It’s Time to Talk Tram Tolls

Again, thank you Sam for your attempts to control the costs of this boondoggle project. As I have previously stated, I personally testified against building this so called “Postcard” at the public hearing when it was before the City Council. At that time, the atmosphere in Council Chambers was that OHSU, backed by Mayor Katz, were unwilling to consider any other option or alternative. South Waterfront developers seemed ready to support the project as a glitzy attraction that would boost the sale and rental prices of floor space in new condos and apartments. Dissenters of the tram were overwhelmed by the big dollars in play.

Given the price of this project is now approaching four times its original advertised budget, the taxpayers of Portland must NOT be the ones left hanging on the cable to pay the extra costs. As the primary beneficiary, OHSU should, and must step up with additional funds to cover the ever increasing costs. Right behind OHSU must be Williams and Dame, developers, who as the recipients of a string of tax abatements in the Pearl District have lined their pockets with taxpayer subsidized wealth. It is time these guys returned some of those riches to the people of Portland.

The tram is basically a sky bridge linking Pill Hill with the South Waterfront. If either OHSU or Williams and Dame do not come forward with additional funds to cover the escalating costs, then a trambridge toll MUST be enacted when the tram is completed. No less than a $5.00 user fee must be implemented. The fare would be good for one hour from the time purchased. That way anybody using the tram to commute would end up paying the hour fare rate at least twice a day. Tri-Met fares would NOT be transferable because the purpose of the toll is to pay off the bonds for the tram. Anybody using the tram on a regular basis could be issued a swipe cared that would automatically compute all their toll charges. Bringing a bicycle on the tram would be an extra charge. Any draw from tourists would also be helping to pay for the tram. If OHSU doesn’t like charging their employees for the ride, tough cookies, step up with the cash. It is not up to Portland taxpayers to bail out OHSU, or subsidize Williams and Dame projects.