Florida Cat Fund in Best Financial Shape Ever
The Florida Hurricane Catastrophe Fund is well positioned to absorb losses, the fund’s financial advisor says, even though $454 million in insurance claims have been filed since Hurricane Matthew brushed the state.  more »
Federal Emergency Management Agency officials survey damage on Oct. 10 to State Road A1A in St. Johns County caused by Hurricane Matthew.
Memphis airport officials Thursday gave a green light to a $110 million bond issue for a new airfield maintenance facility and an improved system for keeping de-icing fluid out of stormwater runoff.  more »
Virginia road planners will evaluate local requests for $9 billion of state funding.  more »
Two groups submit acceptable financial plans for Virginia’s $2 billion P3 plan to expand I-66.  more »
Big-ticket transit plans are riding on the outcome of ballots cast in densely populated Wake County, N.C., and Atlanta in November, where voters are being asked to increase sales taxes to fund those plans.  more »
No objections were raised during Tuesday's Owensboro, Ky., City Commission meeting to the introduction of a pair of borrowing initiatives totaling more than $15.8 million.  more »
VENICE, Fla. -- An internal draft document comparing the cost of renovating the current Venice police station with building a new one significantly narrows the gap between the two projects to less than $3 million.  more »
The city of Tamarac brings a small deal to market amid a heavy slate this week that officials believe is only the third public green bond offering from Florida.  more »
With North Augusta working to finalize the Project Jackson master development agreement by year's end, criticisms of the mixed-use development are still in the batting order.  more »
It was a meeting that took only five minutes but its action will impact the Laurel community for decades to come.  more »
Vanderbilt University received an upgrade to triple-A ahead of its first foray into the bond market since separating financially from its medical center.  more »
Miami agreed to pay $1 million to settle securities fraud charges after the city was found guilty by a local jury of playing a shell game to hide its deteriorating financial condition from bondholders.  more »
Anniston, Ala., City Council members on Thursday agreed to allow city officials to begin the process of refinancing bonds to save the city money.  more »
The Kentucky Court of Appeals ruled that the city of Fort Wright can proceed with its lawsuit alleging that the Kentucky Retirement Systems made millions in improper investments in alternative asset classes.  more »

James Colby, Senior Municipal Strategist and author of the Muni Nation blog at Van Eck, stopped by The Bond Buyer recently to chat with Senior Markets Reporter Chip Barnett about municipal market performance. He also discussed the stability of munis versus other asset classes, muni bond fund inflows versus money market fund outflows, muni exchange traded funds, and what to expect in the last quarter the year.

The SEC's MCDC initiative is causing many municipal issuers and underwriters to change the way they do things.

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