operating— a private business operating in a publicly owned building should pay rent.", "speaker": "Candace Avalos" }, { "id": "cue-2349", "start": 13794.22, "end": 13795.199, "text": "I'm glad that we have that.", "speaker": "Candace Avalos" }, { "id": "cue-2350", "start": 13795.247, "end": 13796.354, "text": "I'm glad we increased it.", "speaker": "Candace Avalos" }, { "id": "cue-2351", "start": 13796.611, "end": 13799.018, "text": "Any more money we can get out of it, wonderful.", "speaker": "Candace Avalos" }, { "id": "cue-2352", "start": 13800.397, "end": 13812.848, "text": "But I also continue to believe that the owners should be making a meaningful private financial contribution and that Portland deserves a stronger return on its investment before I can support the final economics of this deal.", "speaker": "Candace Avalos" }, { "id": "cue-2353", "start": 13812.929, "end": 13816.737, "text": "So my vote is no, but I want to be clear about what that no means.", "speaker": "Candace Avalos" }, { "id": "cue-2354", "start": 13817.669, "end": 13819.228, "text": "It is not a vote against the Blazers.", "speaker": "Candace Avalos" }, { "id": "cue-2355", "start": 13820.047, "end": 13827.085, "text": "It is not a rejection of the progress that we've made, and it is not a decision about the final agreements that will come back to us later this year.", "speaker": "Candace Avalos" }, { "id": "cue-2356", "start": 13828.001, "end": 13832.565, "text": "It is a message to the negotiating team: you have strengthened the city's position.", "speaker": "Candace Avalos" }, { "id": "cue-2357", "start": 13832.838, "end": 13835.377, "text": "Now keep going, keep going.", "speaker": "Candace Avalos" }, { "id": "cue-2358", "start": 13835.875, "end": 13838.269, "text": "Use these protections as the floor, not the ceiling.", "speaker": "Candace Avalos" }, { "id": "cue-2359", "start": 13838.782, "end": 13847.338, "text": "Bring me back a deal that asks the owner to meet Portland with the same specificity that we've been asking, that they've asked of us to meet them with.", "speaker": "Candace Avalos" }, { "id": "cue-2360", "start": 13848.54, "end": 13851.888, "text": "So I hope that we take one big lesson from this whole process.", "speaker": "Candace Avalos" }, { "id": "cue-2361", "start": 13852.786, "end": 13862.623, "text": "Again, last week we were told that council shouldn't negotiate from the dais, but many of the ideas that were rejected last week are now in what is approved that we are voting on.", "speaker": "Candace Avalos" }, { "id": "cue-2362", "start": 13864.001, "end": 13866.709, "text": "And I think that speaks to remembering what our role is.", "speaker": "Candace Avalos" }, { "id": "cue-2363", "start": 13866.805, "end": 13866.933, "text": "Thank you.", "speaker": "Candace Avalos" }, { "id": "cue-2364", "start": 13867.25, "end": 13871.281, "text": "Council's role is to tell the negotiating team what Portland needs.", "speaker": "Candace Avalos" }, { "id": "cue-2365", "start": 13871.942, "end": 13874.764, "text": "The negotiating team's role is to figure out how to get there.", "speaker": "Candace Avalos" }, { "id": "cue-2366", "start": 13875.71, "end": 13878.279, "text": "This week proved that 2 things can work at the same time.", "speaker": "Candace Avalos" }, { "id": "cue-2367", "start": 13879.136, "end": 13880.655, "text": "We are closer than we are a week ago.", "speaker": "Candace Avalos" }, { "id": "cue-2368", "start": 13881.27, "end": 13889.392, "text": "We're not there yet, and I sincerely hope that the definitive agreements that return, that you will bring them back to me and earn my yes.", "speaker": "Candace Avalos" }, { "id": "cue-2369", "start": 13890.085, "end": 13890.714, "text": "But you have to earn it.", "speaker": "Candace Avalos" }, { "id": "cue-2370", "start": 13892.468, "end": 13893.304, "text": "Thank you, Councilor Avalos.", "speaker": "Jamie Dunphy" }, { "id": "cue-2371", "start": 13894.103, "end": 13897, "text": "Thank you, Mr. President.", "speaker": "Steve Novick" }, { "id": "cue-2372", "start": 13897.081, "end": 13903.214, "text": "I apologize for not saying this before, but Councilor Ryan, I have to respond to what you said about the 2000 Blazers in Game 7 against the Lakers.", "speaker": "Steve Novick" }, { "id": "cue-2373", "start": 13903.424, "end": 13904.62, "text": "I don't think they blew it.", "speaker": "Steve Novick" }, { "id": "cue-2374", "start": 13904.701, "end": 13905.331, "text": "They didn't choke.", "speaker": "Steve Novick" }, { "id": "cue-2375", "start": 13905.444, "end": 13906.769, "text": "It wasn't like there were lots of turnovers.", "speaker": "Steve Novick" }, { "id": "cue-2376", "start": 13907.109, "end": 13908.466, "text": "The shots just didn't fall.", "speaker": "Steve Novick" }, { "id": "cue-2377", "start": 13908.724, "end": 13909.193, "text": "That happens.", "speaker": "Steve Novick" }, { "id": "cue-2378", "start": 13911.649, "end": 13912.477, "text": "Thank you, Councilor Novick.", "speaker": "Jamie Dunphy" }, { "id": "cue-2379", "start": 13913.467, "end": 13913.954, "text": "Councilor Smith.", "speaker": "Jamie Dunphy" }, { "id": "cue-2380", "start": 13919.086, "end": 13920.272, "text": "Thank you, Council President.", "speaker": "Loretta Smith" }, { "id": "cue-2381", "start": 13921.17, "end": 13929.092, "text": "And I'm a— my name is Loretta Smith, and I'm a District 1 city councilor which serves East Portland.", "speaker": "Loretta Smith" }, { "id": "cue-2382", "start": 13929.91, "end": 13941.279, "text": "And I'm here to express that I have strong support for the proposed renovation of the Moda Center and the surrounding Rose Quarter, along with the 20-year lease agreement with the Portland Trail Blazers.", "speaker": "Loretta Smith" }, { "id": "cue-2383", "start": 13942.417, "end": 13949.297, "text": "And I believe that the Moda Center has been the heartbeat of Portland's sports and entertainment scene for nearly 3 decades.", "speaker": "Loretta Smith" }, { "id": "cue-2384", "start": 13950.371, "end": 13955.31, "text": "This proposal represents more than just a renovation of a building.", "speaker": "Loretta Smith" }, { "id": "cue-2385", "start": 13956.128, "end": 13962.286, "text": "It is a critical investment in the future of our city, our economy, and our community identity.", "speaker": "Loretta Smith" }, { "id": "cue-2386", "start": 13963.585, "end": 13967.738, "text": "And the economic impact of the Moda Center cannot be overstated.", "speaker": "Loretta Smith" }, { "id": "cue-2387", "start": 13968.476, "end": 13976.306, "text": "As a premier destination for sports, concerts, and events, It draws millions of visitors to our city each year.", "speaker": "Loretta Smith" }, { "id": "cue-2388", "start": 13977.397, "end": 13986.469, "text": "These visitors support our local hotels, restaurants, small businesses, particularly in the central city and the Lloyd Center District.", "speaker": "Loretta Smith" }, { "id": "cue-2389", "start": 13987.898, "end": 13998.191, "text": "A modernization Moda Center will do a couple of things: secure long-term revenue, ensuring the Trail Blazers remain in the Portland area.", "speaker": "Loretta Smith" }, { "id": "cue-2390", "start": 13998.816, "end": 14006.29, "text": "It guarantees decades of tax revenue and economic activity that would not otherwise be lost.", "speaker": "Loretta Smith" }, { "id": "cue-2391", "start": 14007.075, "end": 14007.621, "text": "Job growth.", "speaker": "Loretta Smith" }, { "id": "cue-2392", "start": 14008.438, "end": 14022.134, "text": "The renovation project itself will create hundreds of family-wage construction jobs, while a revitalized Rose Quarter will support thousands of permanent positions in hospitality, management, and service sectors.", "speaker": "Loretta Smith" }, { "id": "cue-2393", "start": 14023.513, "end": 14024.507, "text": "Boost tourism.", "speaker": "Candace Avalos" }, { "id": "cue-2394", "start": 14025.055, "end": 14036.892, "text": "By upgrading the facility to modern standards, we remain competitive in attracting top-tier national tours and sporting events that bring out, out-of-state dollars in our local community.", "speaker": "Loretta Smith" }, { "id": "cue-2395", "start": 14038.767, "end": 14053.288, "text": "For generations of Oregonians, the Moda Center and the Rose Garden before it has been the site of our most cherished memories, and I want to create additional memories.", "speaker": "Loretta Smith" }, { "id": "cue-2396", "start": 14053.467, "end": 14063.093, "text": "Investing in the existing infrastructure of the Moda Center is a sustainable choice by modern— modernizing a centrally located facility.", "speaker": "Loretta Smith" }, { "id": "cue-2397", "start": 14064.014, "end": 14068.264, "text": "This agreement is a balanced and necessary step forward.", "speaker": "Loretta Smith" }, { "id": "cue-2398", "start": 