Back Issues: June 14, 2017

Port of Camas-Washougal commissioners hold special meeting June 16

Wednesday, June 14, 2017

The Port of Camas Washougal Commission will hold a special meeting on Friday, June 16, at 3:30 p.m., at the Port Offices at 24 South A St., Washougal. The public open session is at 3:30 p.m., followed by an executive session.

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Port of Vancouver USA issues $30 million in revenue bonds

Wednesday, June 14, 2017

Late last month the Port of Vancouver USA issued its second series of revenue bonds, totaling $30 million. Thanks to strong order activity, the port’s “A stable” credit rating and favorable market conditions, the port received an interest rate that will save $4.2 million over the life of the bonds.

The port has issued general obligation bonds in the past, which are secured by a municipality’s pledge to use legally available resources, including taxes collected, to repay bond holders. Revenue bonds are different; the guarantee of repayment for these bonds is solely from operating revenues rather than from taxes.

Acquisition of the 2017 revenue bonds allows the port to complete major projects such as the West Vancouver Freight Access Project and for acquisition, improvements and repairs to port properties and facilities.

The port’s Board of Commissioners voted unanimously last December to adopt a resolution authorizing the issuance of 2017 revenue bonds. These bonds are the second in a series of three major debt issuances that support the port’s capital program, which aligns with the port’s Strategic Plan. The port plans to issue the third and final series of bonds next year, issuing between $15 and $25 million.

 

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Military History Talks June 15

Wednesday, June 14, 2017

The next installment of Military History Talks is Thursday, June 15. Local historian James Moody will give a presentation on the Spanish American War. The series is presented by the Vancouver Barracks Military Association (VBMA), and hosted by Fort Vancouver National Trust.

Many people associate the Spanish American War with Teddy Roosevelt and the Rough Riders charging up San Juan Hill, in Cuba. Fewer people know that the Spanish American War was fought in the Western Pacific, in places like Guam, and the Philippines. Moody knows a lot about that part of the war, and the conflict that raged afterward, because one of his ancestors fought there.

Military Talks are typically held on the third Thursday of the month from April through October, from 6:30 to 7:30 p.m., at the Marshall House, 1301 Officer’s Row. The VBMA was founded in 2012, by local veterans that seek both to preserve the Barracks and to promote the site’s value as an historical landmark. The talks are free, but RSVPs are requested to president@vbma.us.

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World Forestry Center Discovery Museum offers free admission June 17

Wednesday, June 14, 2017

As a thank you to the community for its support throughout the years, the World Forestry Center Discovery Museum is offering free admission for everyone on Saturday, June 17, from 10 a.m. to 5 p.m. This is one of the quarterly free days the museum is offering this year.

Located in Portland’s beautiful Washington Park, the 20,000 square foot museum is sure to delight anyone from ages three to 103. Visitors will be both educated and entertained as they learn about the importance of forests and trees in our lives, as well as environmental sustainability.

Built in dramatic Cascadian style architecture, the stunning Discovery Museum has been a Portland icon since 1971. Visitors can take a wet-free raft ride, see the forest from a bird’s-eye-view, learn about different people who work in the forest, and “travel” to Russia, China, South Africa and Brazil to discover how those regions are utilizing their forests and facing challenges.

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