OPERATING AGREEMENT FOR PGE PARKOperating Agreement • September 21st, 2020 • Oregon
Contract Type FiledSeptember 21st, 2020 JurisdictionThe City owns the multi-purpose stadium located at SW 18th Avenue and SW Morrison Street, formerly known as Civic Stadium and now known as PGE Park (the “Stadium”). The City entered into that Operating Agreement dated July 12, 2000 with Portland Family Entertainment Limited Partnership, an Oregon limited partnership (“PFE”). The City has terminated the Operating Agreement with PFE. BPB has acquired substantially all of the assets of PFE. BPB owns a AAA Baseball Team (the Portland Beavers) and an A League Soccer Team (the Portland Timbers) (the “Teams”).