The Charbonneau Villager Newspaper 2019 June issue Villager newspaper | Page 3
THE CHARBONNEAU VILLAGER 3
June 2019
Civic Affairs
By BOB HARLAND
No approved
Master Plan for
Aurora Airport
The Charbonneau Civic Affairs
Committee (CAC) represents you,
the residents of our fine commu-
nity. While it’s difficult to repre-
sent the opinion of every
Charbonneau resident, the CAC is
definitely interested in what you
have to say.
For example, what do you think
about the runway extension and
overall airport expansion being
proposed by business interests at
the Aurora Airport? Would this
be good for Charbonneau, or not?
Or maybe you don’t have an opin-
ion about what happens.
How much time and effort should
be spent attempting to keep jets
from taking off directly over
Charbonneau?
What do you think about the pres-
ervation of farmland just south of
Charbonneau? While not a hot
issue right now, it has been in the
past and could surface again.
And what do you think about an
extra lane on I-5 south from the
Wilsonville onramp to the Canby
exit? Maybe this is a “no brain-
er,” but we don’t want to assume
too much.
So, if you have an opinion on
these matters and others, let us
know at office@charbonneau-
countryclub.com. ■
undertaking characterized by a lack
of transparency and the manipulation
of data to achieve the desired
expansion outcomes. It has flown in
the face of Oregon land use laws, and
purposefully left out of the process
have been the citizens and those
municipalities most impacted by the
proposed expansion.
Most of the opponents are not
against aviation or against the Aurora
Airport. What they are against is
unjustified expansion that benefits a
few developers and aircraft owners at
the expense of the majority, and takes
away farmland and sets negative
precedents for the future. We believe
that the Aurora Airport should
remain a general aviation airport
much like it is, with the related heavy-
lift helicopter companies, aviation-
related industries. It should not be
expanded to become Oregon’s largest
corporate jet airport. ■
AUXIER FOCUS FUND INVESTOR CLASS
SHARES PERFORMANCE UPDATE
March 31, 2019
3 Month
Cummulative 1 Year
Annualized 5 Year
Annualized 10 Year
Annaualized Annualized
Since Inception
(July 9, 1999) Cumulative
Since Inception
(July 9, 1999)
Auxier Focus Fund 9.16% 7.58% 6.90% 11.29% 7.31% 302.28%
S&P 500 Index 13.65% 9.50% 10.91% 15.92% 5.64% 195.12%
Performance data quoted represents past performance and is no guarantee of future results. The Fund may have
