The Portland City Council is considering a proposal to address concerns from residents about a planned Live Nation concert venue.

Mayor Mark Dion says the proposal calls for Live Nation to pay a community benefit fee, which is a logical next step.

“It’s a little early, but that’s the direction we’re going in,” I think everybody’s concluded the venue will happen. So, what’s our relationship to that idea moving forward?

The proposal would require Live Nation to contribute a percentage of ticket prices to support public transportation, local small venues and local artists.

It’s being seen as common ground effort to allow the concert venue to move forward while satisfying complaints from the community.

The city council had placed a six-month moratorium on any plan to move forward with the venue.

But Dion thinks the moratorium could be done away with, as council members are warming up to the new proposal after an uprising against the venue from the arts community.

“I think they’re very aware or sensitive to the cries from the local performing arts organizations that somehow the presence of this venue will be destructive, if not fatal, to their long-term wellbeing as businesses,” Dion said.

The city Economics Committee is fine tuning details of what’s called the Entertainment Sector Benefit Agreement, which would place requirements on venues with more than 2,000 seats.

The Live Nation concert venue would have 3,300 seats if built.

Dion thinks the venue will be an economic boon for the downtown Congress Street corridor.