Regional News
El Paso Council Derails Bid to Block City Hall Demolition
Monday, December 10, 2012
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El Paso City Council last week narrowly defeated, by 5-3, a plan to include on the May 2013 municipal election ballot a proposal to stop the demolition of El Paso City Hall to make way for a bond-financed minor league baseball stadium.

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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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