March 12, 2013

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Oregon governor to sign CRC funding bill

Oregon Gov. John Kitzhaber on Tuesday will finalize his state’s commitment to funding the Columbia River Crossing.

In a ceremony set for this morning, Kitzhaber will sign House Bill 2800, which authorizes Oregon to borrow $450 million and pay its state share of the $3.4 billion CRC. The bill cleared both the state House and Senate earlier this year.

The Washington Legislature has yet to commit money to the CRC, which would replace the Interstate 5 Bridge, rebuild freeway interchanges and extend light rail into Vancouver. Other funding would come from federal sources, and revenue from charging a toll on I-5.

Project leaders hope to begin construction by late 2014.

Read more: http://www.columbian.com/news/2013/mar/11/oregon-governor-sign-crc-funding-bill/