Edit: have a taker, thanks all!
#pdx friends: would you like, or do you know someone who'd like, a free bicycle? My dad bought this one for $50 just to get the fenders it came with, and would like to find it a new home.
It's a Schwinn Varsity Sport, 21" step-through frame, built in January 1973. This was a daily rider from the previous owner, and dad did some minor maintenance work — it's ready to ride.