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PORT OF ASTORIA, OR
On April 27th, 2021, the State of Oregon recorded its first digital municipal loan on the Alpha Ledger blockchain platform, ushering in a new era in municipal financing.
ALAN CRAIN
Kitsap Bank
DETAILS
Port of Astoria - Full Faith & Credit Refunding Financing Agreement and Note, Series 2021
Refunding of Capital construction and improvements to the Ports Pier 1 Building. Improvements included electrical upgrades, a new phone system, and remodeling of suites.
AMOUNT RAISED
$1,345,000.00
SETTLEMENT DATE
April 27, 2021
MATURITY TERM
June 15, 2035
ISSUER
Port of Astoria, OR
MUNICIPAL ADVISOR
SDAO Advisory Services, OR
BOND COUNSEL
Mersereau Shannon LLP, OR
LENDER
Kitsap Bank, WA