April 29, 2008 - 12:09pm

Eyman takes out big loan to keep I-985 alive

Tim Eyman, the leader behind many of Washington's most heated ballot initiatives in the last ten years, has just announced that his campaign to gather signatures for I-985, which would open up HOV lanes to single-drivers, will be taking out a $250,000 loan to cover expenses. TCH's Mulick has a post about it here.

Apparently longtime investor Mike Dunmire has pulled out his financing for the time being, and now Eyman wants his supporters to help him pay off the loan.

"I'm jumping off a big cliff," Eyman said in a letter to supporters, "please help catch me."

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