14068.944, "end": 14081.437, "text": "It protects the city's interests, secures our professional sports future, and it provides the spark needed for the next chapter of Portland's downtown recovery.", "speaker": "Loretta Smith" }, { "id": "cue-2399", "start": 14082.417, "end": 14098.65, "text": "We urge from District 1, Councilor Loretta Smith's office, to support— we want the council to support this term sheet and move forward with the vision of a rejuvenated Moda Center that will serve our community for another 20 years and beyond.", "speaker": "Loretta Smith" }, { "id": "cue-2400", "start": 14099.597, "end": 14108.398, "text": "Thank you all for really Thank you, Councilor Smith.", "speaker": "Loretta Smith" }, { "id": "cue-2401", "start": 14109.075, "end": 14109.687, "text": "Councilor Zimmerman.", "speaker": "Jamie Dunphy" }, { "id": "cue-2402", "start": 14110.429, "end": 14111.993, "text": "Thank you, Mr. President.", "speaker": "Eric Zimmerman" }, { "id": "cue-2403", "start": 14113.95, "end": 14119.316, "text": "I, um, I'm glad we're getting toward the end here in terms of this, the long deliberation.", "speaker": "Eric Zimmerman" }, { "id": "cue-2404", "start": 14119.589, "end": 14123.917, "text": "I do want to just start with, uh, respect that there are different positions on this.", "speaker": "Eric Zimmerman" }, { "id": "cue-2405", "start": 14124.032, "end": 14127.768, "text": "I know that some folks won't be able to vote no today, and I think that that's okay.", "speaker": "Eric Zimmerman" }, { "id": "cue-2406", "start": 14128.777, "end": 14137.949, "text": "I do want to talk about why I'm going to vote yes and why I think this is the right thing for the community, not just for Portland, but actually statewide.", "speaker": "Eric Zimmerman" }, { "id": "cue-2407", "start": 14137.997, "end": 14144.603, "text": "I think that we all benefit to a future with an NBA team here in Portland.", "speaker": "Eric Zimmerman" }, { "id": "cue-2408", "start": 14145.372, "end": 14151.529, "text": "You know, when I think about the $670 million every single year in returned economic activity, that's one of my reasons.", "speaker": "Eric Zimmerman" }, { "id": "cue-2409", "start": 14151.722, "end": 14156.179, "text": "When I think about the thousands of jobs that are directly connected to the Moda Center, that's one of my reasons.", "speaker": "Eric Zimmerman" }, { "id": "cue-2410", "start": 14157.078, "end": 14187.382, "text": "When I think about the fact that the Blazers occupy the building for 41 days a year and there are another 320 who are up for grabs, and the fact that Portland currently only gets just about 200 nights a year used, meaning it's time for us to stop being a flyover city for concerts, shows, events from Seattle to San Francisco because the Moda Center is no longer capable of putting shows on of a certain caliber to get us up closer to 300 nights a year.", "speaker": "Eric Zimmerman" }, { "id": "cue-2411", "start": 14187.591, "end": 14188.6, "text": "That's one of my reasons.", "speaker": "Eric Zimmerman" }, { "id": "cue-2412", "start": 14189.113, "end": 14200.683, "text": "So when I think about those things and $670 million with the most out-of-date stadium in the league, I think about the potential for how we grow past that $670 million.", "speaker": "Eric Zimmerman" }, { "id": "cue-2413", "start": 14200.731, "end": 14203.135, "text": "How do we get higher than $670 million?", "speaker": "Eric Zimmerman" }, { "id": "cue-2414", "start": 14203.6, "end": 14210.244, "text": "Olivia Clark and I this morning, we were at the East Portland Chamber of Commerce Not even really our district, maybe a couple.", "speaker": "Eric Zimmerman" }, { "id": "cue-2415", "start": 14212.051, "end": 14220.843, "text": "But boy, we had a wonderful conversation, and one member, one person said, \"I don't really go to the Blazers.", "speaker": "Eric Zimmerman" }, { "id": "cue-2416", "start": 14221.037, "end": 14229.917, "text": "I have a tiny little business over here, but I, as a business member, I in East Portland, I rely on that kind of economic hub.\" And I thought that was really interesting.", "speaker": "Eric Zimmerman" }, { "id": "cue-2417", "start": 14230.667, "end": 14231.71, "text": "That kind of trickle.", "speaker": "Eric Zimmerman" }, { "id": "cue-2418", "start": 14233.016, "end": 14238.053, "text": "Support across the community from East Portland, North Portland, Southwest Portland.", "speaker": "Eric Zimmerman" }, { "id": "cue-2419", "start": 14238.967, "end": 14239.946, "text": "There's an identity here.", "speaker": "Eric Zimmerman" }, { "id": "cue-2420", "start": 14240.026, "end": 14246.315, "text": "So I'm okay with the no votes, but I do want to make sure that there are folks that understand that I'm one of the cheerleaders.", "speaker": "Eric Zimmerman" }, { "id": "cue-2421", "start": 14246.443, "end": 14247.502, "text": "I'm one of the yes votes.", "speaker": "Eric Zimmerman" }, { "id": "cue-2422", "start": 14247.967, "end": 14253.486, "text": "I'm not a Blazer dancer, but I am as into the Blazers, as into this deal as we can be.", "speaker": "Eric Zimmerman" }, { "id": "cue-2423", "start": 14253.951, "end": 14256.197, "text": "I look at this and I want to be really careful, right?", "speaker": "Eric Zimmerman" }, { "id": "cue-2424", "start": 14256.294, "end": 14265.454, "text": "I think that unfortunately the way that things have been covered a little bit is that some reason I think some of the news stations and others are are putting this as a final document.", "speaker": "Eric Zimmerman" }, { "id": "cue-2425", "start": 14266.096, "end": 14267.845, "text": "In fact, this is a first document.", "speaker": "Eric Zimmerman" }, { "id": "cue-2426", "start": 14268.342, "end": 14277.182, "text": "Some coverage of this is all about amendments that couldn't pass, but this is about a document that has, I think, majority support, and that's a good foot forward.", "speaker": "Eric Zimmerman" }, { "id": "cue-2427", "start": 14278.193, "end": 14280.808, "text": "So it's time for Portland to have some more wins.", "speaker": "Eric Zimmerman" }, { "id": "cue-2428", "start": 14281.017, "end": 14283.054, "text": "It's time for Portland to have some more cheerleaders.", "speaker": "Eric Zimmerman" }, { "id": "cue-2429", "start": 14283.231, "end": 14284.98, "text": "We've had a rough 6 years.", "speaker": "Eric Zimmerman" }, { "id": "cue-2430", "start": 14285.236, "end": 14288.108, "text": "I am so ready to have a good next 6 years.", "speaker": "Eric Zimmerman" }, { "id": "cue-2431", "start": 14288.156, "end": 14288.381, "text": "Thank you.", "speaker": "Candace Avalos" }, { "id": "cue-2432", "start": 14289.022, "end": 14293.91, "text": "And so I look forward to the best deal that our negotiating team can bring forward.", "speaker": "Eric Zimmerman" }, { "id": "cue-2433", "start": 14293.974, "end": 14306.842, "text": "That has been my goal through this entire process, is that we put a good foot forward that makes us a serious contender, a serious party at a serious table in the eyes of the NBA, so that this choice is clear.", "speaker": "Eric Zimmerman" }, { "id": "cue-2434", "start": 14307.275, "end": 14309.198, "text": "Portland is in it for this market.", "speaker": "Eric Zimmerman" }, { "id": "cue-2435", "start": 14309.63, "end": 14314.439, "text": "I want to definitely thank Governor Kotek, Senate President Thank you.", "speaker": "Eric Zimmerman" }, { "id": "cue-2436", "start": 14314.535, "end": 14320.478, "text": "Council President Wagner, Senator Kate Lieber, their leadership at Salem helped this happen.", "speaker": "Eric Zimmerman" }, { "id": "cue-2437", "start": 14321.008, "end": 14322.165, "text": "It was valuable.", "speaker": "Eric Zimmerman" }, { "id": "cue-2438", "start": 14322.518, "end": 14352.133, "text": "I appreciated your partnerships, and I cannot imagine Portland's rough few economic years— and hoping that this chapter is about to turn the page on this poor economic— these poor economic years— I can't imagine adding a few more pages to this long, dark so I think losing the Blazers, I think having to mothball the Moda Center, I think having to say we have an old outdated thing that nobody— that we have no anchor tenant in would be a problem.", "speaker": "Eric Zimmerman" }, { "id": "cue-2439", "start": 14352.567, "end": 14354.414, "text": "We are the headquarters for women's sports.", "speaker": "Eric Zimmerman" }, { "id": "cue-2440", "start": 14354.494, "end": 14355.698, "text": "The Portland Fire is here.", "speaker": "Eric Zimmerman" }, { "id": "cue-2441", "start": 14356.18, "end": 14357.577, "text": "The Blazers need to stay here.", "speaker": "Eric Zimmerman" }, { "id": "cue-2442", "start": 14358.09, "end": 14362.04, "text": "Portland has some of the strongest, most dedicated, crazy fans out there.", "speaker": "Eric Zimmerman" }, { "id": "cue-2443", "start": 