Newport City Council Update

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Jan 182017
 

Newport City Hall

Bornstein Seafoods
813 SW Bay Blvd
Newport sells them the building

Newport City Councilors Tuesday evening put the finishing touches on their sale of a fish processing plant, owned by the city, that has been leased for years to Bornstein Seafoods. Since the company had made so many improvements to the building over the many years Bornstein leased the building from the city the city let it go for $1.6 million, considerably below it’s estimated market value.

With the sale proceeds, the city is expected to help pay for the parking lot it purchased from the Salvation Army which used to have a thrift store immediately south of City Hall across Angle Street. Some of the seafood building sale will also help the city pay off the recent acquisition and remodel of a building off NE 73rd Street that is now the city’s north end fire station.

Ernest Bloch Memorial Wayside

The City Council awarded a bid to Knottworks Construction to build what has become the nearly $200,000 Ernest Block Memorial Wayside.  The project will offer storm drains, improved trail to the beach below as well as showers and restrooms for visitors to the wayside.  Part of the construction money will come from the city’s tourism room tax fund.

Newport and Yaquina Bay Bridge

Vision Newport 2040

The City Council also approved a schedule of meetings to discuss what Newport should offer by the year 2040 to benefit local businesses, research facilities, the port, the arts, tourism amenities and whatever else the public expects or prefers during a series of upcoming Vision 2040 meetings.  The Vision 2040 series of community vision outreach meetings are set for February 16th to include a lunch hour meeting with with city employees to get their thoughts – then again at 5:30pm at City Hall to solicit visioning opinions from members of the city’s various boards, committees and commissions, staffed mainly by volunteers from the community.

Additional meetings are set for February 17th, 5:30pm at the city’s Recreation Center to coincide with Newport High School’s State Soccer Championship celebration.  There will also be an effort to enlist the opinions of the growing number of latino families in the community who should be on hand for that celebration.  Then another meeting set for Saturday, February 18th, from 10am – 5pm at the Recreation Center with music, food, raffles and prizes.  There will also be opportunities to partake in break-out group sessions to collect opinions what Newport should look and feel like in 2040.  Along the way the current City Council will be asked to fill out a probing set of questions about what they would like and/or see in Newport’s future by the year 2040.

 

 Posted by at 1:23 AM

Rivers at high water levels are dangerous. Take precautions!

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Jan 172017
 

Keizer Rapids Flood Debris
State Marine Board photo

Last week’s historic snowfall and the projected warm, wet forecast this week, sets up the perfect scenario for potential flooding on area rivers. And with flooding comes debris flows with trees, root wads, and other material that can impact the safety of boaters on the water.

The Marine Board and marine law enforcement strongly urge boaters to take the following precautions:
* Make sure the boat ramp is open for launching. The Marine Board is working closely with facility managers and will include closure information on the Boat Oregon Map.
* Scout the river before running it. Rivers are dynamic, and don’t stay the same over time. Boulders and logs move, trees fall, and currents shift. When in doubt –scout and portage out.
* Wear a life jacket. Given the water temperature and equally cold air temperature, boaters are encouraged to wear a properly fitting life jacket on the outside of their cold weather attire.
* Boat with others and stay within sight of one another.
* Know your limits and how to self-rescue. Be sure your skills and experience are equal to the river and the conditions.
* Fill out a digital float plan and print out a copy to let others know where you are boating and when to expect your return. The digital form, when submitted, sends an email to the Marine Board that can be used later to aid marine law enforcement should a boater need help.

Visit www.boatoregon.com and click on the Boat Oregon Map. The website and the application are optimized for mobile devices.

 Posted by at 4:36 PM

Central Oregon Coast NOW “Action” Meeting January 24

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Jan 172017
 


The Central Oregon Coast Chapter of the National Organization for Women (NOW) is holding an “Action” meeting for prospective, new and “seasoned” members on Tuesday, January 24 from 6 to 9 pm at the Newport High School Library, 322 NE Eads Street, Newport, Oregon. We will be planning on “actions” to continue the momentum generated by the Stronger Together March (Saturday, January 21 at 11:30 pm starting at the Newport City Hall; indoor Rally starts at 12:30 pm at the Hallmark Resort). This is a great opportunity to learn about NOW, meet other like-minded individuals, and plan “resistance” to policies that hurt women, immigrants, LGBTQI people, and all vulnerable members of our community. We will be discussing what committees people would like to participate in, leadership roles that need to be filled, the Oregon NOW Annual Meeting to be held in Newport on April 9, 2017, and other upcoming actions.

