Last week Board Member Dave Luck published an article in the LO Review challenging the cost of the largest capital project in LO's history, the LO-Tigard water partnership. In the article he claims that the cost of the project and current water bills is a an unfair burden on our senior citizens. Essentially a regressive tax without a vote of the residents.
The current projected cost of the project is approximately $230 million with a 30% possible increase and LO share is at approximately 50%. This would require another $155 million + in debt be issued by the city which would be added to our water bills.
The article can be found at: Project costs prove a burden to our Seniors
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Former mayoral candidate John Surrett also wrote about this project in 2010 in an article in the LO review. The article can be found at: Take another look
The details of the project can be found at LO Tigard Water Partnership
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