Regional News
San Antonio Seeks Rate Hike to Keep Sewers from 'Falling Apart'
Thursday, November 15, 2012
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Faced with a sewer system that San Antonio Mayor Julian Castro says is "falling apart," the San Antonio Water System is proposing a rate increase of nearly 10% to help finance maintenance.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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