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Tag: Roseburg Forest Products

Port claims 2009 memo evidence of due diligence for 2011 emergency declaration

There are many dimensions to rigorous due diligence that must be guided by experience and common sense to determine if an investment might earn a profit, if factors might minimize risk and perhaps even if long term conditions allow growth of the investment. In the matter of Roseburg Forest Products’ “imminent opportunity” and need for immediate rail service the Port might have undertaken some research to determine if there was, in fact, an opportunity with a qualified and financially capable purchaser.

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What IS the Port hiding from the public?

This latest denial argues that my suspicion the Port did no due diligence whatsoever is untrue, “documents exist” they say, but we the public are being denied any opportunity to vet the deals before the Port executes. The Port is refusing to let the public in on the game.

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Whatever they are hiding it only makes them look guilty UPDATED

It is regrettable Main could not have just answered my question since he took the time to send an email and defer the problem to Lehman and naturally, my email to Lehman has so far gone unanswered. Main took the time to send a similar email to another person with the same query. So why wouldn’t Main just answer the question? What is the county hiding and why?

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Port further expands CEO Jeff Bishop’s authority

The commissioners may trust Bishop’s word and judgment but now that we know the Port exaggerated its claims of an emergency and that we were misled regarding confidentiality agreements with Roseburg Forest Products, we the public do not share this faith. In fact, we don’t trust the judgment of the commissioners or the CEO.

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The Elkhorn Ranch Timber Sale… Did We Get A Fair Price?

A major weakness with State Forest timber sales is that they are routinely purchased by the same large corporations. Comparatively low award prices reflect a lack of competition which fosters collusion and price fixing. Scott Timber (Roseburg Forest Products) and Swanson, two of the largest public timber sale purchasers, were the only “qualified bidders” listed for Elkhorn. Scott bought the sale for $273.52 per MBF for the Doug-fir, the bid species, and Swanson was second at $272.88. How conveniently close!

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Coal and other Port of Coos Bay distractions

While I don’t know if a coal export terminal meets the criteria of a ‘cargo terminal facility’ as set forth in the 2007 bill but perhaps this grant or any of the other conditioned grants bestowed upon the Port are up against some onerous deadlines and getting the rail line operational at 10MPH and cutting any deal, even with the controversial and divisive coal industry is mandatory in order for the Port to save face.

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Will we do anything for jobs except stop raw material exports?

the Port, with the assistance of the local paper, has sold the non-competitive bidding process employed under a declared state of emergency to make the repairs as a quick way to create thousands of jobs. In a form of economic blackmail, a job hungry public are held hostage to economic development schemes believing there is no alternative but to pay up.

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