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Washington gov. to sign Columbia River bond bill

February 16, 2006

SAN FRANCISCO (Reuters) – Washington Gov. Christine
Gregoire will sign a bill approved by lawmakers that clears the
way for the state to issue $200 million in general obligation
bonds for water projects, a spokeswoman said on Thursday.

Gregoire could sign the so-called Columbia River Plan bill
as early as Thursday afternoon, spokeswoman Holly Armstrong
said.

The bill ends years of debate between Washington state’s
farmers, fishing industry, power generators and local
governments over access to water from the Columbia River.

Debt authorized by the bill would finance efforts to
conserve water and build reservoirs.

Washington state would not likely sell any of the debt this
year, said Barton Potter, a spokesman for the state treasurer’s
office.


Source: reuters



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