Hillsboro, Oregon’s fifth-biggest city, is staking its credit rating on a plan to build a $15.2 million stadium for a minor-league baseball team. Similar efforts in Washington state and New Jersey ended in downgrades.
The Portland suburb with about 93,500 residents broke ground on the venue last week. It will house an affiliate of Major League Baseball’s Arizona Diamondbacks that for 23 years played 200 miles away in Yakima.
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