Two BIG proposals will have their first readings at the City Council on Wednesday, April 15:
2 P.M.: PORTLAND PARKS SDC
Central City Office Increases 118%
Non-Central City Office Increases: 281%
BOMA has partnered with NAIOP and other business groups to oppose the increase. We have retained an expert to analyze the proposal and identify flaws in the way the fees have been calculated. The report will be sent to all BOMA members this week.
The proposed increases will have a significant impact on all new construction.
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3:30 P.M.: ENERGY PERFORMANCE REPORTING PROPOSAL
Mandatory energy consumption reporting will be a hardship for many building owners.
The current proposal does not require the utilities to automatically upload energy data into Portfolio Manager. Utilities are only required to provide owner with access to the monthly energy consumption.
The City of Seattle's policy requires the utilities to upload energy consumption data into Portfolio Manager.
BOMA proposes a phase-in of this new policy over three years, allowing the industry and utilities time to adapt.