Oregon Considered

Signature Gathering Begins to Stop Portland PGE Bid

July 19, 2005

0719_pge3.jpgAn effort to block the city of Portland from buying PGE went public Tuesday.

Opponents began collecting signatures to refer the city's bonding authority to the ballot.

If they gather enough valid signatures by the end of the month, Portland voters would have to ratify their city council's vote to float $3 billion in revenue bonds.

That money could be used to buy Portland General Electric.

complete article...

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