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North Carolina Votes for Infrastructure Bonds
North Carolina voters decide March 15 if North Carolina can issue $2 billion of general obligation bonds to finance higher education and state capital projects.
The planned $160 million Plant Sciences Research Complex at North Carolina State University would be financed with state bonds, if voters approve a state bond measure March 15.
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“This is a big win for Wyoming and the nation,” said Wyoming Governor Matt Mead.
State governors and other public officials who warned that new Environmental Protection Agency regulations could cause significant economic harm to their states and localities are hailing the Supreme Court’s decision to place a stay on the EPA’s plan.  more »
CARY -- Wake County school board members expressed worries Wednesday that they may not have enough money to keep up with growth in the next few years if a school construction bond referendum isn't placed on the ballot this year.  more »
SANFORD -- The Sanford City Council is discussing the possibility of waiting a few more years before issuing the greenway and recreation bonds approved by voters in 2013 so that the city may decide the best way to spend the money.  more »
Richmond Community College President Dr. Dale McInnis was on hand for Hamlet's February City Council meeting to campaign for the $2 billion Connect N.C. bond referendum.  more »
The city took on millions of dollars in new bonds at a record low rate and refinanced others Tuesday.  more »
The president of Robeson Community College on Monday outlined for Robeson County commissioners exactly what the college intends to do with its share of the $2 billion in bond money that college officials are hoping will be approved by voters during the primary.  more »
ATHENS -- Voting unanimously, the Athens City Council dedicated $1.8 million in city revenue to help build a new Athens High School.  more »
LAKEWOOD RANCH -- With the stroke of a pen Friday, Rex Jensen signed off on a $79.5 million bond issue that will pay for roads and utilities in Schroeder-Manatee Ranch's massive Waterside project in Sarasota County.  more »
City officials are considering the viability of an economic development tool aimed at increasing property values and spurring redevelopment through local government-issued bonds.  more »
The 11th Circuit Court of Appeals said it will hear oral arguments in Jefferson County, Ala.’s bankruptcy case.
Jefferson County, Ala., faces another court test more than two years after its exit from bankruptcy was approved.  more »
LAKEWOOD RANCH -- With the stroke of a pen Friday, Rex Jensen, signed off on a $79.5 million bond issue that will pay for roads and utilities in Schroeder-Manatee Ranch's massive Waterside project in Sarasota County.  more »
A group of hotel, motel and other hospitality professionals has voted unanimously to back a new financing plan for a $250 million overhaul of Lexington's downtown convention center.  more »
Louisiana John Bel Edwards said he has asked his most vocal critics to be "solution-driven and compromise-oriented" in dealing with the state's budget crisis.
In a newspaper column Tuesday, the governor said he would not support budget cuts that could throw universities into financial exigency and close hospitals in order to deal with Louisiana's budget crisis.  more »

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Gerrard Bushell, the new CEO and president for the Dormitory Authority of the State of New York, outlines his goals for one of the nation's leading municipal bond issuers with northeast regional reporter Andrew Coen.

While the SEC's MCDC Initiative has provided some clarity with regard to materiality and confirmed that the reasonable diligence standard of Rule 15c2-12 applies to both negotiated and competitive deals, no clarity has been offered with regard to the extent of the reasonable diligence obligations of those participating in competitive deals, as co-managers, syndicate members or selling dealers. ...

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