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.
El Paso Council Derails Bid to Block City Hall Demolition
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.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY