Multnomah County Approves $101.6 Million for Moda Center Renovations as Blazers Talks Continue
Updated
Updated · Fox 12 Oregon · Aug 7
Multnomah County Approves $101.6 Million for Moda Center Renovations as Blazers Talks Continue
3 articles · Updated · Fox 12 Oregon · Aug 7
Summary
A 4-1 vote by Multnomah County commissioners authorized setting aside up to $101.6 million for Moda Center renovations, advancing talks aimed at keeping the Trail Blazers in Portland.
The measure is not a final deal but sets the county’s negotiating framework with the city and the NBA franchise, including investment safeguards and terms tied to jobs and neighborhood revitalization.
Commissioner Meghan Moyer cast the lone no vote, saying she could not support county funding for ongoing maintenance of a city-owned arena while county-owned buildings face their own repair needs.
Portland City Council is due to vote Aug. 12 on a proposed operator lease term sheet, with county commissioners expected to consider a final agreement in December.