The plan pledges $250 million per biennium in general obligation bond dollars over the next eight years to meet Oregon’s share of the project cost.
SALEM, Ore. — Hundreds of bills are racing to get across the legislative finish line in Salem this week, including an ambitious plan to cover Oregon’s portion of the cost of replacing the Interstate Bridge.
Washington State has already committed $1 billion toward the megaproject’s $6 billion price tag, and project planners have been asking Oregon to pledge the same amount before they start applying for federal funding this summer.
The legislature appears on track to get it done in
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