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| Overview |
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In 2005, the Oregon Legislature authorized $100 million for Oregon’s Multimodal Transportation Fund to invest in air, rail, marine, and transit infrastructure. This first authorization, also known as ConnectOregon I, currently has 41 projects. All the projects in this first program are, at the very least, in the design phase with seven under construction and three near completion.
Oregon Laws 2005, Chapter 816, lists the kinds of projects that were eligible for funding through ConnectOregon I. Projects eligible for funding from the State Highway Fund were not eligible.
Projects in all corners of the state were considered. The legislation established five regions across Oregon counties and required that at least 15 percent of the proceeds be allocated to each of the five regions.
Projects were reviewed using the considerations outlined in Oregon Laws 2005, Chapter 816:
- whether the project reduces transportation costs for Oregon businesses;
- whether it benefits or connects two or more modes;
- whether it is a critical link in a statewide or regional transportation system;
- how much of the cost can be borne by applicants;
- whether the project creates construction and permanent jobs in the state; and
- whether the project is ready for construction.
Projects were selected by the Oregon Transportation Commission based on recommendations of modal committees.
The Department of Administrative Services sold the bonds and deposited proceeds into the Multimodal Transportation Fund.
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