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Bill Cunningham
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Bill Cunningham
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Local News


Call it a silver lining to our weak economy - the State of Oregon is able to take advantage of historically low interest rates and save 45 million dollars by re-financing some bonds. 
 
James Sinks with the State Treasury Department says many of the  large projects in Oregon are for transportation, education and public safety and some of those bonds have been re-financed at two-point-seven (2.7) percent. 
 
The state treasury has now saved more than 100 million dollars since the beginning of 2012 by just refunding bond to lower rates.
 
 

 

Traffic & Weather

 

 

 

King Solomon Lane closed between Ferguson Road and King David. (7/25)

 

Jones Road, full road closure between Bennington Lane and NE Butler Market Road. May 18 – August 18, local access only.
 

Oregon State University off-site improvements for intersection reconstruction, July 11 – August 3,    7 a.m. – 4:30 p.m., at intersection of Chandler Avenue and Yates Drive.

 

Orion Drive closed in two locations for sewer work; at the intersection with Avery Lane and between Desert Woods Drive and King Hezekiah Way.  From July 11 to Sept. 6. Detours marked.

 

Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July 11 – November.

 

R.A.B. Construction:

 

Murphy Road and Parrell Road closed with detours. (9/30)

 

Powell Butte Highway at Neff and Alfalfa Market Roads (8/31)

 
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