Possible Nike site could be added to Enterprise Zone next week

Hey Folks,
The following link is to a story of the Nike Enterprise Zone. An E-Zone is another taxing tool used by politicians who want to manipulate the market. The problem is only a few businesses get to use these special districts and only if they get government approval. Rob T....

Possible Nike site could be added to Enterprise Zone next week

Patrick Quinton, executive director of the Portland Development Commission, is expected to sign documents Monday requesting the state expand an Enterprise Zone to include an area that Nike is believed to be considering for expansion.  Quinton's action is a necessary step following the Portland City Council's voted Dec. 13 to approve a resolution designating 29.2 acres of South
Waterfront as part of an existing enterprise zone. The boundary change would allow Nike to obtain five-year tax abatements for a new, job-creating development. 

While the City Council needed to take that vote, the PDC is the E-Zone manager for the city of Portland.

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