You can email centraloregoncoastnow@gmail.com if you have questions.
The Central Oregon Coast Chapter of NOW works locally and nationally to eliminate discrimination in all sectors of society, to assure access to reproductive health care, to eliminate domestic and sexual violence, and to promote equality and justice in our community.

Membership in Central Oregon Coast NOW also includes membership in national NOW, and Oregon NOW.

To join Central Oregon Coast NOW: https://centraloregoncoastnow.com/about/membership-application/
For more information about Central Oregon Coast NOW, please email centraloregoncoastnow@gmail.com or call 503-577-3585. Website: www.centraloregoncoastnow. com.

 Posted by at 4:31 PM

Weather or Not: A Yuge Change

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Jan 172017
 

Tuesday, Jan. 17th – Lincoln County

Summary: Mixed sky and light winds yesterday, the last mild one for a while.

Past 24 Hours High/Low/Rain…
Lincoln City: 55F/37F/~0.01”
Depoe Bay: 55F/37F/0.01”
Newport: 54F/36F/~0.01”
Waldport: 54F/41F/0.03”
Yachats: 54F/39F/0.01”

Newport Airport Conditions…
Ceiling: scattered @ 10,000’
Visibility: 10 miles/Wind: ESE 8 mph/Altimeter: 29.85”

The High Wind Warning issued by the National Weather Service for the Central Coast remains in effect from noon today through 10:00am tomorrow morning. On headlands and open beaches, south to southeast winds 20-30 mph this afternoon with gusts 50-60 mph. Winds will increase tonight, becoming south 35-45 mph and gusts 65-70 mph. In coastal communities, south to southeast winds 15-25 mph today into this evening, then south 25-35 mph with gusts of 45-60 mph. The strongest winds will be late tonight into tomorrow morning. These winds may be strong enough to produce spotty power outages. Watch for tree debris on roadways later today through Wednesday morning. A High Wind Warning means a hazardous high wind event is expected or occurring. Sustained wind speeds of at least 40 mph or gusts of 58 mph or more can lead to property damage.

The Flood Watch issued by the National Weather Service for the Central Coast remains in effect from this evening through late tomorrow night. Freezing levels will rise to over 8,000 feet today leading to rapid snow melt. In addition, heavy rain beginning today will cause rises on rivers and creeks draining the Coast Range and North Oregon Cascade foothills. Rainfall amounts through Thursday in the Willamette Valley, 1-2 inches, on the Central Oregon Coast and Coast Range, 3-6 inches, and in the North Oregon Cascade foothills, 2-4 inches. Landslides and debris flows are possible during this flood event. People, structures and roads located below steep slopes, in canyons and near the mouths of canyons may be at serious risk from rapidly moving landslides. A Flood Watch means there is a potential for flooding based on current forecasts.

Travelers… Freezing rain is expected to severely impact most areas of Northwest Oregon, excluding the Coast, throughout the day. Advisories and warnings are posted. See Travel section below.

Mariners… A Storm Warning goes into effect for local waters this afternoon. See Marine section below.

wxon-twitterBe sure to follow Weather or Not’s Twitter feed to keep current on this developing storm. You’ll get updated travel info and notification of any new advisories, watches or warnings. Follow @chrisburnswx.

Forecast: Today starts off peacefully with a little drizzle and light winds, but conditions undergo a ‘yuge’ change and are expected to rapidly deteriorate by late morning and into this afternoon. Rain, up to three-quarters of an inch, and a southerly wind 25-35 mph gusting 50. Tonight, south winds 35-45 mph gusting 60-70, highest on the beaches and headlands, heavy rain with 1-2 inches possible. The rain continues heavy tomorrow, another 1-2 inches, along with southerlies gusting 55 mph in the morning but decreasing to 25-30 mph in the afternoon. Outlook is for showers Thursday, rain Friday, showers Saturday, rain again Sunday and a chance of showers on Monday. The thermometer stays within seasonal parameters as highs reach 45-50F and lows dip to 35-40F all week.

Travel: In the Coast Range this morning, there’s damp pavement with spots of ice possible, temperatures 25-35 in the passes; rainy and very windy today, highs 45-50F. Willamette Valley destinations have a Freezing Rain Advisory in effect into this afternoon from Eugene north to about Woodburn, and an Ice Storm Warning in effect for Portland Metro until 10:00pm tonight, ice accumulations up to a half inch, temps rising to 35-45F. The Columbia River Gorge also has an Ice Storm Warning in effect today through tomorrow evening with up to 2 inches of ice expected, gusty east winds, highs of 25-30F. For the Cascades, there’s packed snow and ice on the highways this morning, carry chains or traction tires, temps 25-35F; mainly rain but with light freezing rain possible early today, the snow level is 7,000 feet rising to 8,000 feet. * Motorists should always visit ODOT’s TripCheck before hitting the road.

Marine: Southerly winds have already begun ramping-up this morning to 25-30 knots well offshore but lighter E winds nearshore, and seas are 9-10 feet at 17 seconds. A Gale Warning is in effect until 1:00pm today when it gets replaced by a Storm Warning in effect through tomorrow morning. S winds 25-30 knots with gusts to 40 this morning, rising to 35-40 knots with gusts to 50 late this afternoon, combined seas 11 feet at 16 seconds, building to 17 feet at 15 seconds. Tonight, southerly winds 35-40 knots with gusts to 50, a coastal jet will likely produce wind gusts of 55 knots within 20 miles of the coast, combined seas 24 feet at 14 seconds. S winds tomorrow 30-40 knots with gusts to 45, easing to 25 knots gusting 35 in the afternoon, combined seas 24 feet at 13 seconds, subsiding to 19 feet at 12 seconds in the afternoon. Outlook is for SW winds 15-20 knots gusting 25 Thursday, swells 15 feet, then southerlies 25-35 knots Friday and Saturday with combined seas rebuilding to 21-23 feet. * Make sure you check the latest Bar Reports before venturing offshore.

On the Beach… Rain, breezy, surf 10-15 feet (moderate).
* For a safe and enjoyable time on the Central Coast, the Oregon Parks & Recreation Department offers these Beach Safety Tips.
* Tides
01/17 Tue 09:45 AM 2.85 L
01/17 Tue 03:36 PM 7.47 H
01/17 Tue 09:51 PM 1.13 L
01/18 Wed 04:36 AM 8.26 H

In Short: Very wet and very windy, then rainy and breezy.

 Posted by at 8:04 AM

Bridges up early to work…

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Jan 162017
 

Yaquina Bay Bridge
Newport
Ken Gagne


Alea Bay Bridge
Waldport
Ken Gagne

Early bird gets the sunrise and then some…

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 Posted by at 12:05 PM

Too close to the surf ends the lives of a father and his 3 year old son….

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Jan 162017
 

Coast Guard and S&R find no sign of missing Father and son.

Sneaker wave likely grabbed the two and pulled them seaward in seconds. OSP Photos

Monday update: The search for the missing persons has lasted throughout the night and this morning by the US Coast Guard. The adult male or his three year old son have not yet been located. The adult male has been identified as 31 year old Jayson Dean THOMAS, of Elmira, Oregon.

OSP does not usually release the names of juveniles unless there is consent by the family or if the juvenile is a public safety threat. More information will be released when it becomes available.

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=====================================================

Original story –

Sunday afternoon fire-rescue personnel responded to the report of an adult male and a toddler that were swept out to sea on a big wave that crashed onto the beach near Floras Lake in Curry County.

Reports say a family from the Eugene area was on the beach, with high surf roaring up at them. The 31 year old father holding his 3 year old son were grabbed by the wave and were swept away.

The spot where the two disappeared has a steep angle to the water and the seas were rough at the time.

The US Coast Guard began a search by air with two helicopters and 47 foot motor life boat. OSP Troopers and other first responders began scouring the beach using ATVs. The search from the shore lasted about four hours, long past the time when both the father and son would have succumbed to hypothermia. The US Coast Guard will be searching into the night by air and by ground.

