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Friday, September 27, 2013

State treasurer Ted Wheeler knows the whole reborn CRC is a bunch of hooey

Under an Oregon-led scenario, Oregon would be responsible for the collection of tolls, so I cannot over-state the importance of a legally enforceable tolling agreement with Washington that includes clear authority for Oregon to establish tolls, surcharges and late fees over the life of the bonds.
These agreements must withstand economic and political changes over three decades. These provisions must be satisfied before an Oregon-led project could be considered financially viable.
Wheeler Kicks CRC Can Down the Road

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