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PORTLAND The TriMet board Wednesday unanimously approved $700 million in bonds to build a light rail line from Portland to Milwaukie, including a new bridge over the Willamette River.

In separate resolutions, the board voted on:

$159 million of capital grant receipt revenue bonds for the Milwaukie light rail
$63 million of payroll tax revenue bonds for the Milwaukie light rail
$500 million in revenue bonds to provide interim financing for transit-related projects including financing the Portland-Milwaukie Light Rail Project

Votes included plans to acquire property for the rail line.

A separate resolution authorized Kiewit construction company and HNTB Construction to begin preliminary design and engineering work on a bridge over the Willamette River.

Details:Portland-Milwaukie MAXproject

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