|CONDEMNED: Troutdale City Hall|
On its web site, Home Forward brags, "Home Forward is a public corporation with the ability to function like a private real estate developer."
According to the minutes of the February 28, 2012 Troutdale City Council Economic Development Subcommittee Meeting, Betty Dominguez, Policy and Planning Program Director for Home Forward said,
"Home Forward can issue its own tax exempt bonds. Examples of where this has been done are Rosa Parks School and the New Columbia housing project in North Portland. Ms. Dominguez stated that because of its authority to issue tax exempt bonds, her agency has the means to build Troutdale a new City Hall if it includes affordable housing above it. She said this might be a good opportunity for a public/private partnership if we applied the tax exempt bonds and other financing tools to help us build a new city hall with a couple floors of work force housing."
Later in the meeting, the minutes indicated, "Ms. Dominguez responded that she was only bringing up City Hall replacement because she knows we have to move out of the current City Hall building, but she would be happy to talk to us about whatever type of use we want."
Troutdale City Manager Craig Ward stated at the meeting that the biggest issue with this offer would be financing because the City has no money to contribute to the project without a voter-approved bond measure.
Getting Troutdale voters to approve a bond measure for a new City Hall would indeed be a difficult task, according to a January 28, 2012 informal poll on the Troutdale, Oregon Facebook page (which is NOT affiliated with the City of Troutdale). Take a look at the resounding "No Way!!" comments: