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Residents and experts urge Multnomah County to require financial assurances for CEI Hub fuel facilities
Summary
Multiple public commenters urged the county to adopt risk-bonding or financial-assurance requirements for facilities in the CEI Hub, citing seismic vulnerability, flood risk and recent state legislation (SB 1567) that creates a related compliance framework.
Several public commenters at the Multnomah County Board meeting urged county action to require financial assurances from fuel-storage facilities in the Columbia Edgewater Industrial (CEI) Hub.
Melanie Plaut, a retired physician, told the board the proposed county ordinance would parallel state Senate Bill 1567 and help ensure that companies with large fuel-storage capacity provide funds for recovery after a seismic event. She said many facilities have not yet complied with the state's seismic-evaluation deadlines and described the hub’s aggregate…
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