Wheeler: I-5 bridge financing would face several difficult hurdles

Portland Business Journal:

Oregon's treasurer said Thursday afternoon that financing for a revamped Columbia River Crossing proposal shouldn't emerge until several imposing hurdles are overcome.

Ted Wheeler, in a letter to legislative leaders Rep. Tina Kotek and Sen. Peter Courtney, said construction bonds "cannot and should not be approved and funds should not be expended until all requirements" spelled out in his missive are met.

Primarily, Oregon should have full governance over any tolls collected for the structure,…

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