Last week, the state of Oregon and city of Portland reached a deal with U.S. EPA to provide up to $12M each to the Portland Harbor Superfund trust. This public contribution can be used by responsible parties who come forward to invest in cleanup of the ten-mile stretch of the Willamette River in downtown Portland and submit their cleanup designs to EPA by the end of 2019.
EPA expects the “cleanup” phase of the project to last 13 years and cost $1.05B, with payments from 100 responsible parties and counting.
“Our waters and our lands are some of our most precious resources, and this project will help ensure that they will be enjoyed by generations to come,” said Governor Kate Brown. “It’s a great example of how working together brings forward cost-effective solutions.”