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FACILITIESAWARDED

Metro AgendaPacket Council Work Session 2026-05-19

Albina Vision Trust Receives $5M Conditional LSCV Award

$5 millionPortland Area Metropolitan Service District[3]ALBINA VISION TRUSTMay 19, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Metro Council conditionally awarded Albina Vision Trust a $5 million Large-scale Community Visions grant funded by the 2019 Parks and Nature bond to support site acquisition adjacent to the Willamette River. The project remains in pre-contract stages while public ownership and access agreements are secured.

Contract Details

Contract Amount

$5 million

Vendor

ALBINA VISION TRUST

Agency

Portland Area Metropolitan Service District[3], OR

Contract Type

FACILITIES

Document Date

May 19, 2026

Renewal Date

2028-12-31

Renewal Info

Conditional award from 2023; no formal funding agreement executed yet. Council is considering establishing a 2028 deadline for the project to demonstrate readiness and secure public ownership arrangements before executing a contract, within an overall bond spend-down timeline targeting July 2031.

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