14362.442, "end": 14367.516, "text": "And I will also say, I know there's a lot of rhetoric out there about— I hear from, or I'm hearing that the Blazers are not a good fit for Portland.", "speaker": "Eric Zimmerman" }, { "id": "cue-2444", "start": 14367.564, "end": 14368.094, "text": "I think that's a misnomer.", "speaker": "Eric Zimmerman" }, { "id": "cue-2445", "start": 14368.142, "end": 14369.352, "text": "People don't have trust in this.", "speaker": "Eric Zimmerman" }, { "id": "cue-2446", "start": 14369.594, "end": 14373.385, "text": "I just want to talk about my experience where I'm at in this world and in this city.", "speaker": "Eric Zimmerman" }, { "id": "cue-2447", "start": 14374.256, "end": 14379.563, "text": "I have had more conversations with people who have come up to me and be like, you cannot lose this team.", "speaker": "Eric Zimmerman" }, { "id": "cue-2448", "start": 14380.079, "end": 14381.418, "text": "You cannot lose these Blazers.", "speaker": "Eric Zimmerman" }, { "id": "cue-2449", "start": 14381.999, "end": 14383.58, "text": "What are you going to do to make this happen?", "speaker": "Eric Zimmerman" }, { "id": "cue-2450", "start": 14383.628, "end": 14385.047, "text": "And I've said, I think we're going to get it.", "speaker": "Eric Zimmerman" }, { "id": "cue-2451", "start": 14385.802, "end": 14386.71, "text": "I think we're going to be there.", "speaker": "Eric Zimmerman" }, { "id": "cue-2452", "start": 14387.197, "end": 14394.446, "text": "And so I say that because there has been a very robust argument, and that has been healthy.", "speaker": "Eric Zimmerman" }, { "id": "cue-2453", "start": 14394.495, "end": 14394.608, "text": "Thank you.", "speaker": "Candace Avalos" }, { "id": "cue-2454", "start": 14395.533, "end": 14400.056, "text": "But it doesn't speak for the grand majority of where the city is at.", "speaker": "Eric Zimmerman" }, { "id": "cue-2455", "start": 14400.184, "end": 14405.444, "text": "And I do hope, colleagues, that we pass this today because the job isn't done.", "speaker": "Eric Zimmerman" }, { "id": "cue-2456", "start": 14405.62, "end": 14419.075, "text": "We, of course, eventually have to get to a deal, but our job today is to put our best foot forward and to make sure that the league and the owners and everybody knows that we are at the table to be a serious partner and keep this team for 20 years.", "speaker": "Eric Zimmerman" }, { "id": "cue-2457", "start": 14419.332, "end": 14420.551, "text": "I want to be an old guy.", "speaker": "Eric Zimmerman" }, { "id": "cue-2458", "start": 14420.631, "end": 14420.855, "text": "Thank you.", "speaker": "Raymond C. Lee" }, { "id": "cue-2459", "start": 14421.176, "end": 14432.609, "text": "Looking at the next city council who has to decide what is the future of the entire Rose Arena area when this garden is dead and gone and it's someone else's problem.", "speaker": "Eric Zimmerman" }, { "id": "cue-2460", "start": 14432.673, "end": 14435.29, "text": "But for now, this is our home for the next 20 years.", "speaker": "Eric Zimmerman" }, { "id": "cue-2461", "start": 14435.467, "end": 14436.254, "text": "Let's invest in it.", "speaker": "Eric Zimmerman" }, { "id": "cue-2462", "start": 14436.527, "end": 14441.296, "text": "Let's use the funds appropriately and let's entice this team to stay with us because we want to stay with them.", "speaker": "Eric Zimmerman" }, { "id": "cue-2463", "start": 14441.504, "end": 14442.387, "text": "Thanks, Council President.", "speaker": "Eric Zimmerman" }, { "id": "cue-2464", "start": 14442.628, "end": 14443.511, "text": "Thank you, Councilor Zimmerman.", "speaker": "Jamie Dunphy" }, { "id": "cue-2465", "start": 14443.977, "end": 14444.844, "text": "Councilor Koyama Lane.", "speaker": "Jamie Dunphy" }, { "id": "cue-2466", "start": 14445.92, "end": 14447.333, "text": "Okay, bear with me, colleagues.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2467", "start": 14447.445, "end": 14449.099, "text": "I just have a couple amendments.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2468", "start": 14449.896, "end": 14450.267, "text": "Just kidding.", "speaker": "Keelan McClymont" }, { "id": "cue-2469", "start": 14451.991, "end": 14454.957, "text": "I know all 11 of you would lose it on me.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2470", "start": 14455.133, "end": 14456.917, "text": "That was genuine.", "speaker": "Candace Avalos" }, { "id": "cue-2471", "start": 14456.982, "end": 14458.508, "text": "Okay, finally a real joke.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2472", "start": 14460.019, "end": 14467.153, "text": "Um, I do want to start by thanking everyone who has put in a lot of work and time on this.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2473", "start": 14467.767, "end": 14475.26, "text": "My colleagues, our staff— our staff, let's be honest, they do a lot of the work— uh, the negotiation team, Thank you.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2474", "start": 14475.372, "end": 14476.384, "text": "Our city staff.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2475", "start": 14477.765, "end": 14487.945, "text": "And above all, thank you to the public, to the advocates who are here today, who are watching online, who keep showing up again and again.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2476", "start": 14488.362, "end": 14490.594, "text": "I read every single one of your emails.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2477", "start": 14491.349, "end": 14493.854, "text": "This is a long and difficult process.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2478", "start": 14495.026, "end": 14510.155, "text": "And, you know, we just talked earlier about how an ideal relationship between our body and the administrative side is one where we can share our expectations and they're heard and we don't necessarily have to have them written down.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2479", "start": 14510.748, "end": 14515.334, "text": "And so I'd like to repeat what I had said last week and said earlier.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2480", "start": 14515.511, "end": 14517.146, "text": "I see this as a trust exercise.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2481", "start": 14517.259, "end": 14526.976, "text": "I'm trying to say on the record, I did not bring this as an amendment about, you know, I think we need to hear on the record what are the next steps after today.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2482", "start": 14527.056, "end": 14527.361, "text": "Thank you.", "speaker": "Keelan McClymont" }, { "id": "cue-2483", "start": 14528.308, "end": 14536.37, "text": "And so I gave Council President and Donnie Oliveira a heads up that I would ask a couple questions and ask for these answers to be on the record.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2484", "start": 14536.691, "end": 14540.85, "text": "My first one is, what can Portlanders expect after today?", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2485", "start": 14541.958, "end": 14546.744, "text": "How can Portlanders expect to get negotiation updates?", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2486", "start": 14546.792, "end": 14551.85, "text": "Because what I really hope is not the case now is that all of this is just— none of it's in the public eye.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2487", "start": 14552.413, "end": 14554.709, "text": "Because not only is transparency the right thing to do, Right.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2488", "start": 14555.287, "end": 14557.825, "text": "Or, you know, without it, we're going to erode public trust.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2489", "start": 14557.873, "end": 14566.643, "text": "But also, and I hope our negotiation team hears this, I think the strength of our Portlanders is our biggest leverage in negotiating this deal.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2490", "start": 14566.932, "end": 14578.786, "text": "And the public opinion and public pressure and engagement is our best leverage for making sure we get a really good deal for Portlanders, to make sure that we have strong labor protections, to make sure that, that this is a good deal.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2491", "start": 14579.075, "end": 14582.224, "text": "So I think it's in our strategic best interest to be as transparent as possible.