Emergency Reports | News Releases | Sports | Participants
Sort by: Date | Category
Spokane/East. Wash/North Idaho News Releases for Fri. Aug. 22 - 6:42 am
08/21/14
Back to School / Open House Nights in Clarkston
Clarkston School Dist. - 08/21/14
CLARKSTON, WA - Tuesday, August 26 is the first day of school for students in Clarkston. As students and teachers gear up for the new school year, back-to-school nights and open houses are scheduled at each school building. This year's schedule is as follows:

* Grantham Elementary: Open House on Monday, August 25, 6:00-7:00 PM
* Heights Elementary: Welcome Back Ice Cream Social on Monday, August 25, 6:00-7:00 PM. A Parent Night will also take place on Tuesday, September 9 at 6:00 PM.
* Highland Elementary: Welcome Back Popsicle Party on Monday, August 25, 6:00-7:00 PM.
* Parkway Elementary: Open House on Monday, August 25, 6:00-7:00 PM
* Lincoln Middle School: Open House on Wednesday, August 27, 6:00-7:00 PM in the LMS gym

Parents and students are encouraged to attend the open house events at their child(ren)'s corresponding school. For more information, please contact your local school, or the Clarkston District Office at 509.758.2531.

###
08/19/14
Successful Energy Northwest bond sale benefits BPA ratepayers
Bonneville Power Administration - 08/19/14
Portland, Ore. - Energy Northwest and the Bonneville Power Administration took the first step in an effort that could save BPA ratepayers as much as $1.8 billion in gross interest savings and restore up to $1.2 billion of BPA's U.S. Treasury borrowing authority through 2044.

In particular, Energy Northwest sold BPA-supported bonds on Aug. 5 to refinance approximately $321 million of outstanding regional cooperation debt previously issued by Energy Northwest and associated with the never-completed nuclear Projects 1 and 3. This is the first of several potential bond sales that could lead to the refinancing of Energy Northwest nuclear assets that could yield the savings mentioned above.

"This agreement offers unique opportunities for savings," said Nancy Mitman, BPA acting chief financial officer. "The net effect of refinancing through regional cooperation bonds is that both the weighted average interest rate and maturity of BPA's overall debt portfolio will be reduced over the life of the proposal, thereby lowering interest costs by hundreds of millions of dollars and increasing U.S Treasury borrowing capacity for making much-needed investments in our infrastructure."

Regional cooperation debt refers to existing debt associated with the Columbia Generating Station in Richland, Wash., and Projects 1 and 3 that also serves as a regional financial resource, providing remarkable debt management opportunities to lower costs of power for the benefit of the Pacific Northwest.

Similar efforts in the past helped BPA preserve and restore approximately $2 billion in U.S. Treasury borrowing authority and saved approximately $500 million in interest under BPA's Debt Optimization Program.

The bond proceeds will be used to pay off Energy Northwest debt that is due to mature in 2014. The new bonds will be paid prior to the end of BPA's existing regional power sales agreements in 2028. More particularly, the bond sale allows Energy Northwest to extend regional cooperation debt that was due in 2014 into the period between 2025 and 2028, a period that more closely matches the useful lives of the Energy Northwest facilities expected at the time the related facilities were initially financed.

The Energy Northwest bond sale is set to close Aug. 21, 2014. The bond sale means that amounts recovered in BPA's rates to pay Energy Northwest principal will instead be available to pay off like amounts of more expensive federal debt. The new Energy Northwest regional cooperation bonds have a true interest cost of 3.17 percent. The resulting availability of additional amounts in the BPA fund will help assist in the prepayment of a like principal amount of BPA's federal debt bearing interest rates of 7.15 to 7.19 percent. The present value of the interest savings to the region will therefore be $135 million. The savings also will help BPA hold down rates in fiscal years 2016 and 2017.

"Energy Northwest and BPA worked closely to establish and implement a broad view of the regional debt portfolio as a crucial tool for providing the region with prudent, long-term value," said Brent Ridge, Energy Northwest vice president, Corporate Services/chief financial officer.

BPA is a nonprofit federal agency that markets renewable hydropower from 31 federal hydro projects in the Columbia Basin and power from Energy Northwest's Columbia Generating Station. BPA also operates three-quarters of high-voltage transmission line capacity in the Northwest and funds one of the largest wildlife protection and restoration programs in the world. BPA and its partners have also saved enough electricity through energy efficiency projects to power four large American cities. For more information, contact us at 503-230-5131 or visit www.bpa.gov.
###
08/14/14
District Alumni Invited to Clarkston's Welcome Back Day
Clarkston School Dist. - 08/14/14
CLARKSTON, WA - Clarkston School District wishes to invite retired and former district staff to join current staff as they kick off the 2014-2015 school year on Monday, August 25. The Welcome Back day begins at 8 AM in the Clarkston High School Auditorium, located at 401 Chestnut Street in Clarkston.

