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I understand there are concerns about using taxes to fund private enterprise, but the truth is this is really about public funds funding public enterprise. PGE belongs to the city of Portland, and if they don't put money into the stadium they could have another Memorial Coliseum on their hands (which is costing the city money (i.e. tax payer money). The great thing is now there is at least a good reason to invest in the stadium. A better stadium could potentially bring in more revenue from sporting events, rent, and tourism.
posted 4 years, 2 months ago
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