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P age A4
A pril 20, 1994 • T he P ortland O bserver
University District Planned For Downtown
Portland com m unity leaders un
veiled a broad plan that w ill shape the
redevelopment and growth o f the
neighborhood in and around Port
land State U niversity (PSU) U niver
sity (PSU) in the c ity ’s south dow n
town district.
Business, neighborhood and uni
versity o fficia ls presented the plan,
“ V ision for a U niversity D istrict: A
W orking concept,” at Smith M em o
rial Center on the PSU campus. The
plan marks tw o years o f collaboration
among university o fficia ls, neighbor
hood representatives and key com
m unity leaders.
“ This is a plan that has substan
tial com m unity support. I t ’s a plan
that makes sense for PSU and its
neighbors,” said Don M cClave, ex
ecutive director o f the Portland M et
ropolitan Chamber o f Commerce.
The U niversity D istrict concept
grew out o f the 1988 Central C ity
Plan, which sets future planning goals
invo lvin g commerce, transportation
and cultural activities in Portland’s
core area. In the next several months,
after incorporating extensive public
comments, city planners and comm u-
nity leaders w ill present a formal
U niversity D istrict Plan to the Port
land Planning Com m ission. Upon
commission approval, theplan would
then be reviewed and voted on by
Portland C ity Council.
Architect's depiction of proposed University Plaza, looking west from
Southwest Montgomery Street.
Public comment on the proposal
is welcomed. Maps, diagrams and
details o f the U niversity D istrict pro
posal w ill be on public display on the
PSU campus from A p ril 13 through
M ay 31 in Room 238 (the Browsing
Lounge) o f Smith M em orial Center,
1825 SW Broadway.
The U niversity D istrict covers
52 square blocks bordered by South
west M arket Street on the north, In
terstate 405 on the west and south,
and Southwest Fourth Avenue on the
east.
The U niversity D istrict concept
not o n ly o utline s future campus
Key Bank Of Oregon Assumes Deposits Of
Far West Federal Savings Bank Branch Offices
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Key Bank o f Oregon’ s bid to
acquire the insured deposits o f 21 o f
the 40 branches o f the Portland based
former Far West Federal Savings Bank
has been accepted by the Resolution
Trust Corporation (RTC). Far West
Federal was closed today by the RTC
w hich took control o f the institution
in M ay o f 1991.
One o f six successful bidders,
Key Bank acquired 19 branches in
Portland and surrounding areas and
tw o branches in M edford. The as
sumption gives Key Bank more than
50,000 new accounts and $418.3 m il
lion in new deposits. “ Less than 10
years ago, Key Bank entered Oregon
after acquiring the Bank o f Oregon in
W o o d b u rn ,” co m m e n te d T ed
W innow ski,CEO andChairm an,w ho
has been w ith the bank in the state
w ith assets o f more than $2.7 b illio n
and more than 80 branches from Port
land to M edford. This acquisition
complements our ongoing efforts to
expand our customer base and in
crease our delivery o f quality finan
cial services in the market,” contin
ued W innow ski.
Key Bank has an excellent acqui
sition track record. In addition to the
o riginal acquisition o f Bank o f O r
egon that brought Key Bank to the
state, Key was successful in acquiring
BeaverState Bank.PacWest Bancorp,
Citizens V alley Bank, Western Secu
rity Bank and Lew is and Clark Bank.
Key B ank’ s most recent acquisition
occurred the first o f this year w ith its
acquisition o f the form er Jackson
C o u n ty Federal B ank based in
Medford.
Key Bank o f Oregon assumed
operations o f the 21 form er Far West
Federal branches at the close o f busi
ness today. Branch location acquired
by Key Bank are: Aloha, Beaverton
Beaverton Tow n Square, Clackamas,
Gresham, H illsboro, K ing C ity, Lake
G ro v e , M e d fo rd , B la c k O ak
(M edford), M ilw au kie, Oak Grove,
C olum bia Square, Gateway, West
Burnside, Standard Plaza, L lo yd Cen
ter, Portland M ain, Progress, Tigard,
and Tualatin. T w o o f the branches,
Lloyd Center and Gateway which
operate Saturday hours, w ill reopen
tom orrow as branches o f Key Bank.
The rem aining branches w ill reopen
as Key Bank continue to be insured up
to the maximum allowed by the FD IC
and further backed by the financial
strength o f KeyCorp, Key Bank’ s
parent company, the eleventh largest
bank holding company in the na
tion ”
W ith in the next few days, form er
Far West Federal customers w ill re
ceive a letter explaining Key Bank’ s
acquisition o f their accounts. “ Our
top p rio rity is a smooth transition for
our new customers. W e want to as
sure them there w ill be no interrup
tion o f service. In fact, not o nly w ill
there be no interruption o f service to
our new customers, but they w ill dis
cover that there w ill be many new
services, additional banking offices,
and A T M ’ s now available to them,”
added W innow ski.
Other KeyCorp subsidiaries with
offices in Oregon include Key Services
Corporation, a data processing facility;
KeyCorp Mortgage, a full-line national
mortgage firm; and Key Trust Company
o f the Northwest. KeyCorp(NYSE:KEY)
has assets o f nearly $60 billion and total
shareholders’ equity o f $4.4 billion.