Retired Clarkston teachers and district staff are encouraged to participate in the Welcome Back celebration from 8 to 10 AM on August 25. Clarkston's new Superintendent, Mr. Tim Winter, will lead the morning from 8:00 to 8:30 AM on the DECA level. Light refreshments will be served as current employees are welcomed back to a new year, and former employees are recognized for their many contributions. Following 8:30 AM, both former and current district employees will have an opportunity to connect and network.

The annual Welcome Back day in Clarkston School District begins at 8 AM on August 25. For more information on the day's events, please contact Keri Myklebust at 509.769.6338 or myklebustk@csdk12.org.

###
08/04/14
BPA's credit ratings affirmed, bond sale will save BPA rate payers millions of dollars
Bonneville Power Administration - 08/04/14
Portland, Ore. - The three major credit rating agencies affirmed the ratings on BPA-backed debt last week, paving the way for Energy Northwest, with BPA's support and encouragement, to issue refinancing bonds that will result in substantial savings for the benefit of BPA's ratepayers.

Energy Northwest will refinance approximately $321 million of outstanding debt associated with Energy Northwest's never-completed nuclear Projects 1 and 3. That debt would otherwise be repaid in fiscal year 2014, but the repayment date is being extended by means of the new Energy Northwest Projects 1 and 3 bonds to more closely match the original expected useful lives of the projects.

This "regional cooperation debt" transaction will free-up funds that BPA expects to use to prepay equal amounts of higher-interest rate federal debt and thereby obtain approximately $130 million of present value savings. Regional cooperation debt refers to existing debt associated with the Columbia Generating Station and projects 1 and 3 that also serve as a regional financial resource, providing remarkable debt management opportunities to lower costs of power for the benefit of the Pacific Northwest.

This transaction is part of a larger debt restructuring proposal that could allow BPA to lower its Federal Columbia River Power System interest expense and reduce the weighted average maturity of BPA's overall debt portfolio -- which includes Energy Northwest bonds, BPA's appropriations repayment responsibilities and the bonds BPA issues to the United States Treasury, among other items. This transaction is expected to price on Aug. 5 and close on Aug. 21.

"Debt management measures such as this one have saved, and can continue to save, rate payer money," said Javier Fernandez, BPA acting Treasury manager. "They can also provide us capital spending flexibility, which is important as we undertake capital intensive efforts to preserve and enhance the value of our hydro and transmission infrastructure."

Similar efforts in the past helped BPA preserve and restore $2 billion in U.S. Treasury borrowing authority and saved $500 million in interest.

Energy Northwest, also with BPA's support, may in the future refinance approximately $1.4 billion aggregate principal amount of outstanding regional cooperation debt that would otherwise mature in fiscal years 2015-2018. These possible future transactions would be similar to the 2014 regional cooperation debt transaction and could provide similar economic benefits. If the entire proposal is implemented, the projected savings would reduce BPA's aggregate interest cost and restore valuable U.S. Treasury borrowing authority, an essential element in financing necessary capital investments in the Federal Columbia River Power System. Broad regional support led to the 2014 transaction and BPA believes that regional support appears to be building for the future possible regional cooperation debt transactions.

"BPA is extremely appreciative of the leadership of the Energy Northwest executive board and the management and staff of Energy Northwest for grappling with these refinancing efforts for the region," added Fernandez.

The three bond rating agencies affirmed ratings on BPA-backed debt include:
Standard & Poor's (AA-), Moody's (Aa1) and Fitch (AA).

BPA is a nonprofit federal agency that markets renewable hydropower from 31 federal hydro projects in the Columbia Basin and power from Energy Northwest's Columbia Generating Station. BPA also operates three-quarters of high-voltage transmission line capacity in the Northwest and funds one of the largest wildlife protection and restoration programs in the world. BPA and its partners have also saved enough electricity through energy efficiency projects to power four large American cities. For more information, contact us at 503-230-5131 or visit www.bpa.gov.

