Authorizes state bonds for Multnomah County Courthouse
SB 5506 provides bond funding for various capital projects around the State of Oregon. The new law includes $15 million for the Multnomah County Courthouse as well as statutory language clarifying that state bonds can be used for such a purpose. While the full cost of courthouse replacement will be much larger, the state contribution will support planning and design activities and creates a precedent for further state assistance with construction costs.
Creates Oregon Infrastructure Task Force
HB 2345 sets up a task force to investigate innovative financing mechanisms, including public/private partnerships, that might help facilitate major infrastructure projects such as the Multnomah County Courthouse.