What action will the City Council take at the 9:30 am, Wednesday, March 6, 2009 meeting?
The City Council will hear recommendations from the citizen MLS Task Force and take public testimony before deciding whether or not to approve a non-binding agreement called a “term sheet” proposed by Mayor Sam Adams and Commissioner Randy Leonard along with Peregrine LLC. See the full report of the MLS Task Force. The proposed term sheet outlines actions and investments to be made by both the City of Portland and Peregrine LLC to bring Major League Soccer (MLS) to Portland at a renovated PGE Park and keep AAA minor league baseball playing in Portland at a new baseball stadium to be constructed in the Rose Quarter district. If approved, the term sheet will provide direction to City staff to negotiate definitive agreements with comprehensive terms and binding conditions. City staff will return with proposed definitive agreements by September 1, 2009 to City Council for their consideration. If either Peregrine LLC or the city fails to meet the conditions set forth in the term sheet, the
