County outlines funding framework for Blazers arena renovation | Multnomah County Vector Control | PORTLAND TRAIL BLAZERS

Scope & details

The full contract record, as filed.

Contract amount

Up to $53 million principal for capital renovation; not to exceed $35 million BIT revenues for capital renovation; not to exceed $1.6 million for initial ongoing capital expenditures

Contract type

OTHER

Contract term

Team commitment to stay in Portland for the longer of 20 years or the length of any bonds whose proceeds are invested in the Moda Center or related Rose Quarter developments

Renewal

Team must commit to remain in Portland for the longer of 20 years or the life of bonds funding the Moda Center or related Rose Quarter developments. No responsibility for cost overruns will fall on the County.

Document type

Resolution

Source document

Multnomah County Resolution Resolution Affirming the County’s Commitment to the Renovation of the Moda Center Arena 2026-07-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Multnomah County Vector Control?

Portland Trail Blazers was awarded this government contract by Multnomah County Vector Control, as recorded on July 1, 2026. The contract value is Up to $53 million principal for capital renovation; not to exceed $35 million BIT revenues for capital renovation; not to exceed $1.6 million for initial ongoing capital expenditures.

How much is the Portland Trail Blazers contract with Multnomah County Vector Control worth?

The Portland Trail Blazers contract with Multnomah County Vector Control is valued at Up to $53 million principal for capital renovation; not to exceed $35 million BIT revenues for capital renovation; not to exceed $1.6 million for initial ongoing capital expenditures.

What type of contract is this?

This is a government contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Multnomah County Resolution Resolution Affirming the County’s Commitment to the Renovation of the Moda Center Arena 2026-07-01 (Resolution), dated July 1, 2026 from Multnomah County Vector Control. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Portland Trail Blazers hold?

Portland Trail Blazers may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Multnomah County Vector Control currently buying?

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