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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

 

 

  • Click on the link for the latest conditions on the mountain passes.

 

  • I-84,Troutdale MP 17 - 62, in the Coumbia Gorge remains closed. The highway is closed EB at Exit 17 in Troutdale. Trucks use US-26 to OR-35 as an alternate route.

 

  • Construction at 27th Street . Northbound Lane Closed from Ferguson to Bear Creek.  Detour in place.

 

  • 27th and Bear Creek Rd intersection varying traffic control changes

 

  • O.B. Riley Road South-bound lane closed south of Mervin Samples Rd (12/17)