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2492", "start": 14582.352, "end": 14590.443, "text": "Can you share thank you for the question, councilor.", "speaker": "Donnie Oliveira" }, { "id": "cue-2493", "start": 14590.588, "end": 14591.702, "text": "Donnie Oliveira, for the record.", "speaker": "Donnie Oliveira" }, { "id": "cue-2494", "start": 14592.8, "end": 14601.977, "text": "So I'll start by saying this with a significant caveat that the Joint Authority and the membership of that body will have an oversight role of a lot of the details related to the renovation.", "speaker": "Donnie Oliveira" }, { "id": "cue-2495", "start": 14602.187, "end": 14604.92, "text": "So just acknowledging that they're going to have a functional role in this.", "speaker": "Donnie Oliveira" }, { "id": "cue-2496", "start": 14605.713, "end": 14617.371, "text": "But I think what's a fair and reasonable expectation for the next 4 months as we sprint towards December would be that, as the council president alluded to, a couple of work sessions that we have can daylight where we're at in the process.", "speaker": "Donnie Oliveira" }, { "id": "cue-2497", "start": 14618.302, "end": 14634.568, "text": "But on a more positive note, and I hope we can get there with the Blazers, and there's a lot of, there's a lot of hopes doing a heavy lift right there in this comment, that we'd be able to share with you all, the public, the, the renderings, the ideas behind the renovation, kind of do a more detailed analysis of what we can expect.", "speaker": "Donnie Oliveira" }, { "id": "cue-2498", "start": 14634.761, "end": 14635.323, "text": "Okay.", "speaker": "Steve Novick" }, { "id": "cue-2499", "start": 14635.548, "end": 14650.708, "text": "Under normal considerations and circumstances, That would be a part of this deal where we would be walking through with you all and the public the really cool features that the new arena will have, the amenities, but more functionally how the arena is going to work for the community.", "speaker": "Donnie Oliveira" }, { "id": "cue-2500", "start": 14651.688, "end": 14652.475, "text": "That's our expectation.", "speaker": "Donnie Oliveira" }, { "id": "cue-2501", "start": 14652.748, "end": 14653.904, "text": "We'll continue to push for that.", "speaker": "Donnie Oliveira" }, { "id": "cue-2502", "start": 14654.338, "end": 14664.039, "text": "And it's pretty normal under these normal arena-type deals to have the team work with us to share information to the public about what the public's getting for their dollars.", "speaker": "Donnie Oliveira" }, { "id": "cue-2503", "start": 14664.087, "end": 14664.215, "text": "Thank you.", "speaker": "Dan Ryan" }, { "id": "cue-2504", "start": 14665.21, "end": 14671.02, "text": "So we have some dates already scheduled tentatively for work sessions, and hopefully with the Blazers at the table, we'll be able to schedule those.", "speaker": "Donnie Oliveira" }, { "id": "cue-2505", "start": 14671.678, "end": 14672.85, "text": "I'm using the word design charrette.", "speaker": "Donnie Oliveira" }, { "id": "cue-2506", "start": 14672.898, "end": 14677.328, "text": "That's more of a planning speak, but opportunities for the community to see what comes to the table.", "speaker": "Donnie Oliveira" }, { "id": "cue-2507", "start": 14677.777, "end": 14688.338, "text": "As far as the specifics of the negotiations, we'll work with the joint authority on briefings back to you all publicly, and we'll continue to have executive sessions where we can share details about where things are at.", "speaker": "Donnie Oliveira" }, { "id": "cue-2508", "start": 14688.707, "end": 14690.135, "text": "As you can imagine, they'll be very fluid.", "speaker": "Donnie Oliveira" }, { "id": "cue-2509", "start": 14692.185, "end": 14699.979, "text": "And if I could jump in and add, I've been working with the Bureau of Technology Services and the administration on updating the city's website on the future of the Moda Center.", "speaker": "Jamie Dunphy" }, { "id": "cue-2510", "start": 14700.028, "end": 14701.394, "text": "The website is portland.gov/venues/moda-center.", "speaker": "Jamie Dunphy" }, { "id": "cue-2511", "start": 14705.44, "end": 14714.801, "text": "This is a place that we will continue to update with any concrete information, including materials from work sessions and future things that we have to try and keep the public as going as long as possible.", "speaker": "Jamie Dunphy" }, { "id": "cue-2512", "start": 14714.883, "end": 14715.795, "text": "And I will do my best to keep you updated on that.", "speaker": "Jamie Dunphy" }, { "id": "cue-2513", "start": 14715.861, "end": 14716.01, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-2514", "start": 14716.18, "end": 14721.154, "text": "I will do my best to keep councilors and the public informed of every step that anything that lands on my desk.", "speaker": "Jamie Dunphy" }, { "id": "cue-2515", "start": 14725.373, "end": 14725.729, "text": "Thank you.", "speaker": "Keelan McClymont" }, { "id": "cue-2516", "start": 14727.637, "end": 14729.772, "text": "This is going to come back before us.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2517", "start": 14729.982, "end": 14735.76, "text": "I am not sure if we know the exact date, but it'll either be December, sounds like 9th, 10th, 16th, 17th.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2518", "start": 14736.453, "end": 14756.161, "text": "Can I get— can the public get a commitment from Council President, from the mayor, from Mr. Oliveira Do you feel comfortable saying that you will try to come back to us within— give us at least 30 days and to review what you're going to ask us to vote on so we can make sure that we're doing our due diligence?", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2519", "start": 14756.546, "end": 14760.696, "text": "I have— I do understand that oftentimes negotiations led up to a certain deadline.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2520", "start": 14760.808, "end": 14761.754, "text": "That's also a tactic.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2521", "start": 14761.834, "end": 14762.988, "text": "I've been part of negotiations.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2522", "start": 14763.276, "end": 14766.85, "text": "You can also say there's a different deadline and it's 30 days before we have to vote on it.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2523", "start": 14767.699, "end": 14769.029, "text": "Can you explain your intentions?", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2524", "start": 14769.093, "end": 14769.317, "text": "Thank you.", "speaker": "Olivia Clark" }, { "id": "cue-2525", "start": 14770.584, "end": 14772.875, "text": "And if you can commit to trying to do that.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2526", "start": 14774.45, "end": 14779.169, "text": "For our part, Councilor, absolutely we can commit to doing that with, with a couple of just acknowledgments.", "speaker": "Donnie Oliveira" }, { "id": "cue-2527", "start": 14779.54, "end": 14784.547, "text": "Um, the county still took— they took significant action last week, which we really appreciate.", "speaker": "Donnie Oliveira" }, { "id": "cue-2528", "start": 14785.093, "end": 14789.868, "text": "They're going to have to come back to finalize their financing plan, so they're asking for similar timelines.", "speaker": "Donnie Oliveira" }, { "id": "cue-2529", "start": 14789.916, "end": 14795.648, "text": "So everybody's asking, which I think is reasonable, uh, enough time to review these documents before taking final votes.", "speaker": "Donnie Oliveira" }, { "id": "cue-2530", "start": 14796.233, "end": 14807.756, "text": "I will just also acknowledge that something we've been thinking about independent of, of this is the timeline to go from today to definitive documents is, is really challenging.", "speaker": "Donnie Oliveira" }, { "id": "cue-2531", "start": 14808.189, "end": 14813.133, "text": "And that's assuming, by the way, that we have an active partner working with us to get things to the finish line.", "speaker": "Donnie Oliveira" }, { "id": "cue-2532", "start": 14814.063, "end": 14817.305, "text": "If we have a lot of resistance still, we're just going to be pushing up against it.", "speaker": "Donnie Oliveira" }, { "id": "cue-2533", "start": 14817.883, "end": 14836.282, "text": "But to your, your point and to your, um, your request, it would be To the benefit of everybody to have definitive documents in your, you know, even if they're 80%, I mean, something to use you can start reviewing because it's going to be a lot of documentation, multiple agreements, everything from the lease agreement to the relocation agreement.", "speaker": "Donnie Oliveira" }, { "id": "cue-2534", "start": 14836.603, "end": 14840.537, "text": "We're talking about development rights, um, a lot of, a lot to review.", "speaker": "Donnie Oliveira" }, { "id": "cue-2535", "start": 14840.714, "end": 14845.804, "text": "So yes, the sooner we can get in front of your eyes that you can start reading to get up to speed, the better for everybody.", "speaker": "Donnie Oliveira" }, { "id": "cue-2536", "start": 14848.328, "end": 14864.82, "text": "And I