What’s the latest on Moda Center funding?

A Moda Center deal is in the works, and the Portland City Council will vote in just a few weeks to decide if it will spend public money on a renovation. But details are hazy about where exactly the funding would come from.

Mayor Keith Wilson and city councilors have suggested they’ll draw upon city revenue streams such as the Portland Clean Energy Fund and a fund within Prosper Portland, the city’s urban development agency. But the boards that govern those sets of funding would first have to determine if their revenue can be spent on the arena.

It’s just the latest in a long saga that has involved negotiations between the Trail Blazers and city officials to keep the team in Portland and meet demands for renovations.

Alex Zielinski covers Portland politics for OPB. She joins us to break down the latest  updates.

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