###
07/30/14
MEDIA ALERT - 2nd Planned Network Outage for Clarkston School District
Clarkston School Dist. - 07/30/14
CLARKSTON, WA - Clarkston School District has scheduled a planned network outage to replace a faulty circuit breaker in the Information Technology (IT) Department server room, beginning at 8 AM and ending at 6 PM on Friday, August 1. This replacement will cause a network and phone outage across all district buildings. The network connection and phones are expected to be back up and fully functional once the circuit breaker is replaced and power is returned to the IT Offices at approximately 6 PM on August 1.

Questions or concerns may be directed to the Technology Department at 509.769.6333.

###
07/29/14
PSE, Habitat for Humanity, BPA showcase new, super-efficient manufactured home (Photo)
Bonneville Power Administration - 07/29/14
New high-performance manufactured home delivers big energy savings.
New high-performance manufactured home delivers big energy savings.
http://www.flashalertnewswire.net/images/news/2014-07/1236/76381/thumb_High-Performance-Manufactured-Home-Bothel-Wash-Cropped.jpg
BOTHELL, Wash. - Puget Sound Energy, Habitat for Humanity Seattle-King County and Bonneville Power Administration are hosting a tour of a new, high-performance manufactured home, July 31, in Bothell, just north of Seattle. The prototype home incorporates some of the latest energy-saving features and technology, including a ductless heat pump, heat pump water heater, efficient lighting, triple-glazed windows, foam sheathing on exterior walls and added insulation.

What: Tour new, super-efficient manufactured home
When: Thursday, July 31 at 10 a.m.
Where: 18903 129th Ave NE, Bothell, WA 98011 (Holly Hills Area)
Who: Meet the new homeowners, project sponsors, builder and vendors

"Manufactured homes built to this new high-performance spec have durability and performance features that could change opinions about factory-built homes and be an integral part of our super-efficient 21st century utility system," says Christopher Dymond, senior product manager with Northwest Energy Efficiency Alliance, an alliance of more than 140 Northwest utilities and energy efficiency organizations.

While the prototype may represent the manufactured home of the future, the Norahun family is simply excited to call it home. "We can't wait to see our new home for the first time and learn more about its unique features," says Tesfaye Norahun. "We're so happy that we'll finally have a home to call our own, but also that it won't cost us a lot of money to run and maintain."

The Norahuns are purchasing the home through Habitat for Humanity Seattle-King County's affordable homeownership program. "We are excited to be a part of this project as is fits very closely with our commitment to being a responsible, sustainable and affordable home builder," says Kirk Utzinger, Habitat Seattle-King County CEO.

BPA, NEEA, Northwest electric utilities and other partners are collaborating with nine Northwest-based manufactured home builders to demonstrate the benefits of a higher standard for newly constructed manufactured homes and assist each manufacturer in their design. A manufactured home built to an advanced high-performance specification can save up to 50 percent on heating and cooling costs when compared to typical manufactured homes.

"Beyond more affordable electric bills for the homeowner, the goal is to establish a new minimum building standard for manufactured homes," says Bob Stolarski, director Customer Energy Management, Puget Sound Energy. "Which means buyers will get a higher quality, more comfortable and more energy efficient home."

There are about a half a million manufactured homes in the Northwest and more than 200,000 in Washington state. Since about 20 percent were made before the current construction standards (pre-1994 HUD), a more energy-efficient option could help PSE, BPA and other Northwest electric utilities meet future energy conservation goals. Estimates suggest that an uptake of high-performance manufactured homes in the thousands could translate to long-term energy savings of 20 average megawatts -- enough electricity to power nearly 15,000 Northwest homes for an entire year.

"This new high-performance home creates a "good/better/best" option in the manufactured home market," says Mark Johnson, residential energy conservation specialist at BPA. "And a new minimum building standard could deliver tremendous energy savings for decades to come."

The entry of new, super-efficient models could also reinvigorate a relatively stale manufactured home market. "Manufacturers and retailers are excited about these new homes," says Brady Peeks with Northwest Energy Works, Inc., an organization under contract with BPA that's helping manufacturers systemize their building process of new high-performance homes. "And we expect consumers will be too, especially those who want to conserve energy and are concerned about their carbon footprint."

The Bothell home is one of four completed prototypes. Three others have been sited in Toledo, Wash. (Lewis County Public Utility District), Pullman, Wash. (Avista Corp.) and Otis, Ore. (PacifiCorp). And another four homes are expected to be sited throughout the region in the next few months.

The project is part of the U.S. Department of Energy's "Building America Partnership for Improved Residential Construction" program. Other partners include: Community Frameworks, Ecotope, Environmental Protection Agency's Energy Star New Homes Program, Manufactured Housing Associations and Washington State University.


Attached Media Files: New high-performance manufactured home delivers big energy savings.