2:45pm – Pedestrian hit by a vehicle in front of PCH on Abbey Street. Victim suffered head injury.
2:35pm – Three vehicle crash on Highway 101, milepost 135, just north of Newport in the Beverly Beach area. Northbound lane has a lot of debris in it. Lane is blocked. But no injuries.
The Lincoln City Police and other agencies continue their investigation into the shooting of one man and a head injury to another last week during some kind of confrontation off 101 and NE 45h. The accused shooter remains at large.
Last Friday at about 11:30AM, Lincoln City Police responded to a report of a hit and run crash on West Devils Lake Boulevard near NE 45th Street. Police investigation found a blue Honda Civic had been struck from behind by a grey Jeep Cherokee and that the Jeep had fled the scene prior to officers arrival.
Further investigation revealed a passenger in the Honda had sustained a gunshot wound to the chest and had been transported to Samaritan North Lincoln Hospital (SNLH) by another vehicle, prior to officers arrival at the crash scene. This subject was later transferred to a Portland trauma hospital. It was later determined the shooting had occurred at the Beacon Crest apartment complex a short distance north of the crash scene.
A regional law enforcement task force was activated to assist with the investigation. Officers and Detectives were able to determine in addition to the subject with the chest wound there was a second person injured during the shooting. This subject arrived at SNLH a short time after the crash investigation started and was treated for a head wound and released.
The Chrysler 300 sought in this investigation has been located in McMinnville and is no longer a vehicle of interest.
LCPD is still seeking to locate a person of interest in the shooting incident. Leonel Zamora Jr. age 33, Ht: 5’6”, Wt:160LBS, brown eyes, black hair, a Hispanic male, is still being sought for questioning.
This investigation is ongoing. LCPD is appreciative of the numerous citizens who have come forward with information, which has been very helpful in moving the investigation forward. Anyone with information about the shooting or persons involved is asked to contact LCPD Detectives at 541-994-3636.
From Wife Judy Gibbons:
I am very sorry to tell you that Michael suffered a stroke during dinner. He was transported by ambulance to Newport PCH and after evaluation he was transferred to Good Sam stroke center in Corvallis.
As far as Art Walk is concerned, I will not be able to participate as planned. I believe Art Walk can continue but Michael and I will not be able to be there.
I ask your prayers for Michael’s complete healing.
Despite some recent budget stresses and strains over moving ahead on the International Terminal project, Newport Port Commissioners have approved moving funds around to make some much needed repairs to Port Docks 5 and 7 along the Bayfront.
Port staff reported that 23 support piles were corroded and/or in disrepair at Port Dock 5. Also there are 3 additional piles at Port Dock 7 that are above the mud line and have been marked as a hazard. Repairs include the use of whalers, rub boards and through-rods for Port Dock 5.
The big fix went out to bid and Bergerson Construction came in as the low bidder at $266,000 which basically ate up nearly the full budget with some other add ons required to be considered, including engineering, contingency and other expenses which put the project at $121,000 underwater.
But port staff emphasized the importance of the repairs and told commissioners they could borrow money from next year’s port budget coupled with some expenditures that could be put off another year to have the full repair costs covered.
The Port Commission approved the financial maneuver which means the repairs should be made within the “in water” work window as set by ODFW. Any additional work not met by the window, which ends February 15th, will be focused on above water portions of the repairs which includes the dock surfaces themselves. Port staff indicated that fishing vessel “parking” would have to be carefully choreographed to make sure all vessels are taken care of.
ROSEBURG, Ore – A $500 cash prize is up for grabs if you haul in the “heaviest salmon overall” at the 23rd Annual Gardiner-Reedsport-Winchester Bay Salmon Derby held this Labor Day Weekend, Sept. 3-5.
The derby is an annual fundraiser for the Gardiner-Reedsport-Winchester Bay STEP group that focuses on raising hatchery fall Chinook salmon for the lower Umpqua River. Working with ODFW, the group’s goal is to raise 100,000 fall Chinook which contribute about 2,000 returning adults for anglers to harvest. Derby funds go directly to helping raise these fish.
Derby hours are Saturday and Sunday from daylight to 6:00 p.m. and Monday, daylight to noon. Tickets are $10 for individual and $25 per private boat and are sold in Reedsport at Ace Hardware, the Recreation Station and Turman Tackle and in Winchester Bay at Salmon Harbor Tackle, Stockade Market and at weigh-in locations.
Derby weigh-in locations are the Rainbow Plaza boat Ramp in Reedsport and the East Boat Ramp (Salmon Harbor) in Winchester. Awards will be handed out 1pm Monday at the Salmon Harbor RV Resort Marine Activity Center in Winchester Bay.
