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Regional News
City That Sued Chili Sauce Plant Had Portrayed It As Redevelopment Success
The Irwindale, Calif. Sriracha chili sauce manufacturing facility now being threatened by a lawsuit from Irwindale, Calif. had been promoted as a successful use of California's now defunct redevelopment law.
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Far West
Berkeley, Calif. to Sell $15M for Street Improvements
The city of Berkeley, Calif. is planning a competitive offering of $15 million of general obligation bonds to finance street improvements.  more »
Midwest
Detroit Mayor-elect and Emergency Manager Announce Governance Plan
Detroit's mayor-elect, Mike Duggan, will manage the bankrupt city's day-to-day operations under an agreement with the city's emergency manager, Kevyn Orr, that was announced Thursday.  more »
Southwest
Bomb-damaged OKC Building To Get New Life
A building damaged by the 1995 Oklahoma City bombing will be redeveloped with $4.75 million in tax-increment financing.  more »
Northeast
Image: Boomberg News
DiNapoli: Queens Rebounded Nicely
Queens rebounded strongly from the recession over the past two years, according to an economic snapshot of the New York City borough by state Comptroller Thomas DiNapoli.  more »
Southeast
Virginia Transportation Projects Top $2.5 Billion In 2013
The Virginia Department of Transportation sought bids on more than $2.5 billion of transportation projects — more than the promised $2 billion - this year, Gov. Bob McDonnell said Wednesday.  more »
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Lebenthal Talks Fed Taper, Puerto Rico
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Ask the Experts is an educational video series, hosted by The Bond Buyer and Municipal Finance Today, that features an engaging Q&A with commercial banking industry professionals. This series, sponsored by Bank of America Merrill Lynch, addresses today's most talked-about commercial banking topics, including emergency preparedness, fraud prevention, and creating financially and environmentally sustainable opportunities.

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Commentary: How Take a Tax Loss and Then Profit From Obamacare
Discount bonds performed worse because of the dreaded de minimis rule, under which buyers pay taxes on the gain at maturity at the ordinary income rate when the discount is large. But there is a silver lining — taking a tax-loss can ease the pain.

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