Macomb County officials are considering issuing $20 million to complete a 70-mile hiking and biking trail.
The county would issue recovery zone economic development bonds for the project, officials said.
Macomb’s RZEDB volume cap is $46 million, of which about $7 million has already been allocated.
The county is also applying for a grant from Michigan, local reports said. The trail reportedly needs another 24 miles to be complete.
The muni market is closing out the month of June with the curve "more or less static" to where it was at the end of May, Kim Olsan wrote for NewSquare Capital.
Conners & Co. consented to FINRA's findings without admitting or denying them.
The treasury and accounting software company DebtBook has launched two new artificial intelligence features, Insights and Marty.
Muni market professionals discuss the risks and benefits for issuers considering using AI to create disclosure documents.
The outlook revision to stable from negative follows the city's adoption of a fiscal 2027 budget with structural changes that greatly reduced a shortfall.
Washington Gov. Bob Ferguson said the economic council will build on other efforts he has championed to decrease permit housing times and encourage construction.