ĞdžƉĞƌŝĞŶĐĞĚŶĞŐĂƟǀĞƉĞƌĨŽƌŵĂŶĐĞĚƵƌŝŶŐŽŶĞŽĨĂůůŽĨƚŚĞƐĞƟŵĞƉĞƌŝŽĚƐ͘ Current performance may be lower or
ŚŝŐŚĞƌ ƚŚĂŶ ƚŚĞ ƉĞƌĨŽƌŵĂŶĐĞ ĚĂƚĂ ƋƵŽƚĞĚ͘ /ŶǀĞƐƚŵĞŶƚ ƌĞƚƵƌŶ ĂŶĚ ƉƌŝŶĐŝƉĂů ǀĂůƵĞ ǁŝůů ŇƵĐƚƵĂƚĞ ƐŽ ƚŚĂƚ ĂŶ ŝŶǀĞƐƚŽƌ͛Ɛ
shares, when redeemed, may be worth more or less than original cost. As stated in the current prospectus, the Investor
ůĂƐƐ^ŚĂƌĞ͛ƐĂŶŶƵĂůŽƉĞƌĂƟŶŐĞdžƉĞŶƐĞƌĂƟŽ;ŐƌŽƐƐͿŝƐϭ͘ϭϬй͘dŚĞĚǀŝƐĞƌŚĂƐĐŽŶƚƌĂĐƚƵĂůůLJĂŐƌĞĞĚƚŽǁĂŝǀĞĂƉŽƌƟŽŶ
ŽĨŝƚƐĨĞĞĂŶĚͬŽƌƌĞŝŵďƵƌƐĞ&ƵŶĚĞdžƉĞŶƐĞƐƚŽůŝŵŝƚdŽƚĂůŶŶƵĂů&ƵŶĚKƉĞƌĂƟŶŐdžƉĞŶƐĞƐƚŽϬ͘ϵϴйƚŚƌŽƵŐŚKĐƚŽďĞƌϯϭ͕
ϮϬϭϵ͘KƚŚĞƌƐŚĂƌĞĐůĂƐƐĞƐŵĂLJǀĂƌLJ͘dŚĞ&ƵŶĚĐŚĂƌŐĞƐĂϮ͘ϬйƌĞĚĞŵƉƟŽŶĨĞĞŽŶƐŚĂƌĞƐƌĞĚĞĞŵĞĚǁŝƚŚŝŶƐŝdžŵŽŶƚŚƐŽĨ
ƉƵƌĐŚĂƐĞ͘ZĞƚƵƌŶƐƐŚŽǁŶĨŽƌůĞƐƐƚŚĂŶƐŝdžŵŽŶƚŚƐĚŽŶŽƚƌĞŇĞĐƚƚŚĞϮ͘ϬйƌĞĚĞŵƉƟŽŶĨĞĞ͘&ŽƌƚŚĞŵŽƐƚƌĞĐĞŶƚŵŽŶƚŚͲ
ĞŶĚƉĞƌĨŽƌŵĂŶĐĞ͕ƉůĞĂƐĞĐĂůů;ϴϳϳͿϯϮϴͲϵϰϯϳŽƌǀŝƐŝƚƚŚĞĚǀŝƐĞƌ͛ƐǁĞďƐŝƚĞĂƚǁǁǁ͘ĂƵdžŝĞƌĂƐƐĞƚ͘ĐŽŵ͘dŚĞƌĞĐĞŶƚŐƌŽǁƚŚ
ƌĂƚĞŝŶƚŚĞƐƚŽĐŬŵĂƌŬĞƚŚĂƐŚĞůƉĞĚƚŽƉƌŽĚƵĐĞƐŚŽƌƚͲƚĞƌŵƌĞƐƵůƚƐƚŚĂƚĂƌĞŶŽƚƚLJƉŝĐĂůĂŶĚŵĂLJŶŽƚĐŽŶƟŶƵĞŝŶƚŚĞĨƵƚƵƌĞ͘
AUXIER FOCUS FUND GROWTH OF $10,000
Auxier Focus Fund - Growth of $10,000
$45,000
$40,000
$40,228
Auxier Focus Fund
S&P 500 Stock Index
$35,000
$29,512
$30,000
$25,000
$20,000
$15,000
$10,000
$5,000
2
02
a
It has been eight years since there
has been any public process on an
Aurora Airport Master Plan. Back
then, in 2011, which
was after almost two
years of public
process, an advisory
panel recommended a
Master Plan that did
not include
lengthening the
runway. Shortly thereafter, the
Oregon Department of Aviation
(ODA) made the same
recommendation to the Oregon
Aviation Board — the body that
oversees the work of the ODA — no
lengthening of the runway. In spite of
those recommendations, the Aviation
Board decided in favor of a 1,000-foot
runway extension, thus opening the
airport to the potential of more and
larger jets. At the time, the projected
cost for such an extension was $7
million. That projection somehow
grew to $33 million in a recent grant
request to the Federal Aviation
Administration.
That request to the FAA, approved by
the Legislative Emergency Board in
December despite considerable
opposition from citizens from the areas
near the airport, now appears to be dead.
That’s because the ODA needed to be
able to cite an updated and formally
approved Master Plan. Research
undertaken by legal counsel hired by the
Friends of French Prairie has been able
to confirm that neither exists.
So for the time being at least, it
appears that no federal funding for
extending the runway and expanding
the airport will be forthcoming.
Nevertheless, Charbonneau residents
and others insisting on a genuine,
open public process must remain
vigilant.