will say that I will not rush anything to this council that if we do not have adequate information in a timely manner, I will not— even recognizing that we are running out of council sessions between the end of the calendar year, I will not rush something simply because of the deadline.", "speaker": "Jamie Dunphy" }, { "id": "cue-2537", "start": 14864.869, "end": 14867.445, "text": "I will not be coming to you with a request for a 9/12 situm.", "speaker": "Jamie Dunphy" }, { "id": "cue-2538", "start": 14867.767, "end": 14868.796, "text": "I will not be doing that.", "speaker": "Jamie Dunphy" }, { "id": "cue-2539", "start": 14869.664, "end": 14871.964, "text": "I will do what we can for regular order and process.", "speaker": "Jamie Dunphy" }, { "id": "cue-2540", "start": 14872.028, "end": 14873.829, "text": "But we have limits for the state bonding.", "speaker": "Angelita Morillo" }, { "id": "cue-2541", "start": 14875.243, "end": 14881.539, "text": "So the idea that there isn't a deadline is not true, which is why the amendment should have passed.", "speaker": "Angelita Morillo" }, { "id": "cue-2542", "start": 14884.349, "end": 14885.026, "text": "So—.", "speaker": "Keelan McClymont" }, { "id": "cue-2543", "start": 14885.172, "end": 14893.983, "text": "So because I do respect the work that has gone into improving this term sheet, it's in a much better place than it was when I first saw it.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2544", "start": 14894.34, "end": 14906.7, "text": "And because I respect Council President's leadership throughout this very hard process, I do feel like I owe the process and my constituents my honesty and a clear explanation about where I stand.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2545", "start": 14907.61, "end": 14908.944, "text": "My colleagues won't be surprised.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2546", "start": 14909.009, "end": 14911.775, "text": "I've been very consistent about what I need to see in this deal.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2547", "start": 14912.531, "end": 14916.922, "text": "I don't think it's fair to the people who elected me or to this process to move away from that now.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2548", "start": 14918.466, "end": 14925.897, "text": "And so at this point, I cannot support this term sheet without a firm commitment of funds from Mr. Dundon and his team as part of the capital stack.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2549", "start": 14926.778, "end": 14930.303, "text": "As it stands, we don't know if ownership will contribute.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2550", "start": 14930.656, "end": 14931.569, "text": "If so, how much?", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2551", "start": 14931.906, "end": 14936.858, "text": "And so voting on a term sheet with that kind of open question isn't something that I can do in good faith.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2552", "start": 14937.755, "end": 14945.159, "text": "And at the same time, I see the hours and hours that have gone into this, the late nights, the back and forth, the arguments, the uncomfortable conversations.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2553", "start": 14945.287, "end": 14950.863, "text": "And there's been a lot of effort to look for places where there has been some common ground, and I do respect that work.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2554", "start": 14951.216, "end": 14951.73, "text": "Full stop.", "speaker": "Angelita Morillo" }, { "id": "cue-2555", "start": 14952.854, "end": 14962.184, "text": "So to be very clear, this sheet has improved greatly, and I suspect that many of my colleagues who I have respect for will vote for this.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2556", "start": 14963.099, "end": 14969.474, "text": "I don't think that their yes vote today, if that happens, means that they care about their constituents any less than I do.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2557", "start": 14970.582, "end": 14975.688, "text": "I hold the belief that I can vote differently from some of my colleagues on this topic, and honestly, on other topics.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2558", "start": 14976.121, "end": 14978.867, "text": "We can debate things and disagree, and I can still hold respect for you.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2559", "start": 14979.638, "end": 14983.652, "text": "My vote is about where the term sheet is right now, what it actually commits to.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2560", "start": 14984.937, "end": 14986.799, "text": "On paper, it's a starting point.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2561", "start": 14987.104, "end": 14999.131, "text": "If a version of this agreement returns to the body at least 30 days in advance of the final vote, and there's a clear commitment from the owner's side to add to the capital stack, I would be interested in reconsidering my support.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2562", "start": 14999.468, "end": 15001.411, "text": "But I want to explain why I'm voting no today.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2563", "start": 15001.716, "end": 15002.037, "text": "Thank you.", "speaker": "Keelan McClymont" }, { "id": "cue-2564", "start": 15002.518, "end": 15003.626, "text": "Thank you, Councilor Koyama Lane.", "speaker": "Jamie Dunphy" }, { "id": "cue-2565", "start": 15007.164, "end": 15008.149, "text": "Thank you, Council President.", "speaker": "Dan Ryan" }, { "id": "cue-2566", "start": 15009.182, "end": 15013.365, "text": "I said a lot earlier, so I'll be brief, and it's well past lunchtime.", "speaker": "Dan Ryan" }, { "id": "cue-2567", "start": 15014.43, "end": 15018.889, "text": "Um, that was funny earlier, what you did, Councilor Koyama Lane, scared me.", "speaker": "Dan Ryan" }, { "id": "cue-2568", "start": 15019.598, "end": 15025.548, "text": "Um, you know, the Portland Trail Blazers, I think you all know, have been our only major league franchise.", "speaker": "Dan Ryan" }, { "id": "cue-2569", "start": 15025.677, "end": 15027.653, "text": "I mean, define major league by Google.", "speaker": "Dan Ryan" }, { "id": "cue-2570", "start": 15028.074, "end": 15031.852, "text": "Um, NBA, NFL, MLB, NHL.", "speaker": "Dan Ryan" }, { "id": "cue-2571", "start": 15032.479, "end": 15035.66, "text": "That was football, baseball, hockey since 1970.", "speaker": "Dan Ryan" }, { "id": "cue-2572", "start": 15036.334, "end": 15038.15, "text": "That's 56 years.", "speaker": "Dan Ryan" }, { "id": "cue-2573", "start": 15039.146, "end": 15039.178, "text": "Wow.", "speaker": "Olivia Clark" }, { "id": "cue-2574", "start": 15040.271, "end": 15046.183, "text": "In a private conversation, I'll have a dialogue with Councilor Novick about the vast differences between Seattle and Portland.", "speaker": "Dan Ryan" }, { "id": "cue-2575", "start": 15047.645, "end": 15049.412, "text": "They have, they have 3 and they're going to get a 4th.", "speaker": "Dan Ryan" }, { "id": "cue-2576", "start": 15050.473, "end": 15052.979, "text": "They have, um, 10 Fortune 500 companies.", "speaker": "Dan Ryan" }, { "id": "cue-2577", "start": 15053.043, "end": 15053.574, "text": "We have 1.", "speaker": "Dan Ryan" }, { "id": "cue-2578", "start": 15054.971, "end": 15056.851, "text": "But we are in the middle of the pack, like you said.", "speaker": "Dan Ryan" }, { "id": "cue-2579", "start": 15056.98, "end": 15057.076, "text": "Why?", "speaker": "Dan Ryan" }, { "id": "cue-2580", "start": 15058.134, "end": 15064.87, "text": "Because of our passionate fan base, that same fan base that keeps stopping me everywhere I'm walking, unless I'm in City Hall, of course.", "speaker": "Dan Ryan" }, { "id": "cue-2581", "start": 15065.466, "end": 15070.106, "text": "But when I'm walking around town, they're just coming out of the woodwork like, you got to get this done.", "speaker": "Dan Ryan" }, { "id": "cue-2582", "start": 15071.91, "end": 15077.578, "text": "Today we are guiding the negotiating team with guidelines that allows us to win.", "speaker": "Dan Ryan" }, { "id": "cue-2583", "start": 15079.39, "end": 15082.81, "text": "The state, the county, and the city are aligned with passing this today.", "speaker": "Dan Ryan" }, { "id": "cue-2584", "start": 15082.876, "end": 15082.974, "text": "Thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-2585", "start": 15084.271, "end": 15086.833, "text": "It's really time for these negotiations to begin.", "speaker": "Dan Ryan" }, { "id": "cue-2586", "start": 15089.541, "end": 15090.889, "text": "Tom Dundon, you bought a team.", "speaker": "Dan Ryan" }, { "id": "cue-2587", "start": 15091.327, "end": 15094.3, "text": "It's located in Portland, Oregon.", "speaker": "Dan