If only the C-Tran board members knew a little more about basketball.
OK, that might sound like a stretch, but bear with me for a moment. You see, in 1976, when the National Basketball Association merged with a rival league, team owners negotiated maybe the worst deal in the history of negotiations. Or maybe the best, depending upon which side you were on.
Instead of joining the NBA, the owners for the Spirits of St. Louis, Ozzie and Daniel Silna, accepted a share of NBA TV revenue in perpetuity. That means forever. And that means the Silnas are still getting paid for the mere act of folding their team nearly 40 years ago.
How this relates to C-Tran might not be clear. Until you ponder the fact that it’s never a good idea to sign a deal in perpetuity. And until you ponder the contract the C-Tran board signed last year with TriMet, Oregon’s financially strapped transit authority, over how light rail would be operated as part of the Columbia River Crossing project.
Now, many people in Clark County would rather suffer from mange than sign a contract with TriMet. This is understandable, considering that TriMet has, according to The Oregonian, “a mountain of unfunded financial obligations.” And that last year the agency sued Clackamas County as part of a spitting match over light rail. And that, according to the Oregon Supreme Court, the Interstate 5 Bridge proposal was a $2.5 billion bribe (my word, not theirs) to get Clark County to welcome light rail. Yet none of that prevented the C-Tran board from entering an agreement that ceded eminent domain authority to TriMet, which would allow it to acquire property in Clark County for the light-rail extension.