PORTLAND, Ore. (KOIN) – Portland leaders are weighing a controversial move to help keep the Trail Blazers in town by using millions from the city’s voter-approved clean energy fund to help pay for renovations at the Moda Center.
The Moda Center is now 30 years old, and with a pending ownership change and a tight legislative timeline, pressure is mounting to lock in a long-term game plan. The city has confirmed that it is considering using up to $75 million from the Portland Clean Energy Community Benefits Fund.
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City officials say any use of clean energy funds would require City Council and PCEF committee approval…