October 20, 2014
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Refinancing of nearly $1 billion in state debt projected to save $29 million over three years

Despite market volatility last week, the office of Washington Treasurer Jim McIntire locked in lower rates on $934.1 million in bonds. The refinanced bonds will save the state $29 million over the next 32 months from the operating and transportation budgets, The News Tribune reports. Over 17 years, the state will save $172 million, according to spokesmen for Treasurer Jim McIntire.

The "true interest" rates for the refinanced bonds ranged from 2.84 to 2.95 percent.



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GREEN ENERGY

Northwest must preserve salmon and hydro dams

By Terry Flores, executive director of Northwest RiverPartners

Last month at Bonneville Dam, an extraordinary coalition of Northwest tribes, government agencies and river users -- including farmers, businesses and utilities -- gathered to celebrate a landmark event for our region's iconic salmon.

This year's return of about 2.3 million salmon and steelhead to the Columbia River Basin shattered the modern-day record for total annual salmon returns -- an abundance we haven't seen since fish counting began at the dam more than 75 years ago.
Click here to read the full column
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