Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Consortium fears delay in N-55 project

August 19, 2025

India’s National Sports Governance Bill becomes an Act after President Murmu’s assent – Sport

August 19, 2025

China’s Lijian-1 rocket launches seven satellites-Xinhua

August 19, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » City Council candidates asked if they would give up business ownership if elected.
Business

City Council candidates asked if they would give up business ownership if elected.

i2wtcBy i2wtcMay 29, 2024No Comments4 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Portland voters approved sweeping charter reforms, including increasing the number of seats on the city council from five to 12. Voters will elect those 12 city council members this November, but the job is highly contested, with roughly 70 candidates running.

But if you’re a business owner, there are additional things to consider.

Portland city commissioners have not been allowed to hold other offices under the city charter for over 100 years, and while the new system puts commissioners in a role similar to Oregon’s legislators, proposing and passing policy rather than acting as both commissioners and policy makers, they still are not allowed to hold other offices.

The 20-person volunteer committee that drew up the city’s new form of government chose to maintain the ban, which had been in place since 1913. The committee considered repealing it, but ultimately decided to create a salary commission to set “adequate wages” for city employees and ensure that everyone could do their jobs regardless of their economic situation. The commission set a yearly salary for city council members at $133,207 (state legislators make just $35,000 a year, and many work part-time in other professions).

City Attorney Robert Taylor issued a memo about the rules on Feb. 21 after Nick Blosser, co-owner of Sokol Blosser Winery, asked for clarification. Blosser, a former chief of staff to Gov. Kate Brown, dropped his bid for City Council because it would require him to give up his ownership interest in his family’s winery. Worldwide Last week, Blosser described the rules as coming out of “Karl Marx’s handbook.”

This memo is currently Worldwidehas strict policies: Any other positions held by council members must be unpaid and must not interfere with the duties required of a council member. Council members are not allowed to actively manage businesses, own majority shares, manage rental properties, earn income from professional qualifications, or in some cases even perform the duties required to maintain such qualifications.

There are seven business owners across Portland running for City Council (and one for Mayor). We asked them what they would do with their businesses if elected. Here’s what six of them said:

Terrence Hayes, District 1

Co-Owner, Restore Nuisance Abatement

Hayes co-owns a graffiti removal company with his wife and, if elected, plans to transfer ownership and responsibility to her. “My wife and I run the company together,” he said.

James Armstrong, 2nd District

Co-owner and President of Alberta Eye Care

Armstrong, who co-owns an eye clinic in Northeast Portland with his wife, plans to transfer ownership to her outright if he wins the November election. “It’s a little nitpick in the 1913 rulemaking,” he said.

Debbie Kitchen, District 2

Co-owner of Interworks

Kitchen co-owns Interworks, a construction contracting company, with her husband, and if elected, she plans to sell her shares to him. “It’s often very difficult to sell a small business in the first place,” Kitchen said. “So I think it makes it a little bit difficult for small business owners.”

Will Mespert, District 2

Owner of Mespert Management

Mespert owns and operates a property management company, and if he wins he won’t be able to take on new clients, but he plans to work with city attorneys to find a way to keep his real estate license while complying with the rules.

Chad Lykins, 4th District

Owner of Rose City Chess

Lykins founded and owns Rose City Chess, which runs after-school clubs, camps and events. He has hired a full-time manager to take over if he wins and has already begun to transfer some responsibilities. He said he will comply with whatever the city attorney asks of him. “I’m making this sacrifice because I feel a calling to get back into policy work and believe the city needs a leader with policy experience who is deeply connected to the community.”

Mayor Keith Wilson

Owner of Titan Freight Systems

If elected, Wilson plans to enter into a buy-sell agreement with management, implement an employee stock ownership plan or transfer his ownership to a blind trust. This isn’t Wilson’s first time doing this: He ran for City Council four years ago, but had to consider giving up his ownership stake then too. “You can’t be great at two things at once,” he said. “We need a mayor who’s focused on turning the city around.”





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

Business

Home Depot (HD) earnings Q2 2025

August 19, 2025
Business

California passes bill to give insurance interest to homeowners

August 18, 2025
Business

How accounting could change profitability amid tariffs

August 18, 2025
Business

Versant to rename MSNBC, drop peacock logos

August 18, 2025
Business

Novo Nordisk offers diabetes drug Ozempic for steep cash discount

August 18, 2025
Business

Yieldstreet real estate bets leave customers with massive losses

August 18, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Consortium fears delay in N-55 project

August 19, 2025

House Republicans unveil aid bill for Israel, Ukraine ahead of weekend House vote

April 17, 2024

Prime Minister Johnson presses forward with Ukraine aid bill despite pressure from hardliners

April 17, 2024

Justin Verlander makes season debut against Nationals

April 17, 2024
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Consortium fears delay in N-55 project

August 19, 2025

India’s National Sports Governance Bill becomes an Act after President Murmu’s assent – Sport

August 19, 2025

China’s Lijian-1 rocket launches seven satellites-Xinhua

August 19, 2025
Most Popular

9th Drone World Congress 2025 kicks off in Shenzhen-Xinhua

May 24, 2025

China-SCO AI Cooperation Forum held in China’s Tianjin-Xinhua

May 30, 2025

Various events held across China to mark World Environment Day-Xinhua

June 4, 2025
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.