Library Taxing District Campaign, Nearly Out of Cash, Borrows Big

Willamette Week:

The campaign for a permanent Multnomah County Library taxing district has already spent more than $1 million but is leaving nothing to chance in its effort to pass Measure 26-143 on Nov. 6.

Over the weekend, the campaign disclosed borrowing $300,000 from William R. Swindells, a local investor who earlier made a $100,000 contribution to the campaign. The campaign agreed to pay Swindells 3.5 percent interest on the loan.

Read the full article here. Discuss below.