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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.

 

  • Purcell Boulevard Northbound lane between Neff Road and Full Moon Drive (West side of the hospital) is closed until December 20th.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.