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As Portland sidewalk curb costs surge, city weighs hefty debt financing measure

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"Clearly, we have a problem with managing our assets."
The article from OregonLive discusses Portland's escalating costs for sidewalk and curb repairs, which have surged due to inflation and increased construction expenses. The city is now considering a massive debt financing measure to address the backlog of repairs, estimated to be in the hundreds of millions of dollars. Portland's Commissioner of Public Works, Mingus Mapps, emphasized the urgency of the situation, noting that the deteriorating infrastructure poses safety risks and accessibility issues for residents. The proposed financing plan would involve issuing bonds to fund the necessary repairs over the next decade, with the goal of improving the city's sidewalks and curbs to meet current standards and enhance pedestrian safety.

Read the Full Oregonian Article at:
[ https://www.oregonlive.com/politics/2025/04/as-portland-sidewalk-curb-costs-surge-city-weighs-massive-debt-financing-measure.html ]