Mark Levin

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Mark Levin

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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.
 
 
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  • NE 27th Street between NE Butler Market and Jill Avenue for roadwork related to roundabout construction, full road closure with detour, 4/13/20 - 7/27/20 
  • 15th Street between Knott Road and the new collector road for infrastructure installation, full closure of the roadway, 12/26/20 - 7/31/20 
  • Murphy Road between Brown Trout Place and Country Club Drive for roadwork related to Murphy Corridor project, bypass road constructed to provide Westbound/Eastbound traffic with minimal impacts to traffic, 4/17/20 - 06/12/20 

 

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