Port of Hood River Commissioners voted to proceed with applying for a $195 million dollar multimodal projects discretionary grant for replacement of the Hood River-White Salmon Interstate Bridge.  That would be a major cornerstone towards the estimated $500 million that would be needed to replace the bridge.  Port Commissioner Mike Fox says they are trying to take advantage of a decision by officials working on replacement of the Interstate 5 Bridge in the Portland metro area not to seek funding during this grant cycle.  There is a short turnaround time to submit the application, which is due on May 23.  A conceptual finance plan would include the $195 million federal contribution, $110 million each from Oregon and Washington, and local Port contribution funded by tolls of $85 million.