Umpqua Bank gives $25,000 for park repairs
Parks bureau still assessing damage from Occupy Portland camp
Umpqua Bank has announced it will donate $25,000 to help repair the damages to Chapman and Lownsdale squares caused by the Occupy Portland camp.
"Umpqua's extraordinary contribution is an expression of how a local company cares for its community," says Parks Commissioner Nick Fish, who is leading the charge to raise private funds to repair the squares through the nonprofit Portland Parks Foundation.
Fish says that near 100 individual donors have also made contributions to the Restore Our Historic Squares fund ranging from $10 to $100, for a total of around $7,000.
"Following the Occupy Portland encampment in downtown's Chapman and Lownsdale Squares, we heard from many people who wanted to contribute financially to the restoration of the parks," says Fish.
Preliminary estimates place the repair costs at between $50,000 and $100,000. Parks officials are still assessing the damage, however, including testing the soil at locations where contamination may have occurred, including the area where the kitchen was stationed.
Umpqua Bank is largest state-chartered community bank. It was started as South Umpqua State Bank in 1953 in Canyonville, Ore., primarily to allow lumberjacks to cash their payroll checks. Since then it has grown into a full-service bank offering a range of banking, mortgage banking and other financial services to individuals, corporations and institutions.
Donations are being accepted at www.portlandparksfoundation.org