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Regional News - Southwest
Intermountain Healthcare's $158M Deal Meets Strong Demand
Despite ongoing federal court battles over the fate of the nation's health insurance system, Utah's Intermountain Healthcare Services found a receptive muni market when it priced $158 million of tax-exempt bonds July 22, officials said.
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Debt-Free Salt Lake City Airport Launches $1.8B Redevelopment
With no debt on its books, Salt Lake City International Airport has broken ground on a $1.8 billion redevelopment that will not require a bond issue until 2016 at the earliest, officials said.  more »
Utah
Local Fracking Ban Invalid, Judge Rules
Oil and gas producers in Colorado won a significant legal victory Thursday, as a state district court struck down a local on hydraulic fracturing within city limits.  more »
Colorado
Katy ISD Reviews $748M Bond Proposal With Stadium
A year after voters rejected a $99 million bond issue that included a controversial football stadium, Katy Independent School District is considering a $748 million proposal that includes a cheaper stadium.  more »
Texas
Texas Spends $6M For Charles Schwab Expansion
Texas will provide nearly $6 million in subsidies for Charles Schwab Corp. to add a new center in El Paso and expand its Austin operation, Gov. Rick Perry said.  more »
Texas
Houston Sees Savings on $372M Issued Over Two Days
Houston saved about $16.6 million on $372 million of new money and refunding issues over a two-day period, controller Ronald Green told The Bond Buyer.  more »
Texas
Brownback Aims to Shield Kansas Forts from Cuts
Kansas Gov. Sam Brownback, a frequent critic of federal spending, is urging Congress not to cut funding for military bases in the Sunflower State.  more »
Kansas
SEC In Slow-Moving Probe of Kansas Pension Disclosure
The Kansas Public Employees Retirement System is under investigation by the Securities and Exchange Commission for its pension disclosure practices, a probe that began in 2010, according to a KPERS spokeswoman and bond documents.  more »
Kansas
Toll Roads Risky in Undeveloped Areas, Fitch Says
The plight of State Highway 130 outside Austin, Texas, is a stark example of the risks involved in building toll roads in undeveloped areas, according to Fitch Ratings.  more »
Texas
Investment Returns Push Kansas Pension Funding Above 60%
Kansas Public Employees Retirement System has crossed the 60% funding threshold for its pension fund with strong investment returns.  more »
Kansas
Zions Direct Sees Online Opportunity For Muni Primary
The online securities auction site Zions Direct – intent on becoming the "eBay of fixed income" -- is looking for a chance to price its first municipal primary market issue, according to chairman David Hemingway.  more »
Utah
Brewer to Appeal $1.6B Arizona School Fund Ruling
Arizona Gov. Jan Brewer said the state will appeal a state district court order to restore $1.6 billion in school funding.  more »
Arizona
Hickenlooper Leaves Fracking Call to Voters
Colorado Gov. John Hickenlooper will leave a decision on statewide oil and gas drilling restrictions to voters instead of calling a special session.  more »
Colorado
Utah Charges Brought Against Two Former AGs
Two former attorneys general for Utah, Mark Shurtleff and John Swallow, took bribes in criminal and civil cases, prosecutors said in charges filed in the state's 3rd District Court in Salt Lake City.  more »
Utah
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Commentary: BDA, Broker Dealers Have Constructively Engaged on MA Rule
By: Michael Nicholas
Since the release of the Securities and Exchange Commission's final municipal advisor registration rule in September 2013, the Bond Dealers of America and its members have dedicated significant efforts and resources to work with regulators, educate issuers and ultimately be prepared to make a successful implementation of the rule.

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