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Oregon-only CRC could work

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Monday, September 09, 2013

An Oregon-only Columbia River Crossing project could be financially viable, a state treasury official says.

Laura Lockwood-McCall, director of the treasurer's debt management division, gave the opinion in a memo Tuesday to State Treasurer Ted Wheeler.

His blessing is crucial for success of the resurrected bridge, highway and light-rail project. Wheeler must approve an investment-grade analysis to protect bondholders and taxpayers from undue risk in replacing the Interstate 5 Bridge between Portland and Vancouver.

Read more at OregonLive.com.

 

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