Ryan" }, { "id": "cue-2588", "start": 15095.686, "end": 15105.679, "text": "It's time to take that seriously and show up because we need jobs, jobs, jobs.", "speaker": "Dan Ryan" }, { "id": "cue-2589", "start": 15106.834, "end": 15109.338, "text": "We need to take Macroeconomics 101 seriously.", "speaker": "Dan Ryan" }, { "id": "cue-2590", "start": 15110.415, "end": 15117.229, "text": "If we want revenue in our general fund, there's not one scenario where having the Blazers leave will help that.", "speaker": "Dan Ryan" }, { "id": "cue-2591", "start": 15117.536, "end": 15119.57, "text": "So we'll be seeing bigger deficits.", "speaker": "Dan Ryan" }, { "id": "cue-2592", "start": 15122.36, "end": 15125.531, "text": "And it's for you fans, the most loyal and passionate in the NBA.", "speaker": "Dan Ryan" }, { "id": "cue-2593", "start": 15126.243, "end": 15133.751, "text": "I'm really proud that we're going to vote— I'm going to vote yes on this today, and I think we have a majority to do that so that the negotiations can begin.", "speaker": "Dan Ryan" }, { "id": "cue-2594", "start": 15134.432, "end": 15134.691, "text": "Thanks.", "speaker": "Dan Ryan" }, { "id": "cue-2595", "start": 15135.322, "end": 15136.035, "text": "Thank you, Councilor Ryan.", "speaker": "Jamie Dunphy" }, { "id": "cue-2596", "start": 15136.468, "end": 15137.067, "text": "Councilor Knoll.", "speaker": "Jamie Dunphy" }, { "id": "cue-2597", "start": 15139.121, "end": 15140.173, "text": "Thank you, Council President.", "speaker": "Sameer Kanal" }, { "id": "cue-2598", "start": 15140.48, "end": 15141.775, "text": "Um, this is a hard vote.", "speaker": "Sameer Kanal" }, { "id": "cue-2599", "start": 15143.18, "end": 15144.776, "text": "Do I like the way that this process has gone?", "speaker": "Sameer Kanal" }, { "id": "cue-2600", "start": 15144.824, "end": 15145.05, "text": "No.", "speaker": "Sameer Kanal" }, { "id": "cue-2601", "start": 15145.55, "end": 15148.743, "text": "Do I like the way the engagement has occurred between the team and the city?", "speaker": "Sameer Kanal" }, { "id": "cue-2602", "start": 15149.178, "end": 15149.404, "text": "No.", "speaker": "Sameer Kanal" }, { "id": "cue-2603", "start": 15149.839, "end": 15150.807, "text": "Or the city and the public?", "speaker": "Sameer Kanal" }, { "id": "cue-2604", "start": 15151.424, "end": 15151.521, "text": "No.", "speaker": "Sameer Kanal" }, { "id": "cue-2605", "start": 15151.713, "end": 15154.22, "text": "Am I happy with the information I've received leading up to this vote?", "speaker": "Sameer Kanal" }, { "id": "cue-2606", "start": 15154.348, "end": 15154.927, "text": "Absolutely not.", "speaker": "Sameer Kanal" }, { "id": "cue-2607", "start": 15155.81, "end": 15175.383, "text": "On the other hand, there's been good language in this proposal for a while around labor peace, around activation, around relocation penalties, and around I've been told, not by colleagues who are engaging with this from their own perspectives, and I believe that, but by a handful of folks outside of the building, that we should vote no on this essentially out of spite for the team owner.", "speaker": "Sameer Kanal" }, { "id": "cue-2608", "start": 15176.202, "end": 15178.162, "text": "I don't build public policy around spite.", "speaker": "Sameer Kanal" }, { "id": "cue-2609", "start": 15178.227, "end": 15179.078, "text": "I base it on goals.", "speaker": "Sameer Kanal" }, { "id": "cue-2610", "start": 15179.271, "end": 15185.772, "text": "I've also been told outside that we should vote yes on this because it will send the message about Portland being open for business even if the deal isn't good.", "speaker": "Sameer Kanal" }, { "id": "cue-2611", "start": 15185.952, "end": 15187.797, "text": "I don't build public policy like that either.", "speaker": "Sameer Kanal" }, { "id": "cue-2612", "start": 15187.846, "end": 15188.058, "text": "Thank you, Mayor.", "speaker": "Sameer Kanal" }, { "id": "cue-2613", "start": 15188.266, "end": 15188.522, "text": "Either.", "speaker": "Sameer Kanal" }, { "id": "cue-2614", "start": 15189.388, "end": 15191.135, "text": "We've all been told hyperbolic things.", "speaker": "Sameer Kanal" }, { "id": "cue-2615", "start": 15192.033, "end": 15194.774, "text": "I don't think this term sheet is the best deal in sports arena history.", "speaker": "Sameer Kanal" }, { "id": "cue-2616", "start": 15194.838, "end": 15196.938, "text": "I don't think it's the worst in the history of the world either.", "speaker": "Sameer Kanal" }, { "id": "cue-2617", "start": 15197.98, "end": 15202.276, "text": "I was told by elected officials in other cities, as has been pointed out, that our deal was way better than theirs.", "speaker": "Sameer Kanal" }, { "id": "cue-2618", "start": 15202.452, "end": 15203.911, "text": "But that doesn't mean it's good.", "speaker": "Sameer Kanal" }, { "id": "cue-2619", "start": 15204.007, "end": 15205.882, "text": "It just means that it might be less bad.", "speaker": "Sameer Kanal" }, { "id": "cue-2620", "start": 15206.956, "end": 15217.521, "text": "Perhaps most hyperbolic was the comment earlier today that Portland's negotiated terms stand out as an incredible deal, incredibly responsible, and protective document of the public trust, end quote.", "speaker": "Sameer Kanal" }, { "id": "cue-2621", "start": 15218.195, "end": 15219.606, "text": "No part of that is true.", "speaker": "Sameer Kanal" }, { "id": "cue-2622", "start": 15219.959, "end": 15221.226, "text": "It's not an incredible deal.", "speaker": "Sameer Kanal" }, { "id": "cue-2623", "start": 15221.274, "end": 15222.717, "text": "It's not responsible and protective.", "speaker": "Sameer Kanal" }, { "id": "cue-2624", "start": 15222.974, "end": 15225.363, "text": "I don't think anyone here thinks it's good for public trust.", "speaker": "Sameer Kanal" }, { "id": "cue-2625", "start": 15225.716, "end": 15229.565, "text": "Most of all, it's not even negotiated terms, at least not yet.", "speaker": "Sameer Kanal" }, { "id": "cue-2626", "start": 15230.351, "end": 15235.258, "text": "So I've been going back and forth on this as has gone forward, as the amendments have gone forward last week and today.", "speaker": "Sameer Kanal" }, { "id": "cue-2627", "start": 15236.3, "end": 15248.193, "text": "Because of the amendments that came forward with Council President Dunphy, Councilor Ryan, Councilor Pirtle-Guiney, and I based on Last week's amendments proposed by Councilors Avalos, Murillo, Green, Novick, and I, I'm comfortable on a non-binding proposal with voting yes today.", "speaker": "Sameer Kanal" }, { "id": "cue-2628", "start": 15249.66, "end": 15253.147, "text": "That's in spite of the problems that we must solve between now and December.", "speaker": "Sameer Kanal" }, { "id": "cue-2629", "start": 15253.95, "end": 15265.628, "text": "And what ultimately leaned me, 51-49, towards a yes vote has been the knowledge that this is a step on a long process, not the final vote, and that a vote yes is not to lock in anything, but to continue this conversation.", "speaker": "Sameer Kanal" }, { "id": "cue-2630", "start": 15266.812, "end": 15274.503, "text": "My vote today is a vote to not shut a door on negotiations, Just to get to a place where there is a proposal for a legally binding deal that we can consider.", "speaker": "Sameer Kanal" }, { "id": "cue-2631", "start": 15274.744, "end": 15274.889, "text": "Okay.", "speaker": "Dan Ryan" }, { "id": "cue-2632", "start": 15275.451, "end": 15279.545, "text": "I believe that if council doesn't pass a term sheet today, negotiations are done, and I want to explain why.", "speaker": "Sameer Kanal" }, { "id": "cue-2633", "start": 15280.508, "end": 15291.363, "text": "If council doesn't pass a term sheet today, I don't believe that the executive branch is going to start this whole process over and initiate a better process that will get us a better deal than what is in the term sheet before us right now.", "speaker": "Sameer Kanal" }, { "id": "cue-2634", "start": 15292.069, "end": 15296.264, "text": "I don't see a way to get 7 votes to initiate a better deal process should this fail.", "speaker": "Sameer Kanal" }, { "id": "cue-2635", "start": 15297.377, "end": 15303.962, "text": "And so as a result, I've approached this to try and pursue making the term sheet better, and ideally not just better but good.", "speaker": "Sameer Kanal" }, { "id": "cue-2636", "start": 15304.56, "end": 15311.191, "text": "And I think that, that we've achieved a lot in the amendments so far, with some yet to do, and I, I appreciate everyone's points on that.", "speaker": "Sameer Kanal" }, { "id": "cue-2637", "start": 15311.885, "end": 15314.112, "text": "Now, that doesn't mean that passing this guarantees success.", "speaker": "Sameer Kanal" }, { "id": "cue-2638", "start": 15314.241, "end": 15315.95, "text": "We obviously still need a negotiating