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Blazers representatives, Portland officials meet to discuss Moda Center renovation, lease
['Anne M. Peterson', 'The Associated Press']
Winnipeg Free Press
PORTLAND, Ore. (AP) — Representatives from the Trail Blazers met with Portland city councilors on Thursday to discuss a new lease and the commitment of public funds to renovate the aging Moda Center.
The public work session comes amid the contentious negotiations over the $600 million renovation project, part of striking a long-term lease agreement with the Blazers.
The state has already pledged $365 million toward the deal, provided Portland contributes $120 million and Multnomah County also provides funds.
“Although we enter negotiations in good faith, the first-class standard has been wielded as a weapon, chilling our negotiations.
Portland Mayor Keith Wilson said: “We are not contemplating suing the Blazers, Rip City Management or other parties.”