Saturday, July 03, 2004

Portland gets creative to woo Siltronic

Financial enticements include property tax abatements, energy incentives, grants for capital expenses and work-force training. Multnomah County's Strategic Investment Program and the possibility of designating parts of the Northwest industrial area and Swan Island as an urban renewal area and Federal Housing and Urban Development loan of $26 million.

This is the same county (Multnomah) and City (Portland) that has a brand new county income tax, wants a new real estate transfer tax, is talking about new system development fees and raising transit taxes, school taxes, much more for it's established businesses.

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