This year’s derby features $1,350 in cash prizes and $1,500 in Cabela’s fishing gear.
All angling rules apply and anglers must have a valid angling license and tag. This year, anglers can use two rods if they have a two-rod angling validation.
STEP is an ODFW program working with volunteers to achieve the agency’s fish management objectives. The Gardiner-Reedsport-Winchester Bay STEP group, Cabela’s and many other local businesses sponsor the derby.
phone are advised to call the main office in Salem at 503-947-6000 or to log into the agency website at www.odfw.com to find the information they are looking for.
Quiz: Test Your Interest Rate Knowledge
Provided By: Duane J. Silbernagel
In December 2015, the Federal Reserve raised the federal funds target rate to a range of 0.25% to 0.50%, thefirst rate increase from the near-zero range where it had lingered for seven years. Many economists viewed this action as a positive sign that the Fed had finally deemed the U.S. economy healthy enough to withstand slightly higher interest rates. It remains to be seen how rate increases will play out for the remainder of 2016. In the meantime, try taking this short quiz to test your interest rate knowledge.
1. Bond prices tend to rise when interest rates rise.
2. Which of the following interest rates is directly controlled by the Federal Reserve Open Market Committee?
a. Prime rate
b. Mortgage rates
c. Federal funds rate
d. All of the above
e. None of the above
3. The Federal Reserve typically raises interest rates to control inflation and lowers rates to help accelerate economic growth.
4. Rising interest rates could result in lower yields for investors who have money in cash alternatives.
5. Stock market investors tend to look unfavorably on increases in interest rates.
1. b. False. Bond prices tend to fall when interest rates rise. However, longer-term bonds may feel a greater impact than those with shorter maturities. That’s because when interest rates are rising, bond investors may be reluctant to tie up their money for longer periods if they anticipate higher yields in the future; and the longer a bond’s term, the greater the risk that its yield may eventually be superceded by that of newer bonds. (The principal value of bonds may fluctuate with market conditions. Bonds redeemed prior to maturity may be worth more or less than their original cost.)
2. c. Federal funds rate. This is the interest rate at which banks lend funds to each other (typically overnight) within the Federal Reserve System. Though the federal funds rate affects other interest rates, the Fed does not have direct control of consumer interest rates such as mortgage rates.
3. a. True. Raising rates theoretically slows economic activity. As a result, the Federal Reserve has historically raised interest rates to help dampen inflation. Conversely, the Federal Reserve has lowered interest rates to help stimulate a sluggish economy.
4. b. False. Rising interest rates could actually benefit investors who have money in cash alternatives. Savings accounts, CDs, and money market vehicles are all likely to provide somewhat higher income when interest rates increase. The downside, though, is that if higher interest rates are accompanied by inflation, cash alternatives may not be able to keep pace with rising prices.
5. a. True. Higher borrowing costs can reduce corporate profits and reduce the amount of income that consumers have available for spending. However, even with higher rates, an improving economy can be good for investors over the long term.
I hope you found this beneficial and informational. For more information about me and my services, visit my website:
Thank you for your interest.
ODFW will host a training for those who want to volunteer for the Fall Chinook program at Salmon River Hatchery on Sunday, Sept. 18 at 10am.
The training will last 4-6 hours, and lunch will be provided. ODFW is also recruiting volunteer leaders to help staff manage volunteers and collect detailed scientific data. Volunteer leaders must attend the Sept. 18 training at Salmon River Hatchery, including the afternoon session that will focus on volunteer leader duties and responsibilities. Volunteer leaders must be able to contribute at least one shift per week during the season.
In 2015, Salmon and Trout Enhancement Program volunteers contributed over 500 hours at the Salmon River Hatchery and were responsible for the distribution of adult Chinook salmon to 13 Oregon food share organizations.
ODFW will continue and expand this volunteer program into its second year and needs 11-20 volunteers a day from mid-September through mid-November. There will be 4-hour morning and afternoon shifts each day, and job duties range from light-duty to physically demanding. Volunteers will sign-up for shifts through iVolunteer.com and be notified of schedule changes by email. Accommodations can be made for those without reliable internet access.
Additional information about the volunteer program can be obtained at https://midcoaststep.ivolunteer.com or by contacting Christine Clapp at firstname.lastname@example.org or 541-265-8306×253.
The Salmon River Hatchery is located at 575 N. North Bank Rd. Otis, Oregon. Please contact Christine Clapp if you plan to attend volunteer training. RSVP is encouraged, but not required.