An olive branch offered by the City of Portland to the Trail Blazers has been rejected by the team as the two sides remain far apart in arena lease negotiations.On Friday, Portland City Council president Jamie Dunphy sent a letter to Blazers president Dewayne Hankins, inviting him to attend a work session Thursday with the 12-member council to address the team’s concerns about the term sheet delivered by the city.“I’m reading in the media that the Blazers would like to see some changes made to the draft term sheet that the City Council provided you last week,’’ Dunphy wrote to Hankins. “It would be extremely helpful if you and your team joined our work session to help me and my colleagues understand your needs.’’Dunphy said the Blazers have informed the council they would not be represented at the work session scheduled for 2-5 p.m. PT.“We have been told verbally by the Blazers leadership that they will not be attending and that they will not be responding to my invitation in writing,’’ Dunphy told The Athletic. “Additionally, we still have not received any requested documentation ahead of our work session. Without that information, or the participation of the Blazers, I’m not sure what purpose the work session can even serve. Very disappointing.’’The city council is scheduled to vote Aug. 12 on the term sheet for a 20-year lease of the Moda Center. New owner Tom Dundon said he would sign a 20-year lease with the city if the team was given nearly $575 million in public funding. The state legislature in March passed a bill that would award $365 million, contingent upon the city and county providing $208 million in additional funding to upgrade the 31-year-old Moda Center.