Lars Larson

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Lars Larson

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(Hillsboro, OR)  --  Intel is asking Oregon for 300-million dollars in tax-exempt bonds to help finance a Hillsboro water project.  The bonds could save the firm millions on the 600-million-dollar facility, but Intel may not get them.  The Oregonian reports that the state can only issue so many of that class of bond and may decide to hold onto them for use in affordable housing.  Intel reportedly uses three-billion gallons of water each year at its Hillsboro factory, and the water project is seen as a way to cut that by a third or more.

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