John Ley & Lars Larson talk about paying three times the amount borrowed for the TNB Borrowing $684 million from Wall Street and the payoff could end up being $2 billion. “We could have purchased 3 bridges for what we’re paying for the Tacoma Narrows Bridge.” This is because the state chose to borrow the...
Gorsek and McLain push for new tolls & expanded commuter rail in 2025 session By Peter Wong Portland Tribune — Feb 12, 2024 Lawmakers seek a study of little-used freight rail corridors in the Portland metro area — plus a new look at commuter rail between Wilsonville and Salem — as part of a planning effort for...
‘Twas the night before Christmas as told by Vote Before Tolls Committee ’Twas the night before Christmas, and all though the landODOT was scheming, with a toll plan so grand;The Interstates and highways were not to be spared,nor new bridges of grandeur, lest ODOT’s coffers be bare; The ’17 legislature met and set up a...
The bill that would begin funding the I-5 bridge replacement got its first public hearing last week. Another is on Thursday. By Nigel Jaquiss — Willamette Week May 03, 2023 BILL OF THE WEEK: House Bill 2098 For 20 years, highway engineers on both sides of the Columbia River have fantasized about replacing the aging twin Interstate...
With looming debt and limited income are the OTC and ODOT willing to lose tolling? By TUALATIN CHAMBER OF COMMERCE APR 10, 2023 In Short Article 1 – The Oregon and Washington Legislators are currently working on a tolling agreement for the I-5 Bridge… and approval is eminent. This agreement enables them to agree upon...
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