Tag Archives: State Bonds

Oregon Tech awarded $18 million for geothermal project

Oregon Institute of Technology (Oregon Tech) has successfully secured $18,160,000 in state bond funding to complete a full renovation of the university’s unique geothermal heating and hot water system at its Klamath Falls campus. This crucial funding will renovate the existing geothermal system that supplies the entire campus. Despite routine maintenance, the 60-year-old system was […]
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Oregon Tech awarded $18 million for geothermal project

Oregon Institute of Technology (Oregon Tech) has successfully secured $18,160,000 in state bond funding to complete a full renovation of the university’s unique geothermal heating and hot water system at its Klamath Falls campus. This crucial funding will renovate the existing geothermal system that supplies the entire campus. Despite routine maintenance, the 60-year-old system was […]
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Another funding piece found for infrastructure puzzle

The Oregon Legislature last week approved legislation committing the $1 billion needed for Oregon’s share of the Interstate Bridge replacement project. House Bill 5005 is now awaiting Gov. Tina Kotek’s signature. The bill authorizes sales of general obligation bonds for the project, beginning with $252 million initially and then $750 million over the next three […]
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Bend’s OSU-Cascades gets no funding from Legislature

The Oregon Legislature adjourned Sunday after approving more than $319 million in capital construction bonds, but allocating no money for Oregon State University-Cascades’ proposed $60 million health and recreation center. One of the last bills considered before the House and Senate concluded the 160-day session on Sunday was House Bill 5006A, which approved bonds for […]
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Oregon Gov. Kotek balks at plans for $1 billion Interstate 5 bridge bond

Kotek wants to use state-issued bonds for affordable housing projects. Gov. Tina Kotek isn’t on board with legislative plans to commit $1 billion in state-issued bonds to replace the Interstate 5 bridge connecting Oregon and Washington. Lawmakers on the Joint Transportation Committee this week previewed plans to issue $1 billion in general obligation bonds for […]
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Oregon State Treasury completes nearly $1 billion bond sale, offers residents opportunity to invest in state 

The Oregon State Treasury recently completed a $990 million General Obligation (GO) bond sale through its Buy Oregon Bonds Program. Proceeds from the sale will fund projects for affordable housing, facility improvements at K-12 schools and state universities, and emergency readiness. Source: Oregon State Treasury completes nearly $1 billion bond sale, offers residents opportunity to […]
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Never-opened $300 million-plus biofuels refinery facing foreclosure in southern Oregon

A much-hyped but yet-to-be-completed aviation biofuels refinery in southern Oregon appears to be headed for foreclosure after backers failed to make principal and interest payments on some $300 million in debt.Red Rock Biofuels launched efforts nearly a decade ago to build the cutting-edge facility in Lakeview but repeatedly ran into obstacles, even as project skeptics […]
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Oregon State University announces $200M education and research center aimed at technology industries

The center, to be funded in part by $100 million in donations, is expected to open in 2025. Oregon State University announced a new $200 million research and education center on Friday, focused on supporting the semiconductor and general technology industries in the region. The center will be launched by $100 million in donations.The university […]
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Oregon State Treasury completes $721 million in bond sales to fund wide variety of projects

Affordable housing, drinking water improvements, schools and earthquake readiness are just a few of the projects that will be funded, thanks to Oregon State Treasury’s recent $418 million general obligation bond sale on behalf of the state. The recovery of Lottery sales permitted a long-awaited sale of $218 million bonds for the state’s Lottery program, […]
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More power, better restrooms and new visitor centers – Oregon parks to get major upgrades

With $50 million from state bonds, the Oregon Parks and Recreation Department tackles upgrades next spring. The electrical system at Beverly Beach State Park on the Oregon coast hasn’t kept pace with the ever-growing size of RVs pulling into the campground. When a circuit blows, repairs aren’t easy. Source: More power, better restrooms and new […]
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