The Aurora Airport Master Plan
process has been a decade-long
CAC invites your comments
ĞĨŽƌĞŝŶǀĞƐƟŶŐLJŽƵƐŚŽƵůĚĐĂƌĞĨƵůůLJĐŽŶƐŝĚĞƌƚŚĞ&ƵŶĚ͛ƐŝŶǀĞƐƚŵĞŶƚŽďũĞĐƟǀĞƐ͕ƌŝƐŬƐ͕ĐŚĂƌŐĞƐĂŶĚĞdžƉĞŶƐĞƐ͘dŚŝƐĂŶĚ
ŽƚŚĞƌŝŶĨŽƌŵĂƟŽŶŝƐŝŶƚŚĞƉƌŽƐƉĞĐƚƵƐ͕ĂĐŽƉLJŽĨǁŚŝĐŚŵĂLJďĞŽďƚĂŝŶĞĚďLJĐĂůůŝŶŐ;ϴϳϳͿϯϮϴͲϵϰϯϳŽƌǀŝƐŝƟŶŐƚŚĞ&ƵŶĚ͛Ɛ
ǁĞďƐŝƚĞ͘WůĞĂƐĞƌĞĂĚƚŚĞƉƌŽƐƉĞĐƚƵƐĐĂƌĞĨƵůůLJďĞĨŽƌĞLJŽƵŝŶǀĞƐƚ͘
d ŚĞŐƌĂƉŚƐŚŽǁƐƚŚĞǀĂůƵĞŽĨĂŚLJƉŽƚŚĞƟĐĂůŝŶŝƟĂůŝŶǀĞƐƚŵĞŶƚŽĨΨϭϬ͕ϬϬϬŝŶƚŚĞĨƵŶĚĂŶĚƚŚĞ^ΘWϱϬϬ/ŶĚĞdžŽŶ:ƵůLJϵ͕ϭϵϵϵ;ŝŶĐĞƉƟŽŶ
ŽĨƚŚĞ&ƵŶĚͿĂŶĚŚĞůĚƚŚƌŽƵŐŚDĂƌĐŚϯϭ͕ϮϬϭϵ͘&ƵŶĚƌĞƚƵƌŶƐ;ŝͿĂƐƐƵŵĞƚŚĞƌĞŝŶǀĞƐƚŵĞŶƚŽĨĂůůĚŝǀŝĚĞŶĚƐĂŶĚĐĂƉŝƚĂůŐĂŝŶĚŝƐƚƌŝďƵƟŽŶƐĂŶĚ;ŝŝͿ
ǁŽƵůĚŚĂǀĞďĞĞŶůŽǁĞƌĚƵƌŝŶŐƚŚĞƉĞƌŝŽĚŝĨĐĞƌƚĂŝŶĨĞĞůƐĂŶĚĞdžƉĞŶƐĞƐŚĂĚŶŽƚďĞĞŶǁĂŝǀĞĚ͘WĞƌĨŽƌŵĂŶĐĞƐŚŽǁŶŝƐĨŽƌƚŚĞ&ƵŶĚ͛Ɛ/ŶǀĞƐƚŽƌ
ůĂƐƐƐŚĂƌĞƐ͖ƌĞƚƵƌŶƐĨŽƌŽƚŚĞƌƐŚĂƌĞĐůĂƐƐĞƐǁŝůůǀĞƌLJ͘WĞƌĨŽƌŵĂŶĐĞĨŽƌ/ŶǀĞƐƚŽƌůĂƐƐƐŚĂƌĞƐĨŽƌƉĞƌŝŽĚƐƉƌŝŽƌƚŽĞĐĞŵďĞƌϭϬ͕ϮϬϬϰƌĞŇĞĐƚƐ
ƉĞƌĨŽƌŵĂŶĐĞŽĨƚŚĞĂƉƉůŝĐĂďůĞƐŚĂƌĞĐůĂƐƐŽĨƵdžŝĞƌ&ŽĐƵƐ&ƵŶĚ͕ĂƐĞƌŝĞƐŽĨhŶŝĮĞĚ^ĞƌŝĞƐdƌƵƐƚ;ƚŚĞ͞WƌĞĚĞĐĞƐƐŽƌ&ƵŶĚ͟Ϳ͘WƌŝŽƌƚŽ:ĂŶƵĂƌLJϯ͕
ϮϬϬϯ͕ƚŚĞWƌĞĚĞĐĞƐƐŽƌ&ƵŶĚǁĂƐĂƐĞƌŝĞƐŽĨŵĞƌŝƉƌŝŵĞ&ƵŶĚƐ͘dŚĞƉĞƌĨŽƌŵĂŶĐĞŽĨƚŚĞ&ƵŶĚ͛Ɛ/ŶǀĞƐƚŽƌůĂƐƐƐŚĂƌĞƐĨŽƌƚŚĞƉĞƌŝŽĚƉƌŝŽƌƚŽ
ĞĐĞŵďĞƌϭϬ͕ϮϬϬϰƌĞŇĞĐƚƐƚŚĞĞdžƉĞŶƐĞƐŽĨƚŚĞWƌĞĚĞĐĞƐƐŽƌ&ƵŶĚ͘dŚĞ^ΘWϱϬϬ/ŶĚĞdžŝƐĂďƌŽĂĚͲďĂƐĞĚ͕ƵŶŵĂŶĂŐĞĚŵĞĂƐƵƌĞŵĞŶƚŽĨĐŚĂŶŐĞƐ