Headquartered in Cleveland, Ohio, the
company is comprise of full-servicecom-
mercial banks and related financial ser
vice companies with more than 1,300
branches and affiliated offices in 18
states. Its related financial service com
panies provide such services as invest
ment management and trust, equipment
leasing, and securities brokerage to the
existing banking franchise and other se
lect markets.
PSU is not highly developed and is
w aiting to have its own identity,” said
architect Kent D uffy o f SRG Partner
ship, Portland. “ O f a ll the areas o f the
dow ntow n core, the university area is
least defined. A higher use could be
put on that land."
D u ffy is one o f 15 members o f an
Association fo r Portland Progress
U niversity Task Force that has been
instrumental in developing and cor
rallin g com m unity support fo r the
U niversity D istrict concept.
PSU already has spent months
reviewing aspects o f the proposal with
neighborhood groups, and has begun
extensive discussion o f the concept
w ith local businesspeople, said L in d
say Desrochers, vice president for
PSU’ s O ffice o f Finance and A d m in
istration.
The plan calls fo r improved trans
portation links to PSU, which attracts
5 m illio n visitors a year. C om m unity
and university planners envision the
creation o f an oval U niversity Plaza
Southwest Fifth Avenue and
between Southwest F ifth and Sixth
avenues along Southwest M ontgom
growth but also sets general goals to ery Street. The plaza, which would
im prove housing, transportation, re include a landmark clock tower, would
tail services, business development serve as a transit center and public
opportunities and cultural amenities gathering place-an eastside gateway
in the area. The plan w ill cla rify to the campus.
For more inform ation on the
zoning and provide clear direction on
U niversity D istrict proposal call the
how the area should be developed.
“ The urban environment around PSU Facilities O ffice r at 725-3738.
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x -c o n v ic ts
Embracing-Life
First Annual Celebration; April
29th At The Miracles Club; 7011
N. Killingsworth; 7:00pm -12
X C E L was formed one year ago
by men and women who had lived
crim ina l lives, but since turning their
lives around, desire to give back to the
com m unity and to support others who
desire to make a change in their lives.
O ur first meeting was held A p ril 29,
1993, at the Im ani House on N.E.
M allory. X C E L is celebrating its first
year w ith a speakers meeting, con
cert, dance, and m ini-fashion show,
at the “ Miracles C lub” where X C E L ’ s
regular mcctingsare held every Thurs
day, 5:30-7:00p.m.
The speakers for our anniversary
arc held in high regard fo r having
turned th e ir liv e s around: Fred
Bennett, Stay Clean D ir.; Pat Ford,
Student and Com m unity A ctivist.
We w ill have live music, a m in i
fashion show, and w ill crown the
king and queen o f recovery. The mu
sicians w ill include some o f Portland’s
Finest: Gene Smith- M.C. and Alto Saxist;
Lawrence (Hakim SharicQ-Keyboards;
Terrence Wootcn-Guitar.
Come H elp Us Celebrate
T ic k e ts : $3.00 ($2.00 fo r those
in treatment)
For Tickets or Inform ation C all:
Freddie McGee 833-0366; Nabcch
Mustafa 284-9783; Miracles C lub
735-1795
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2nd Annual “Daughters Day” To Introduce
Young Women To The Work Place
Young women w ill have achance
to experience a variety o f work places
on A p ril 28, 1994 when Oregon w ill
participate in the second annual Take
Our Daughters T o W ork Day. The
event is sponsored nationally by the
Ms. Foundation.
A number o f local organizations
w ill coordinate work place field trips
fo r young women ages 9 to 17 all
around Oregon. Participants include
small business owners, Bonneville
Power Adm i n islration, the Governor’ s
O ffic e , K ey B ank, the State o f
Oregon’s O ffice o f M in o rity, Women
and Emerging Sm all Businesses, T ri-
Met, U.S. Bank, U S West Women,
The Urban League G u ild , and The
W om en’ s Foundation o f Oregon.
The event is designed to give
young women a first-hand experi
ence w ith the w o rk p la ce and
dem ystify career fields where women
have
t r a d itio n a lly
been
underrepresented.
The M s. F o u n d a tio n has d e
te rm in e d th a t yo u n g w om en b e
tw een the ages o f 9 and 15 s u ffe r
th e ir lo w e s t p o in t o f s e lf esteem.
“ W e hope the e ven t w ill raise
young w o m e n ’ s s e lf esteem and
encourage them to b e lie v e they
can succeed in a ny fie ld they
ch oo se,’ said U rban League G u ild
V ic e P re sid en t Faye B u rch . “ I t ’ s
also an o p p o rtu n ity fo r e m p lo ye rs
to m eet th e ir fu tu re w o rk fo rc e .”
Young women w ill experience
the work environments o f small busi
ness owners, public servants, physi
cians, bankers and many other pro
fessions.
