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FOREIGN POLICY
Local standouts to compete in California, B1
President defends policies in Philippines, A7
TUESDAY, APRIL 29, 2014
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Creating self-sustaining foundations BY CHELSEA DAVIS
SCCF, Bayfront endowments plan for 7 percent annual returns on investment
The World Part 2 of 2
COOS BAY — If two proposed nonprofit corporations invest wisely, they could create multimillion-dollar e n d ow m e n t funds the co m m u n i ty See interactive graphic online: theworldlink.com can pull from for education, infrastructure and economic development for future generations. If Jordan Cove Energy Project gets a 19-year property tax exemp-
tion and the local governmental bodies approve a Community Enhancement Plan, the company will dole out nearly $413.3 million in community service fees to the North Spit taxing entities, South Coast Community Foundation and Bayfront Investment Corp. by 2034. But with returns on investments in SCCF and Bayfront’s endowment funds, that could total closer to $540 million.
That’s almost $100 million more than SCCF, Bayfront and the taxing entities would have ever received in property taxes alone. “But you don’t spend every dollar you get when you get it,” said Oregon International Port of Coos Bay CEO David Koch. “The board has to resist the temptation every year to spend everything.” As they have been touted so far, SCCF and Bayfront would each
invest half of the community service fees they receive every year in endowment funds. SCCF has been proposed to fund local education; Bayfront has been proposed to fund waterfront and economic development. Starting in 2020, that 50-50 ratio starts to change: 70 percent goes into the endowment funds and 30 percent is distributed. The gap continues to widen up
to 2034, when 98 percent goes into the endowment funds and 2 percent is distributed. “At that point, the foundation is on its own feet,” Koch said. “It doesn’t rely on continuing payments. It relies solely on earnings.” That doesn’t mean less and less would go toward grants every year — in fact, distributions would increase. Koch said these estimates come from discussions with Coos County Commissioner John Sweet about his experience with the Ford Family Foundation. SEE FOUNDATION | A8
Judge: Victim’s photo ID allowed BY THOMAS MORIARTY The World
Photos by Lou Sennick, The World
Megan Duling, a senior in the dance program at the University of Oregon, leads a group of modern dancers through some lessons Thursday afternoon at North Bend High School. The dancers from Oregon visited the school and worked with the high school students and also put on some demonstrations at Hillcrest Elementary School.
‘It’s about so much more than dance’ UO Repertory Dance Company visits NB schools, encourages higher education ■
BY CHELSEA DAVIS The World
NORTH BEND — College representatives typically don’t talk about pushing off from the balls of your feet and “ronds de jambe” — but most reps are not dancers. T h e University of O r e g o n See Tim Novotny’s video R e p e r t o r y for this story online at D a n c e theworldlink.com/video C o m p a n y settled in at North Bend High last week, giving students an inside look at university life and the dance world. With the help of UO and North Bend alumna Sara Slack, the dance company first made its way to the South Coast in 2008. The dancers have returned every year since. “Release all that tension, any
Dance students from the University of Oregon watch routines being performed by dance students at North Bend High School on Thursday afternoon. The Oregon dancers spent a few days with North Bend dancers in workshops and guidance. worries you have,” UO dance major Kyra Bannister told her class Friday afternoon. Last week, the dancers performed for Hillcrest Elementary and North Bend Middle School. On top of that, they taught three
classes a day for three days at the high school. On Saturday, the public was able to take classes and watch the dancers perform. “We want to give the university dancers an opportunity to participate in something similar to what
might happen if they were in a professional touring dance company,” said Jenifer Craig, chair of UO’s dance department. “This residency is about so much more than just dance,” Slack said. “Dance is so much more than the physical thing we see on stage. Dance is so allencompassing — culture, history, science, social activism — it is difficult for me to articulate the possibilities that lie within an education in dance.” Where some students don’t see a clear path to college, the dance company shows them a way in. UO dancers don’t only teach classes during their residency in North Bend — they talk to students about university life in general and other fields of study. “Our students and our community have very little access to arts outside of our area, often due to financial limitations and also due to our relatively remote location,” Slack said. North Bend High has had a dance program since 1955, a luxury
COQUILLE — A Coos County judge ruled Monday that a victim’s photo identification will be admissible in the trial of a North Bend tattoo artist charged with attempted murder. Judge Richard Barron ruled that Brian Graham’s identification of defendant David Wonnacott will be admissible at trial, even though police showed Graham a single photo instead of using a lineup. Wonnacott is charged with attempted murder, two counts of unlawful use of a weapon, seconddegree assault, two counts of being a felon in David Wonnacott possession of a firearm, menacing, pointing a firearm at another and reckless endangering. The charges stem from a July 2013 incident when prosecutors allege Wonnacott attempted to kill Graham, a competing tattoo artist, in front of Graham’s Broadway Avenue shop. Wonnacott also faces two counts of tampering with a witness. Those charges stem from letters to another jail inmate that prosecutors say are evidence of a conspiracy to keep witnesses from testifying. Graham reported the murder attempt to the North Bend Police Department within a half hour of
SEE DANCE | A8
SEE JUDGE | A8
Fewer hunters, anglers hurts state wildlife agencies said, but the plan now calls for smaller increases every two years to soften the impact on hunters and anglers. The plan also calls for drawing more heavily on other revenue sources, including an additional $11.2 million sought from the general fund. Much of the agency’s funding has historically come from hunters
Infant deaths Hughey Agee, Coos Bay Tony Silva, Powers
Obituaries | A5
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A Utah woman is accused of killing six of her babies over a 10-year period and storing their bodies in her garage. Page A5
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Hargrave, department spokesman. The agency faces a projected $32 million shortfall as it builds a budget for 2015-17, he said. It plans more than $8 million in fee increases and more than $8 million in program reductions and efficiencies, which could include layoffs or leaving vacancies unfilled. Fee increases are typically done all at once every six years, Hargrave
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how it pays for its programs, and it plans to request a bigger share of general fund revenue and more frequent increases in license and tag fees. The agency will unveil a budget blueprint Thursday and then take the plan on the road to seek public comment in seven cities next month. “License sales aren’t keeping up with expenditures,” said Rick
DEATHS
INSIDE
PORTLAND (AP) — Fewer Oregonians are hunting and fishing these days, translating into less money to sustain wildlife management and conservation. To help fill the gaps, the state’s wildlife agency wants to raise fees for the outdoor enthusiasts who remain in a proposal to be revealed Thursday. The Oregon Department of Fish and Wildlife is taking a new look at
and sport fishermen, both through fees for licenses and tags and through federal excise taxes on the purchase of firearms, ammunition, archery supplies, fishing equipment and boat fuel. Stan Steele, a member of the department’s external budget advisory committee, said he wants to see more of the department’s budget shift back to general funds.
Sunny 69/50 Weather | A8
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