partner.", "speaker": "Sameer Kanal" }, { "id": "cue-2639", "start": 15318.082, "end": 15319.391, "text": "The Moda Center is in my district.", "speaker": "Sameer Kanal" }, { "id": "cue-2640", "start": 15320.144, "end": 15335.788, "text": "It's critical to the vibrancy of District I've mentioned several times its proximity to other notable locations in the district, like Lloyd Center, like the Convention Center, like the Louisa Flowers Building.", "speaker": "Sameer Kanal" }, { "id": "cue-2641", "start": 15336.606, "end": 15344.836, "text": "And I've noted that in the testimony and in the, the other data we have, my district has consistently shown a higher level of support than some other districts have for this proposal.", "speaker": "Sameer Kanal" }, { "id": "cue-2642", "start": 15346.088, "end": 15347.371, "text": "The city owns the Moda Center.", "speaker": "Sameer Kanal" }, { "id": "cue-2643", "start": 15348.238, "end": 15354.501, "text": "As a democratic socialist, I believe in having and maintaining public assets, but doing it in a way that has public benefit.", "speaker": "Sameer Kanal" }, { "id": "cue-2644", "start": 15355.465, "end": 15361.262, "text": "The Moda Center needs to be renovated, and it's the city's responsibility to do so in a way that has public benefit.", "speaker": "Sameer Kanal" }, { "id": "cue-2645", "start": 15362.37, "end": 15368.248, "text": "And our duty as council is not just to exercise fiscal responsibility, but to exercise fiscal stewardship.", "speaker": "Sameer Kanal" }, { "id": "cue-2646", "start": 15368.328, "end": 15371.749, "text": "And sometimes fiscal stewardship does mean spending and investing money.", "speaker": "Sameer Kanal" }, { "id": "cue-2647", "start": 15372.568, "end": 15383.375, "text": "I believe this term sheet can start a process that theoretically can get Portlanders more than what we put in through parking and rent and tax offset payments and ticket user fees and community benefits.", "speaker": "Sameer Kanal" }, { "id": "cue-2648", "start": 15384.868, "end": 15388.448, "text": "Now, having said all of that, I do want to get a couple forward-looking things on the record.", "speaker": "Sameer Kanal" }, { "id": "cue-2649", "start": 15389.845, "end": 15391.82, "text": "The NBA has had a home here for 56 years.", "speaker": "Sameer Kanal" }, { "id": "cue-2650", "start": 15392.575, "end": 15401.957, "text": "We've been a good market for the NBA with unparalleled support for a market our size, a 24-year-long sellout streak, high interest in ratings, everything that comprises Blazer Mania.", "speaker": "Sameer Kanal" }, { "id": "cue-2651", "start": 15402.521, "end": 15413.367, "text": "I think it's clear that each member of the council has our own priorities and that collectively we have some differences around the city, but we are all committed to maintaining and continuing Blazer Mania indefinitely.", "speaker": "Sameer Kanal" }, { "id": "cue-2652", "start": 15413.495, "end": 15421.778, "text": "And I believe that the NBA and the commissioner have always had and continue to have a strong partner in the city of Portland, and all we ask is your support for a fair process.", "speaker": "Sameer Kanal" }, { "id": "cue-2653", "start": 15423.61, "end": 15426.894, "text": "The Portland Trail Blazers are hopefully going to be our primary tenant and a business partner.", "speaker": "Sameer Kanal" }, { "id": "cue-2654", "start": 15426.975, "end": 15428.364, "text": "What Councilor Novick said earlier is true.", "speaker": "Sameer Kanal" }, { "id": "cue-2655", "start": 15429.274, "end": 15434.284, "text": "It's reasonable to say that nobody would sign a lease if it would make them lose money, whether landlord or tenant.", "speaker": "Sameer Kanal" }, { "id": "cue-2656", "start": 15435.135, "end": 15439.053, "text": "But as many of the longtime staff know, there's no crowd in the NBA like this one when it's packed.", "speaker": "Sameer Kanal" }, { "id": "cue-2657", "start": 15439.551, "end": 15443.179, "text": "There's a reason that former Blazers of all stripes live here after their careers end.", "speaker": "Sameer Kanal" }, { "id": "cue-2658", "start": 15444.03, "end": 15450.598, "text": "There's a reason that players like Maurice Lucas and Steve Blake and Damian Lillard come back even during their playing careers.", "speaker": "Sameer Kanal" }, { "id": "cue-2659", "start": 15450.951, "end": 15453.713, "text": "This is a unique market and it's a unique city, and those are good things.", "speaker": "Sameer Kanal" }, { "id": "cue-2660", "start": 15453.761, "end": 15453.857, "text": "Thank you.", "speaker": "Candace Avalos" }, { "id": "cue-2661", "start": 15454.947, "end": 15460.748, "text": "Obviously, every city's got work to do, but the city of Portland is an amazing place to be, and I hope that we can build a future together.", "speaker": "Sameer Kanal" }, { "id": "cue-2662", "start": 15461.533, "end": 15468.68, "text": "And to the city's executive branch, the next time we vote on this as a council, our vote will not be non-binding, and so the standard will be higher.", "speaker": "Sameer Kanal" }, { "id": "cue-2663", "start": 15468.984, "end": 15469.914, "text": "It will be legally binding.", "speaker": "Sameer Kanal" }, { "id": "cue-2664", "start": 15470.571, "end": 15479.977, "text": "I ask you not to count me out nor to count me in, but to understand, like my colleagues, my vote is available if there's a good deal and is not available if there is a bad one.", "speaker": "Sameer Kanal" }, { "id": "cue-2665", "start": 15480.025, "end": 15483.811, "text": "Councilmember And what you provide to us is what determines what it will be.", "speaker": "Sameer Kanal" }, { "id": "cue-2666", "start": 15484.998, "end": 15486.506, "text": "It needs to be a complete proposal.", "speaker": "Sameer Kanal" }, { "id": "cue-2667", "start": 15486.956, "end": 15488.079, "text": "No more blank exhibits.", "speaker": "Sameer Kanal" }, { "id": "cue-2668", "start": 15488.769, "end": 15489.651, "text": "No more trust us.", "speaker": "Sameer Kanal" }, { "id": "cue-2669", "start": 15490.293, "end": 15492.074, "text": "No more renderings without spreadsheets.", "speaker": "Sameer Kanal" }, { "id": "cue-2670", "start": 15492.796, "end": 15495.234, "text": "Negotiate for us, not against us.", "speaker": "Sameer Kanal" }, { "id": "cue-2671", "start": 15496.646, "end": 15505.887, "text": "I remain committed to doing a renovation of this public asset that has strong community benefits, has a strong return on investment, and does not violate the will of the voters around PSAP.", "speaker": "Sameer Kanal" }, { "id": "cue-2672", "start": 15507.219, "end": 15511.939, "text": "I don't want to cut money in the general fund if we can't find another funding source.", "speaker": "Sameer Kanal" }, { "id": "cue-2673", "start": 15512.035, "end": 15517.316, "text": "I don't want to cut money from the Fire Bureau or break our promises around the parks levy to pay for this.", "speaker": "Sameer Kanal" }, { "id": "cue-2674", "start": 15517.749, "end": 15524.283, "text": "And I think that Duane Hankins' response to my last question in the work session indicates that they don't want us to do so either.", "speaker": "Sameer Kanal" }, { "id": "cue-2675", "start": 15525.551, "end": 15529.74, "text": "So my vote next time will be based on nothing other than the proposal you bring to us.", "speaker": "Sameer Kanal" }, { "id": "cue-2676", "start": 15530.19, "end": 15532.774, "text": "So bring us a deal that meets those needs and I'll vote for it.", "speaker": "Sameer Kanal" }, { "id": "cue-2677", "start": 15532.838, "end": 15533.336, "text": "And if not, I'll vote no.", "speaker": "Dan Ryan" }, { "id": "cue-2678", "start": 15533.384, "end": 15533.689, "text": "Councilmember Herbold.", "speaker": "Raymond C. Lee" }, { "id": "cue-2679", "start": 15535.309, "end": 15538.741, "text": "I am really tired of being asked to apologize for Portland.", "speaker": "Sameer Kanal" }, { "id": "cue-2680", "start": 15540.136, "end": 15544.946, "text": "Every city has room for improvement, but we all ran for office because we love the city and it's a great place to be.", "speaker": "Sameer Kanal" }, { "id": "cue-2681", "start": 15545.828, "end": 15546.919, "text": "I've lived other places.", "speaker": "Sameer Kanal" }, { "id": "cue-2682", "start": 15547.256, "end": 15556.62, "text": "They're fine, I guess, but it's a privilege to be here, and I expect that everyone involved in this from every side remembers that from now until December.", "speaker": "Sameer Kanal" }, { "id": "cue-2683", "start": 15556.668, "end": 15575.284, "text": "Because if you do, we'll be on our way to a deal that renovates a civic asset in District 2, locks in our oldest professional sports team for a generation to come, creates opportunities for community redevelopment greater than what we already have, protects the public dollar, gets