Finance Committee

Monday, March 24, 2025 at 12:00 PM

City Hall, Council Chambers, 2nd Floor – 1221 SW Fourth Avenue, Portland, OR 97204

5 present6 motions6 votes9 agenda items

Roll call

Attendance

Candace AvalosCouncilorPresent Elana Pirtle-GuineyVice ChairPresent Eric ZimmermanChairPresent Mitch GreenCouncilorPresent Steve NovickCouncilorPresent

Ordered record

Agenda

1
Technical Adjustment Ordinance discussion2025-096 · Regular agenda
Placed On File
2
Update on Portland Water Bureau interim borrowing strategy2025-097 · Regular agenda
Placed On File
3
Tax Increment Financing Funds creation ordinances2025-110 · Regular agenda
Placed On File
4
*Create the 82nd Avenue Tax Increment Financing District Debt Service Fund2025-111 · Regular agenda
Referred To City Council
5
*Create the East 205 Tax Increment Financing District Debt Service Fund2025-112 · Regular agenda
Referred To City Council
6
*Create the Central Eastside Corridor Tax Increment Financing District Debt Service Fund2025-113 · Regular agenda
Referred To City Council
7
*Create the Lloyd-Holladay Tax Increment Financing District Debt Service Fund2025-114 · Regular agenda
Referred To City Council
8
*Create the Sumner-Parkrose-Argay-Columbia Corridor Tax Increment Financing District Debt Service Fund2025-115 · Regular agenda
Referred To City Council
9
*Create the Westside Tax Increment Financing District Debt Service Fund2025-116 · Regular agenda
Referred To City Council

Procedure

Motions & amendments

MainPassed

Motion to send the Emergency Ordinance Create the 82nd Avenue Tax Increment Financing District Debt Service Fund to the full Council with the recommendation that it be passed: Moved by Green and seconded by Avalos. (Aye (5): Avalos, Novick, Green, Pirtle-Guiney, Zimmerman)

Connected matter

MainPassed

Motion to send the Emergency Ordinance Create the East 205 Tax Increment Financing District Debt Service Fund to the full Council with the recommendation that it be passed: Moved by Green and seconded by Avalos. (Aye (5): Avalos, Novick, Green, Pirtle-Guiney, Zimmerman)

Connected matter

MainPassed

Motion to send the Emergency Ordinance Create the Westside Tax Increment Financing District Debt Service Fund to the full Council with the recommendation that it be passed: Moved by Green and seconded by Avalos. (Aye (5): Avalos, Novick, Green, Pirtle-Guiney, Zimmerman)

Connected matter

MainPassed

Motion to send the Emergency Ordinance Create the Central Eastside Corridor Tax Increment Financing District Debt Service Fund to the full Council with the recommendation that it be passed: Moved by Avalos and seconded by Green. (Aye (5): Avalos, Novick, Green, Pirtle-Guiney, Zimmerman)

Connected matter

MainPassed

Motion to send the Emergency Ordinance Create the Sumner-Parkrose-Argay-Columbia Tax Increment Financing District Debt Service Fund to the full Council with the recommendation that it be passed: Moved by Novick and seconded by Green. (Aye (5): Avalos, Novick, Green, Pirtle-Guiney, Zimmerman)

Connected matter

MainPassed

Motion to send the Emergency Ordinance Create the Lloyd-Holladay Tax Increment Financing District Debt Service Fund to the full Council with the recommendation that it be passed: Moved by Pirtle-Guiney and seconded by Avalos. (Aye (5): Avalos, Novick, Green, Pirtle-Guiney, Zimmerman)

Connected matter

Named positions

Votes

AgendaPassed

Motion to send the Emergency Ordinance Create the Central Eastside Corridor Tax Increment Financing District Debt Service Fund to the full Council with the recommendation that it be passed: Moved by Avalos and seconded by Green. (Aye (5): Avalos, Novick, Green, Pirtle-Guiney, Zimmerman)

Candace AvalosYes Dan RyanYes Elana Pirtle-GuineyYes Eric ZimmermanYes Mitch GreenYes Steve NovickYes

AgendaPassed

Motion to send the Emergency Ordinance Create the 82nd Avenue Tax Increment Financing District Debt Service Fund to the full Council with the recommendation that it be passed: Moved by Green and seconded by Avalos. (Aye (5): Avalos, Novick, Green, Pirtle-Guiney, Zimmerman)

Candace AvalosYes Dan RyanYes Elana Pirtle-GuineyYes Eric ZimmermanYes Mitch GreenYes Steve NovickYes

AgendaPassed

Motion to send the Emergency Ordinance Create the East 205 Tax Increment Financing District Debt Service Fund to the full Council with the recommendation that it be passed: Moved by Green and seconded by Avalos. (Aye (5): Avalos, Novick, Green, Pirtle-Guiney, Zimmerman)

Candace AvalosYes Dan RyanYes Elana Pirtle-GuineyYes Eric ZimmermanYes Mitch GreenYes Steve NovickYes

AgendaPassed

Motion to send the Emergency Ordinance Create the Sumner-Parkrose-Argay-Columbia Tax Increment Financing District Debt Service Fund to the full Council with the recommendation that it be passed: Moved by Novick and seconded by Green. (Aye (5): Avalos, Novick, Green, Pirtle-Guiney, Zimmerman)

Candace AvalosYes Dan RyanYes Elana Pirtle-GuineyYes Eric ZimmermanYes Mitch GreenYes Steve NovickYes

AgendaPassed

Motion to send the Emergency Ordinance Create the Lloyd-Holladay Tax Increment Financing District Debt Service Fund to the full Council with the recommendation that it be passed: Moved by Pirtle-Guiney and seconded by Avalos. (Aye (5): Avalos, Novick, Green, Pirtle-Guiney, Zimmerman)

Candace AvalosYes Dan RyanYes Elana Pirtle-GuineyYes Eric ZimmermanYes Mitch GreenYes Steve NovickYes

AgendaPassed

Motion to send the Emergency Ordinance Create the Westside Tax Increment Financing District Debt Service Fund to the full Council with the recommendation that it be passed: Moved by Green and seconded by Avalos. (Aye (5): Avalos, Novick, Green, Pirtle-Guiney, Zimmerman)

Candace AvalosYes Dan RyanYes Elana Pirtle-GuineyYes Eric ZimmermanYes Mitch GreenYes Steve NovickYes