The name of the missing persons were withheld to allow family notifications. OSP was assisted by the US Coast Guard, Curry County Sheriff’s Office, Sixes River Fire, and Port Orford Fire. More information will be released tomorrow as it becomes available.

The Oregon Coast has very unpredictable wave action. It’s very common for small to medium sized waves to splash onto the shore and simply cover a part of the beach. Then suddenly a large wave can rise up and pound the entire area, and carry with it back to sea any unwary person who was unlucky enough to be within its clutches.

Authorities say again and again to stay back from the water where there is very little room to retreat to. And never ever, ever turn your back on the ocean.

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 Posted by at 11:01 AM

Growth, Value, or Both

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Jan 162017
 

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Duane J. Silbernagel
Financial Advisor
Waddell & Reed

Growth, Value, or Both
Provided By: Duane J. Silbernagel
Sponsored Content

The terms growth and value are often used to describe two different investment strategies, yet many investors may want both qualities in an investment. Famed investor Warren Buffett put it this way in a 2015 interview: “I always say if you aren’t investing for value, what are you investing for? And the idea that value and growth are two different things makes no sense…. Growth is part of the value equation.”

Even so, analysts may look at specific stocks as offering more growth potential than value, and vice versa. And these concepts are used to construct many mutual funds and exchange-traded funds (ETFs). So it’s helpful to understand the opposing ideas, even if you want the best of both in your portfolio.

Poised to grow?

As the name suggests, growth stocks are associated with companies that appear to have above-average growth potential. These companies might be on the verge of a market breakthrough or acquisition, or they may occupy a strong position in a growing industry.

Growth companies may place more emphasis on reinvesting profits than on paying dividends (although many large growth companies do offer dividends). Investors hope to benefit from future capital appreciation of growth stocks, which tend to be considered higher risk than value stocks. However, it’s equally important for growth and value stocks to have strong fundamentals.

Undervalued?

Value stocks are associated with companies that appear to be undervalued by the market or are in an industry that is currently out of favor. Unlike growth stocks, which might seem expensive and overvalued, value stocks may be priced lower in relation to their earnings, assets, or growth potential.

Established companies are more likely than younger companies to be considered value stocks, and these firms may emphasize paying dividends over reinvesting profits. An investor who purchases a value stock typically expects the broader market to eventually recognize the company’s full potential, which may result in rising share prices. One risk with this approach is that a stock considered to be undervalued because of legal or management difficulties or tough competition might not be able to recover from the setback.

Focused funds

Identifying specific growth or value investments requires time, knowledge, and experience to analyze stock data. A more convenient and accessible way to add growth or value stocks to your portfolio may be through mutual funds or ETFs that focus on these categories. Such funds often have the word “growth” or “value” in their names. However, there could be a wide variety of objectives and stock holdings among funds labeled growth or value.

Also keep in mind that you might find growth, value, or both in a broad range of investments that do not employ growth or value strategies.

Diversification

Holding growth and value stocks and/or funds is one way to diversify the stock portion of your portfolio. Over the past 20 years, the average annual return for value stocks was about 1.5 percentage points higher than that of growth stocks (8.54% versus 7.02%). Yet growth stocks outperformed value stocks in eight of those years — in some years by large margins. This suggests that growth and value stocks may respond differently to varying market conditions.

Diversification is a method used to help manage investment risk; it does not guarantee a profit or protect against investment loss.

The return and principal value of stocks, mutual funds, and ETFs fluctuate with changes in market conditions. Shares, when sold, may be worth more or less than their original cost. Supply and demand for ETF shares may cause them to trade at a premium or a discount relative to the value of the underlying shares.

Mutual funds and ETFs are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the investment company, can be obtained from your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.

1 CNBC.com, March 2, 2015

2 Thomson Reuters, 2016, for the period 9/30/1996 to 9/30/2016. Growth stocks are represented by the Russell 3000 Growth Index. Value stocks are represented by the Russell 3000 Value Index. The performance of an unmanaged index is not indicative of the performance of any particular investment. Individuals cannot invest directly in an index. Rates of return will vary over time, particularly for long-term investments. Past performance is not a guarantee of future results.

I hope you found this beneficial and informational. For more information about me and my services, visit my website:
www.duane.wrfa.com

Thank you for your interest.

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 Posted by at 10:42 AM