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Port City liaison committee reports progress on event center agreements; bond counsel may require changes
2272598 · February 11, 2025
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Summary
The Port City Liaison Committee reviewed proposed agreements for the Port City Event Center and said the Port withdrew its request for financial contingencies. Committee members said bond counsel advised additional contract changes will likely be needed to satisfy underwriting requirements.
Councilmember Matt Walters, reporting from the Port City Liaison Committee, told the council the committee reviewed draft agreements tied to the Port City Event Center project and that the Port’s outside counsel provided suggested edits. Walters said…
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