Governors endorse truss bridge for CRC project Part 1

On April 25, Washington Governor Chris Gregoire and Oregon Governor John Kitzhaber announced their plan to break ground on the Columbia River Crossing project in 2013... READ MORE: http://couv.com/issues-viewpoint/governors-endorse-truss-bridge-for-crc-project

14:00 Governor Kitzhaber: "I appreciate very much the concerns about financing expressed by my long-time friend Joe Cortright and others who shared his view, and I've taken that input seriously. Govenor Gregoire and I are absolutely committed to an inclusive, transparent, accountable process as we begin this new phase of project finance. Towards that end, we have directed the treasurers of our two states to work with their own bond experts and, if necessary with external specialists, to conduct an independent financial review of the CRC's financial options that would include an assessment of the strengths and weaknesses as well as the project's phasing schedules -- with contingency plans if some of the funding does not materialize. This review, which will be completed later this year, will then be followed by investment-grade analysis of the project financing."

Video recorded by US Digital spokeswoman Josephine Wentzel.

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News & Politics

Tags:

• Columbia River Crossing
• Governor Gregoire
• Governor Kitzhaber
• CRC
• I-5
• promises
• josephine wentzel
• joe cortright