Now I wonder if items such as this is why Trimet is going to go BANKRUPT

Oh yea I forgot, its all the UNIONS FAULT, stuff like plays no role:

Sell and issue the Bonds in one or more series and determine the principal amount of each series, as long as the aggregate principal amount of all series does not exceed $325,000,000.
http://trimet.org/pdfs/meetings/board/2012-12-12/Res-12-12-104.pdf