Metro AgendaPacket Council Work Session 2026-05-19
$3.5M Timber Site Acquisition Awarded to TPL/OSU
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Description
Metro Council conditionally awarded Trust for Public Lands/Oregon State University $3.5 million to acquire a private timber site in the Tualatin Mountains through the Large-scale Community Visions bond-funded program. The award remains pending execution of a formal agreement and confirmation of public ownership.
Contract Details
Contract Amount
$3.5 million
Vendor
TRUST FOR PUBLIC LANDS/OREGON STATE UNIVERSITY
Agency
Portland Area Metropolitan Service District[3], OR
Contract Type
FACILITIES
Document Date
May 19, 2026
Renewal Date
2028-12-31
Renewal Info
Conditional 2023 award with no contract executed yet; Council is considering establishing a 2028 deadline for the project to demonstrate measurable progress toward readiness, including securing a public ownership arrangement, within the overall July 2031 bond spend-down schedule.
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Metro AgendaPacket Council Work Session 2026-05-19
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