Loading…
Tuesday, September 30, 2014
Current Weather
Loading Current Weather....
Published: Monday, 7/4/2011

Port board OKs bond issue for wind turbines

The Toledo-Lucas County Port Authority board of directors has approved a $4.5 million “conduit” bond issue for two 750-kilowatt wind turbines to be erected at Clay High School.

The bonds will be backed by a lease between the Oregon City Public Schools District and Carpe Ventus VII LLC, which will own and operate the turbines.

The port authority will have no financial risk from the bonds.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories