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Controversy Continues Regarding Lease for Oregon LNG Terminal Site

New details regarding the Port of Atoria’s lease agreement with Oregon LNG are raising new questions from critics. The price of the lease reportedly was based on a property appraisal that was completed prior to rezoning of the site to allow it to be used
November 9, 2009

New details regarding the Port of Atoria’s lease agreement with Oregon LNG are raising new questions from critics. The price of the lease reportedly was based on a property appraisal that was completed prior to rezoning of the site to allow it to be used for an LNG terminal, which presumably would increase the site’s value. The Daily Astorian reports that the relevant leases, executed in 2004, stipulate that the site must be reappraised every five years. The report also provides details regarding the Port’s efforts to secure the leases, including documents recently released by the U.S. Department of Justice.

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