“‘We were rejecting more real estate deals than any private development team in the city,’ Metro Council President Tom Hughes said. ‘The ones we accepted let us stretch those bond dollars a lot further than we thought we could.’ All that stretching, however, came at a cost. Since the bond money can only be used to buy land, Metro’s been stockpiling acreage for years with scant means of maintaining or restoring it.”
Source: Oregonian