The Urban League G uild, the
G overnor’s O ffice and the O ffice o f
M in o rity , W om en and Em erging
Small Business w ill sponsor ¿in after-
w ork reception form 5;00 to 7:00p.m.
at the Urban League, 10N. Russell St.
in Portland. A ll young women and
sponsors participating in “ Daughter’s
D ay” are invited to come and share
their experiences. Last year’s event
drew more than 75 people, including
a sponsor and daughter who were
selected for the 1995 Ms. Foundation
calendar comm em orating the first
“ Daughters D ay” . Invited guests for
the reception include Governor Bar
bara Roberts and state representa
tives MargaretCarterand Avel Gordly.
Those attending the reception are
asked to RSVP w ith M ike Pullen at
280-2615.
Independence Is Planned For, Not Given
Buzzwords! D on’ t you love Buzz
words. Every generation has them
and these words seem to take on a
meaning that is wrapped in reality.
Forcxamplc,dysfunctional. Nowclose
your eyes and say dis-funclion-al, do
you sec the bogeyman. And, what
about Baby-Boomers. I close my eyes
and sec an army o f low fat dieters,
new parents jo in in g the life begins at
40 club, and older parents sitting in
rocking chairs. Get the picture? We
seem to shape things around us w ith
buzz words. The latest is Indepen
dence. W hew! What a concept! And
advertisers w ill tell us that i f we buy
into their condos, retirement centers,
and services we w ill guaranty our
Independence.
“ Poppy-Cock and garbage-Can.”
(Tw o o f m y favorite Buzz words for
everything). I don’t believe Indepen
dence is something you buy into I
believe we plan for it. We a ll depend
on things and people, but the trick is
to always try to put ourselves in a
position o f when, where, and how we
depend on these things and people. I f
we can control that we w on ’ t become
dependent and there is a difference. I f
we choose the things and the people
we depend on we are in control. I f we
are dependent on things or people we
put ourselves in danger o f losing con
trol.
Let me give an example. Last
month m y car broke down and my
husband was out o f town. I live in
Scappoose and I depend on m y car to
get to work. I started to call the office
and take the day o ff. It was then I
remembered something one o f my
Senior friends had told me, “ when
they took m y car I lost my Indepen
dence” . Now i ’ve been saying that
you must plan fo r Independence by
not becoming dependent on anything
and it was tim e to put into practice
what I believe. I decided to get to work
w ithout my car and w ithout help from
fam ily and friends. I had three choices,
w alk to w ork (32 m iles)hitchhike, or
take a bus. By practical elim ination I
chose the bus. W hat an exhilarating
e x p e rie n c e . G re y h o u n d com es
through Scappoose once a day at
10:45. It stops at the BP station, and
that’s where I must be to catch it. So,
I put on my heavy coat and boots and
started o ff. I rode the bus into Port
land and transferred to a T ri-M e t bus
to continue m y journey. I fin a lly ar
rived at w ork around 2:30 that after
noon. What an experience!!!! I learned
about overworked bus drives, correct
change, and people in a hurry. But, I
proved I could get to w ork on my own
and w ithout my car. I remained in
control and d id n ’ t allow m y car to
stop me from going.
And so, we can all prepare fo r the
broken cars in our lives. Know ing
when to make changes to preserve our
Independence and when to ask for
help to remain Independent is im por
tant. I f our home o f 20+ years is now
too big to take care o f because the kids
have grown, think about moving. Sure
it ’ s hard to give up the fa m ilia r filled
w ith memories. But, memories live
on in our hearts and we carry them
wherever we go. Choosing your own
smaller home is better than allow ing
fam ily or agencies to put us where
they think we should be. Remember
you arc King/Qucenin your own home,
big or sm all, you make the rules. Are
you beginning to see the picture?
Independence is you and I m aking the
chooses.
Oregon Colleges Sponsored
Multi- Cultural Fair
Six independentOrcgon Colleges
invited m in ority high school students
to explore college options fo r admis
sions and financial aid at the second
annual James DcPreist M ulti-C ultural
College Fair, Saturday, A p ril 23, in
the Earle A. Chiles center. U niversity
o f Portland.
College sponsors were Lew is &
C lark College, L in fie ld College, Pa
c ific University, Reed College, U n i
versity o f Portland and W illam ette
U niversity. Other sponsors included
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Ethnic Cultures Consortium o f O r-
cgon,Tri-M et,Costco and Fred Meyer
One-Stop Shopping.
“ W e wanted to reach out to m i
nority students, to inform them about
the College selection process and let
them know about financial aid and
college life at Oregon’ s outstanding
indcpcndcntcolleges,” said Ray W ar
ren, director o f ethnic student ser
vices at Lew is & Clark College. “ M i
nority students arc often unaware o f
the variety o f institutions in Oregon
and the options available to them to
pursue their education. We have a lot
to o ffe r ethnic m in ority students, and
they have a lot to offer our colleges.”
Speakers in c lu d e d W illia m
H illia rd , editor o f The Oregonian,
Stella Manabc, director o f academic
support programs at Northwestern
School o f Law o f Lew is & Clark
College; Keith Lee, vice president o f
C h in ’ s Im p o rt/;E xpo rt; and Terry
Russell, human resources assoc ¡ate at
the state D cpartm cntof Environm en
tal Q uality.
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