|Coupon5.125||Rating-/ A||Maturity09/01/2040||OR||Price101.355||–||Yield to Call4.949(c)||Yield to Maturity5.038|
|Use of Proceeds||HOSPITALS|
|Revenue Type||REVENUE ONLY|
|Original Issue Discount||LONG TERM|
|Day Count Basis||30/360|
|DTC Eligibility||DEPOS/WDRW CHILLED|
|First Coupon Date||03/01/2010|
|First Settlement Date||09/30/2009|
|Escrow to Maturity||NO|
|Subject to AMT||NO|
More Municipal Bond Information:
Multnomah County is one of 36 counties in the U.S. state of Oregon. Though smallest in area, it is the most populous as its county seat, Portland, is the state’s largest city. In 2006, the county’s population was 681,454. The county was likely named after Native American people first recorded in the journals of the Lewis and Clark Expedition, Mulknomans, who lived in a village on the east side of present-day Sauvie Island. (An alternative theory holds that Multnomah is a corruption of nematlnomaq, meaning down river.)Multnomah County (the thirteenth in Oregon Territory) was created on December 22, 1854, formed out of the eastern part of Washington and the northern part of Clackamas counties. Its creation was a result of a petition earlier that year by businessmen in Portland complaining of the inconvenient location of the Washington County seat in Hillsboro and of the share of Portland tax revenues leaving the city to support Washington County farmers. County commissioners met for the first time on January 17, 1855.
According to an Oregonian article, the entire county council was recalled in 1924.
At various times in the 20th century, an initiative has been placed on the county ballot to merge Portland with the county government. None of these proposals have been approved.
Multnomah County Economic News:
|Multnomah County, Oregon|
Location in the state of Oregon
Oregon’s location in the U.S.
|Founded||22 December 1854|
|466 sq mi (1,207 km²)
435 sq mi (1,127 km²)
30 sq mi (78 km²), 6.53%
1,518/sq mi (586/km²)
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