a strong return on investment, honors the will of the voters, and rebuilds the public trust.", "speaker": "Sameer Kanal" }, { "id": "cue-2684", "start": 15575.686, "end": 15580.757, "text": "And I remain optimistic about getting all of that because we can have nice things and Portland deserves them.", "speaker": "Sameer Kanal" }, { "id": "cue-2685", "start": 15581.428, "end": 15581.772, "text": "Thank you.", "speaker": "Sameer Kanal" }, { "id": "cue-2686", "start": 15582.394, "end": 15583.212, "text": "Thank you, Councilor Kanal.", "speaker": "Jamie Dunphy" }, { "id": "cue-2687", "start": 15585.43, "end": 15587.007, "text": "Colleagues, thank you for your work today.", "speaker": "Jamie Dunphy" }, { "id": "cue-2688", "start": 15588.185, "end": 15594.078, "text": "Thank you for considering and approving the packages and for carefully discussing the amendments that were all brought before us as well.", "speaker": "Jamie Dunphy" }, { "id": "cue-2689", "start": 15594.849, "end": 15598.975, "text": "Thank you for the guy outside for occasionally quieting down so that we could hear each other.", "speaker": "Jamie Dunphy" }, { "id": "cue-2690", "start": 15600.051, "end": 15604.162, "text": "And indeed, the way that— thank you for everybody, the way that you contributed in your own way.", "speaker": "Jamie Dunphy" }, { "id": "cue-2691", "start": 15605.189, "end": 15608.497, "text": "As I said at the top of this meeting, this is the city's opening proposal.", "speaker": "Jamie Dunphy" }, { "id": "cue-2692", "start": 15609.557, "end": 15612.206, "text": "A very dense 3 months are ahead for our team.", "speaker": "Jamie Dunphy" }, { "id": "cue-2693", "start": 15612.35, "end": 15612.479, "text": "Thank you.", "speaker": "Jamie Dunphy" }, { "id": "cue-2694", "start": 15612.994, "end": 15616.345, "text": "And if our partners choose to engage, things will move quickly.", "speaker": "Jamie Dunphy" }, { "id": "cue-2695", "start": 15617.425, "end": 15624.86, "text": "I look forward to continuing regular updates with council members, engaging in executive sessions, and updating the public with the best information available.", "speaker": "Jamie Dunphy" }, { "id": "cue-2696", "start": 15626.452, "end": 15629.392, "text": "I believe that there were folks who were counting on us to fail today.", "speaker": "Jamie Dunphy" }, { "id": "cue-2697", "start": 15630.915, "end": 15634.367, "text": "But this council and this new form of government can do hard things.", "speaker": "Jamie Dunphy" }, { "id": "cue-2698", "start": 15635.356, "end": 15636.993, "text": "This work is supposed to be hard.", "speaker": "Jamie Dunphy" }, { "id": "cue-2699", "start": 15637.382, "end": 15638.355, "text": "It's supposed to be messy.", "speaker": "Jamie Dunphy" }, { "id": "cue-2700", "start": 15639.086, "end": 15642.204, "text": "This is the process of fighting for our city.", "speaker": "Jamie Dunphy" }, { "id": "cue-2701", "start": 15643.109, "end": 15644.627, "text": "Because Portland is an incredible city.", "speaker": "Jamie Dunphy" }, { "id": "cue-2702", "start": 15645.306, "end": 15646.533, "text": "We are culturally vibrant.", "speaker": "Jamie Dunphy" }, { "id": "cue-2703", "start": 15646.598, "end": 15652.679, "text": "We have the best audiences in the country, not just at the Blazers games, but in every venue in town.", "speaker": "Jamie Dunphy" }, { "id": "cue-2704", "start": 15653.418, "end": 15657.741, "text": "Our incredible natural beauty provides the backdrop for the best quality of life in the nation.", "speaker": "Jamie Dunphy" }, { "id": "cue-2705", "start": 15657.998, "end": 15661.441, "text": "And we are serious about getting things done.", "speaker": "Jamie Dunphy" }, { "id": "cue-2706", "start": 15663.065, "end": 15664.883, "text": "This city is a value proposition.", "speaker": "Jamie Dunphy" }, { "id": "cue-2707", "start": 15665.493, "end": 15667.147, "text": "It's also a place with values.", "speaker": "Jamie Dunphy" }, { "id": "cue-2708", "start": 15667.741, "end": 15667.949, "text": "Both.", "speaker": "Jamie Dunphy" }, { "id": "cue-2709", "start": 15668.704, "end": 15670.358, "text": "We move forward from both.", "speaker": "Jamie Dunphy" }, { "id": "cue-2710", "start": 15671.578, "end": 15676.492, "text": "I am certain that our greatest chapter is ahead of us, and I hope that the Blazers are a part of that future.", "speaker": "Jamie Dunphy" }, { "id": "cue-2711", "start": 15677.134, "end": 15685.451, "text": "If they choose not to be, I have no question that our incredible city will still bloom, thrive, and make great places for cool stuff to happen.", "speaker": "Jamie Dunphy" }, { "id": "cue-2712", "start": 15686.752, "end": 15693.705, "text": "This process has been unprecedented, and I am so grateful to all of our staff, that have helped to keep it— helped us to get to this place.", "speaker": "Jamie Dunphy" }, { "id": "cue-2713", "start": 15694.3, "end": 15700.018, "text": "We're counting on you to keep going, to bring back a long-term lease agreement that this body can support.", "speaker": "Jamie Dunphy" }, { "id": "cue-2714", "start": 15700.805, "end": 15705.592, "text": "And to my council colleagues, again, thank you for bringing your passion and your determination.", "speaker": "Jamie Dunphy" }, { "id": "cue-2715", "start": 15706.266, "end": 15713.511, "text": "More than anything else, thank you for staying engaged and at the table with each other, even when it would have been far easier to walk away.", "speaker": "Jamie Dunphy" }, { "id": "cue-2716", "start": 15714.555, "end": 15716.145, "text": "We have many challenges ahead of us.", "speaker": "Jamie Dunphy" }, { "id": "cue-2717", "start": 15716.565, "end": 15722.05, "text": "And today I'm just a little bit more hopeful that this group has what it takes to get there together.", "speaker": "Jamie Dunphy" }, { "id": "cue-2718", "start": 15722.65, "end": 15723.867, "text": "Keelan, can you please call the roll?", "speaker": "Jamie Dunphy" }, { "id": "cue-2719", "start": 15727.53, "end": 15732.895, "text": "This is the vote for document 2026-280 as amended.", "speaker": "Keelan McClymont" }, { "id": "cue-2720", "start": 15733.138, "end": 15733.719, "text": "Koyama Lane?", "speaker": "Keelan McClymont" }, { "id": "cue-2721", "start": 15734.495, "end": 15734.657, "text": "No.", "speaker": "Tiffany Koyama Lane" }, { "id": "cue-2722", "start": 15735.708, "end": 15736.098, "text": "Morillo?", "speaker": "Keelan McClymont" }, { "id": "cue-2723", "start": 15736.455, "end": 15736.601, "text": "No.", "speaker": "Angelita Morillo" }, { "id": "cue-2724", "start": 15737.429, "end": 15737.851, "text": "Novick?", "speaker": "Keelan McClymont" }, { "id": "cue-2725", "start": 15738.224, "end": 15739.036, "text": "It's been a great game.", "speaker": "Steve Novick" }, { "id": "cue-2726", "start": 15739.279, "end": 15740.123, "text": "Both teams played hard.", "speaker": "Steve Novick" }, { "id": "cue-2727", "start": 15740.416, "end": 15740.448, "text": "Aye.", "speaker": "Steve Novick" }, { "id": "cue-2728", "start": 15741.422, "end": 15741.763, "text": "Clark?", "speaker": "Keelan McClymont" }, { "id": "cue-2729", "start": 15742.12, "end": 15742.152, "text": "Aye.", "speaker": "Olivia Clark" }, { "id": "cue-2730", "start": 15746.713, "end": 15746.745, "text": "Aye.", "speaker": "Dan Ryan" }, { "id": "cue-2731", "start": 15748.04, "end": 15748.186, "text": "No.", "speaker": "Dan Ryan" }, { "id": "cue-2732", "start": 15748.753, "end": 15749.109, "text": "Yes.", "speaker": "Eric Zimmerman" }, { "id": "cue-2733", "start": 15750.599, "end": 15750.744, "text": "No.", "speaker": "Candace Avalos" }, { "id": "cue-2734", "start": 15753.19, "end": 15753.546, "text": "Yes.", "speaker": "Loretta Smith" }, { "id": "cue-2735", "start": 15755.699, "end": 15755.748, "text": "Aye.", "speaker": "Jamie Dunphy" }, { "id": "cue-2736", "start": 15757.558, "end": 15757.688, "text": "Aye.", "speaker": "Elana Pirtle-Guiney" }, { "id": "cue-2737", "start": 15759.094, "end": 15759.143, "text": "Aye.", "speaker": "Steve Novick" }, { "id": "cue-2738", "start": 15761.6, "end": 15761.648, "text": "Aye.", "speaker": "Raymond C. Lee" }, { "id": "cue-2739", "start": 15762.505, "end": 15766.71, "text": "The resolution as amended is adopted with a vote of 8 ayes and 4 nays.", "speaker": "Keelan McClymont" }, { "id": "cue-2740", "start": 15767.238, "end": 15768.294, "text": "Congratulations, colleagues.", "speaker": "Jamie Dunphy" }, { "id": "cue-2741", "start": 15768.803, "end": 15771.099, "text": "This concludes all of our business before this body.", "speaker": "Jamie Dunphy" }, { "id": "cue-2742", "start": 15771.597, "end": 15775.45, "text": "As such, the 2 o'clock scheduled meeting of the Portland City Council is canceled.", "speaker": "Jamie Dunphy" }, { "id": "cue-2743", "start": 15775.932, "end": 15778.003, "text": "We are adjourned.", "speaker": "Jamie Dunphy" } ] }