On September 6, 2007, Sam and the City Council committed to provide $27 million in tax increment funds to match $75 million in Federal Transit Administration resources to fund the cstreetcar is packing up and moving eastonstruction of the Portland Streetcar Loop Project, which will connect the east and the west side of the Willamette River. On the same day, Council approved the formation of a Local Improvement District, through which property owners will contribute $15 million to the Project. This action followed a Council work session where Sam presented the financial risks and benefits of proceeding with the Project.

• Minutes from Streetcar Loop Advisory Committee Meetings [0]
• Loop Fact Sheet and Map [1]
• Metro information [2]
• PowerPoint given to Council on Loop Financing [2]

Community Partners

• Streetcar Loop Advisory Committee [3]
• TriMet [4]
• Metro [5]
• Portland Streetcar, Inc. [6]

Media Mentions

• "Some eastside boosters see money in streetcar," The Oregonian, April 21, 2007 [7]

Our Blog

• "City Council Concludes Work Session on Eastside Streetcar Loop Funding" August 14, 2007 [7]

Milestones

• September 6, 2007 - Council Approves Funding, Moves Streetcar Forward

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