CGCC Plans Ballot Measure To Reissue Bonds

Columbia Gorge Community College in the November election will be seeking a reissue of the bond it used to purchase and build its Hood River campus and upgrade The Dalles campus in the early 2000s.  The reissue would not raise property tax rates in the CGCC district.  CGCC Marketing & Communications Director Tom Penberthy says the tax rate for the bond would stay at 27 cents per thousand dollars of assessed value, and bring the school $13 million for various facility improvements.  If the bond reissue is passed, the college will also receive a $5.5 million matching grant from the state.

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