CGCC Board Moves Forward With Treaty Oak Project
The proposed Treaty Oak Skill Center and campus housing project at Columbia Gorge Community College moved another step closer to reality as the school’s board of education approved moving forward with a $7.6 million bond sale if intergovernmental agreements with the City of The Dalles and Wasco County are approved. The IGA will outline the use of $3.5 million of enterprise zone money from the Google projects to help pay back the bonds for construction of the skills center at the College. The College has a seven-point-three million dollar grant from the state for the project, and has committed $3.8 million to construct college housing toward the required match that would be completed with the enterprise zone funds, but the state requires those monies to be in the bank by February 11, and for that to happen the bond sale needs to proceed by January 28. The subject is on the agenda for Monday’s meeting of The Dalles City Council, and is expected to be discussed by the Wasco County Commission this coming Wednesday. CGCC Manager of Marketing and Community Outreach Dan Spatz says under the proposed IGA, the school would receive one million dollars a year for bond payback from the enterprise zone funds once the project is completed.