ŝŶƐƚŽĐŬŵĂƌŬĞƚĐŽŶĚŝƟŽŶƐďĂƐĞĚŽŶϱϬϬǁŝĚĞůLJŚĞůĚĐŽŵŵŽŶƐƚŽĐŬƐ͘KŶĞĐĂŶŶŽƚŝŶǀĞƐƚĚŝƌĞĐƚůLJŝŶĂŶŝŶĚĞdž͘
dŚĞ&ƵŶĚŵĂLJŝŶǀĞƐƚŝŶǀĂůƵĞƐƚŽĐŬƐ͕ǁŚŝĐŚĂƌĞƐƵďũĞĐƚƚŽƌŝƐŬƚŚĂƚƚŚĞŝƌŝŶƚƌŝŶƐŝĐǀĂůƵĞŵĂLJŶĞǀĞƌďĞƌĞĂůŝnjĞĚ͕ĂŶĚŐƌŽǁƚŚƐƚŽĐŬƐ͕ǁŚŝĐŚ
ŵĂLJďĞƐƵƐĐĞƉƟďůĞƚŽƌĂƉŝĚƉƌŝĐĞƐǁŝŶŐƐ͘/ŶǀĞƐƚŵĞŶƚƐŝŶŵŝĚͲƐŝnjĞĚĐŽŵƉĂŶŝĞƐŐĞŶĞƌĂůůLJĐĂƌƌLJŐƌĞĂƚĞƌƌŝƐŬƚŚĂŶŝƐĐƵƐƚŽŵĂƌŝůLJĂƐƐŽĐŝĂƚĞĚ
ǁŝƚŚůĂƌŐĞƌĐŽŵƉĂŶŝĞƐ͘DŽƌĞŽǀĞƌ͕ŝĨƚŚĞ&ƵŶĚ͛ƐƉŽƌƞŽůŝŽŝƐŽǀĞƌͲǁĞŝŐŚĞĚŝŶĂƐĞĐƚŽƌ͕ĂŶLJŶĞŐĂƟǀĞĚĞǀĞůŽƉŵĞŶƚĂīĞĐƟŶŐƚŚĂƚƐĞĐƚŽƌǁŝůů
ŚĂǀĞĂŐƌĞĂƚĞƌŝŵƉĂĐƚŽŶƚŚĞ&ƵŶĚƚŚĂŶĂĨƵŶĚƚŚĂƚŝƐŶŽƚŽǀĞƌǁĞŝŐŚĞĚŝŶƚŚĂƚƐĞĐƚŽƌ͘ŶŝŶĐƌĞĂƐĞŝŶŝŶƚĞƌĞƐƚƌĂƚĞƐƚLJƉŝĐĂůůLJĐĂƵƐĞƐĂĨĂůůŝŶ
ƚŚĞǀĂůƵĞŽĨĂĚĞďƚƐĞĐƵƌŝƚLJ;&ŝdžĞĚͲ/ŶĐŽŵĞ^ĞĐƵƌŝƟĞƐZŝƐŬͿǁŝƚŚĐŽƌƌĞƐƉŽŶĚŝŶŐĐŚĂŶŐĞƐƚŽƚŚĞ&ƵŶĚ͛ƐǀĂůƵĞ͘&ŽƌĞŝŐŶƐĞĐƵƌŝƟĞƐĂƌĞƐƵďũĞĐƚ
ƚŽĂĚĚŝƟŽŶĂůƌŝƐŬƐŝŶĐůƵĚŝŶŐŝŶƚĞƌŶĂƟŽŶĂůƚƌĂĚĞ͕ĐƵƌƌĞŶĐLJ͕ƉŽůŝƟĐĂů͕ƌĞŐƵůĂƚŽƌLJĂŶĚĚŝƉůŽŵĂƟĐƌŝƐŬƐ͘Foreside Fund Services, LLC, distributor.
IN
NT E G R I T Y • K N O W L E D G E • CO
O MM
M IT
TMENT
www.auxierasset.com • 1-800-835-9556
15668 NE Eilers Road • Aurora, OR 97005
The Auxier Difference
:ĞīƵdžŝĞƌŝŶƚĞŶƟŽŶĂůůLJůŝǀĞƐĂŶĚǁŽƌŬƐĨĂƌĨƌŽŵƚŚĞƐǁŝƌůŝŶŐĞŵŽƟŽŶƐŽĨtĂůů^ƚƌĞĞƚ͘ƚŚŝƐ
ůŽĐĂůKƌĞŐŽŶĨĂƌŵ͕ĂŶĚŚŝƐŶĞĂƌďLJŽĸ
ĐĞ͕:ĞīĂŶĚŚŝƐƚĞĂŵĂƌĞĂďůĞƚŽĐŽŶĚƵĐƚƚŚĞŬŝŶĚŽĨ
independent thinking that they feel keeps them ahead of the pack, not chasing it.