Oregon to spend $50 million on new campsites, park imprvmnts
In an incredibly generous act, the 2021 Oregon Legislature approved the issuance
of $50 million in General Obligation bonds to fund state park facility improvements. Debt
Service on these bonds will be paid with state general funds instead of requiring park funding to
cover this cost. This funding will focus on improving or replacing facilities and infrastructure,
as well as modernizing and expanding some campgrounds.
The agency will receive two disbursements of $25 million each, with the first occurring May
2022 and the second in March 2023. These funds must be spent within three years of payout.
...Capital Improvement and Renewal: $50,000,000 Other Funds (Article XI-Q Bonds) is approved
to finance the capital costs of making improvements to facilities in multiple Oregon state parks.
The project includes improvements or replacements to facilities and related infrastructure such
as buildings, water systems, septic and sewer systems, electrical systems, restroom and shower
facilities, as well as modernizing and expanding campgrounds.
Sure happy Oregon prefers using the traditional definition of "infrastructure".
For list of projects--
https://www.oregon.gov/oprd/CAC/Documents/2021-11-8a.pdf
News article--
https://www.oregonlive.com/travel/2021/11/oregon-state-parks-to-spend-50-million-on-new-campsites-park-improvements.html
of $50 million in General Obligation bonds to fund state park facility improvements. Debt
Service on these bonds will be paid with state general funds instead of requiring park funding to
cover this cost. This funding will focus on improving or replacing facilities and infrastructure,
as well as modernizing and expanding some campgrounds.
The agency will receive two disbursements of $25 million each, with the first occurring May
2022 and the second in March 2023. These funds must be spent within three years of payout.
...Capital Improvement and Renewal: $50,000,000 Other Funds (Article XI-Q Bonds) is approved
to finance the capital costs of making improvements to facilities in multiple Oregon state parks.
The project includes improvements or replacements to facilities and related infrastructure such
as buildings, water systems, septic and sewer systems, electrical systems, restroom and shower
facilities, as well as modernizing and expanding campgrounds.
Sure happy Oregon prefers using the traditional definition of "infrastructure".
For list of projects--
https://www.oregon.gov/oprd/CAC/Documents/2021-11-8a.pdf
News article--
https://www.oregonlive.com/travel/2021/11/oregon-state-parks-to-spend-50-million-on-new-campsites-park-improvements.html
