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DIA Vows to Keep Airport Hotel Costs Below $600M After Overruns
Denver International Airport's South Terminal hotel will cost no more than $600 million after a series of overruns ballooned the budget beyond its original $500 million, DIA chief executive Kim Day told the City Audit Committee on Nov. 20.
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The University of Arkansas Board of Regents will look for savings with a $90 million refunding of bonds issued in 2006 for the medical school.  more »
Texas Children's Hospital plans to add a 19-story tower to its Texas Medical Center campus in Houston as part of a $475 million expansion plan.  more »
San Antonio has agreed to make $43 million of improvements to the 21-year-old Alamodome stadium in its winning bid to host the 2018 NCAA Final Four men's basketball tournament.  more »
The Arizona Transportation Board will enter rush-hour traffic to the refunding market this week with a $457 million issue expected to bring net present value savings of better than 5%.  more »
Dallas Federal Reserve Bank has hired a search firm to find a replacement for President Richard Fisher, who plans to leave the post on March 19.  more »
Utah voters approved $139 million of bonds and rejected $12.7 million in the Nov. 4 election. Voters also approved five sales-tax increases and rejected two.  more »
The Internal Revenue Service is auditing two bond issues sold in 2007 by Colorado authorities for a university and a health care borrower.  more »
Arizona voters approved more than $2 billion of bonds in the Nov. 4 election, with most of the proposals winning by a comfortable margin, according to official results.  more »
As Dallas Area Rapid Transit prepares for a $430 million refunding issue this month, the transit agency is also mapping plans for nearly $1 billion of downtown projects linked to a proposed high-speed rail line and the city’s convention center hotel.  more »
Former Arkansas Treasurer Martha Shoffner will face trial on mail fraud charges after she declined to say in court that she had solicited campaign contributions for her personal use.  more »
Voters across Texas approved $5.59 billion of the more than $6.8 billion of bonds on the ballot, according to the Austin consulting firm Strategic Partnerships Inc.  more »
New Mexico will use $169 million of bond authority granted by the voters in the Nov. 4 election for senior citizens centers, libraries and schools.  more »
Joining a year-end rush to market, the Texas Transportation Commission plans to offer $1.4 billion of top-rated general obligation bonds in December.  more »

The Allen Park, Mich., case marks the first time a city official has been charged on the theory that he "controlled" the persons who committed the primary securities law violations, even though he isn't alleged to have participated or even known of the conduct at issue.

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