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Treasurer Says Oregon Should Borrow Money for Infrastructure Projects.

Mail Tribune (Medford, OR)

| October 16, 2001 | COPYRIGHT 2007 Mail Tribune. (Hide copyright information)Copyright

Byline: Greg Stiles

Oct. 16--Consumers aren't alone in their opportunity to take advantage of low interest rates that create extra cash flow.

State Treasurer Randall Edwards told a Chamber of Medford/Jackson County forum gathering on Monday that this is a prime time for Oregon to borrow money for infrastructure projects.

"Right now it's very inexpensive for the state to be borrowing money and we should be capitalizing on it to the greatest degree we can," Edwards said at Rogue Valley Country Club.

Edwards suggested the state could double its $400 million transportation package through the sale of Garvey Bonds, which give states access to …

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