Indeed it is. This gigantic statue belongs to a marine store located in Aloha. A looooooooooooooooooong time ago (nye on four years) Blog stumbled upon the bunny and took a picture of "Harvey" for the Oregon Commentator. Sho, of Wazeth fame, passed along this link detailing the history of what is evidentially a community icon with god-like powers.

Harvey the Rabbit is loved and feared by the residents of Aloha. Passing commuters honk at the statue in hope that doing so will prevent flat tires. People write to the bunny, confessing a wide array of emotions and thoughts. In 1987, when Harvey's head was removed for a cleaning, angry parents with traumatized children called the business demanding answers. Children in the local elementary school reported having nightmares.

You don't believe Blog, Dr. Jones? Just follow the link. You will believe!