March 2016

Found 4 blog entries for March 2016.

Bend PotholesThe March 25, 2016 edition of The Bulletin on page 1 includes an article on fixing Bend’s roads. Bend residents have been told for months that there is no additional money outside of the $1.8 million already budgeted this year to do the repairs and that over $80 million was needed due to deferred maintenance. This was the argument the city council made when they authorized $70,000 to be spent on this month’s special election to vote on the 5 cent a gallon gas tax. Now that city residents overwhelmingly defeated the gas tax in the special election, the city council has “found” $5.2 million dollars through utilizing reserves and tax revenue which exceeded projections. Although $5.2 million is just a drop in the bucket on the $80 million needed, it is almost

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Spotted Frog vs Oregon FarmersCentral Oregon farmers are wondering how the two recent lawsuits filed over the endangered spotted frog can impact their use of Deschutes River water. In particular, the allotment of water to junior holders, those downstream, may be negatively impacted should the suits prevail and the irrigation districts, which control the flow of water in the Deschutes River, be forced to keep more water in the Upper Deschutes to protect spotted frog habitat. Farmers in Jefferson County will be greatly impacted should the lawsuits prevail and fear of the loss of water has already curtailed the sale of farm equipment. The farms around Madras are known internationally for their production of seed crops which rely upon a consistent flow of water from April through October

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Warren Buffet's HomeEver wonder about where the richest people in the world live? Many would be surprised that billionaire Warren Buffett still lives in the Dundee-Happy Hallow Historic District of Omaha, Nebraska where he grew up in the same home he purchased in 1958 for a mere $31,500. Surprised? I know we were.  Named by Time Magazine as one of the most influential people in the world, this 6000 square foot relatively modest stucco house (recently appraised for under $1 million dollars) is just a tiny fraction of his estimated net worth of $66.2 billion dollars. But to be fair, Warren Buffett also owns a second home in Laguna Beach, California estimated at about $4 million, but still just a small fraction of his net worth. We're guessing one of the secrets to his success

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Trade Red Paperclip for HouseIt's not that Kyle MacDonald had a "paperclip fetish." Actually, he says that "the best thing I ever did was to trade away that silly red paperclip in the first place." Which is exactly what he did when in 2015 he posted a picture of the red paperclip in the barter section of Craigslist and asked if anyone had something they were willing to trade for it which was "bigger and better." The first trade was for a writing pen shaped like a fish.  Then Kyle traded the fish pen for a doorknob.  Each trade was always for something "bigger and better" until after just 14 trades he ended up with a house located at 503 Main Street in Saskatchewan.

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