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CHICAGO - Ohio State University's plan to privatize its parking system advanced this week when the school posted a request for qualifications for firms interested in the asset.
September 28 -
CHICAGO — Michigan-based Trinity Health Corp. will bring the year's largest health care deal to market next week when it sells $648 million of debt, some of which will finance its recent acquisition of Loyola University Health System.
September 27 - Ohio
The Cincinnati City Council last week approved a measure to issue up to $28 million of bonds to finance infrastructure improvements around a future casino.
September 27 - Nebraska
Omaha will retain its triple-A ratings from Standard & Poor's and Moody's Investors Service as it heads to market next week with $23.8 million of general obligation bonds.
September 27 - Michigan
Miller Canfield attorney Michael McGee has been tapped to serve on the board of the Citizens Research Council of Michigan, an independent research group, for the 2011-12 term, the firm announced Monday.
September 27 - Michigan
Michigan Gov. Rick Snyder last week signed into law a measure that will allow Highland Park to refinance and provide additional security for its outstanding financial recovery bonds.
September 27 - Michigan
CHICAGO - Ann Arbor in on track to become the first city in Michigan to launch a bond-backed energy efficiency program authorized in state legislation adopted last year.
September 23 - Illinois
CHICAGO - With a sizable bond issue coming, Fitch Ratings hit Cook County, Ill., with a downgrade to AA-minus from AA and revised its outlook to negative at the lower rating, warning that the nation's second-largest county faces persistent fiscal challenges.
September 22 -
CHICAGO - Holders of $18 million of unrated debt issued for a large suburban Cincinnati mall are working to extend a forbearance agreement with the project's owners, who have failed to make debt service payments on the bonds since 2008.
September 21 -
CHICAGO - A new independent study on a controversial plan to build a publicly funded bridge in Michigan says proposed bond covenants would protect state taxpayers if toll revenues fall short of expectations, but that interest rate costs could push the price tag past $4 billion.
September 20 - Nebraska
Moody’s Investors Service last week affirmed its Aa2 on Nebraska’s outstanding certificates of participation, which are issued to finance a variety of leases and equipment purchases for state agencies.
September 20 - Michigan
U.S. Rep. Hansen Clarke last week offered a bill that would require all federal taxes paid in Detroit to be reinvested back into the city for the next five years.
September 20 -
Members of the Michigan Legislature’s Senate Economic Development Committee said they would extend a series of hearings on whether to advance a plan to build a $3.8 billion, publicly funded bridge spanning the busy trade route between Detroit and Canada.
September 20 -
Detroit Mayor Dave Bing is expected to hand over management of a high-profile, $528 million light-rail project to the Detroit Economic Growth Corp.
September 20 - Ohio
CHICAGO - Ohio will take competitive bids Wednesday on $300 million of general obligation bonds to finance capital projects for schools across the state.
September 19 - Michigan
CHICAGO - In another move aimed at helping fiscally stressed municipalities enter the bond market, Michigan lawmakers have sent Gov. Rick Snyder legislation that would allow them to refinance outstanding financial recovery debt.
September 16 - Michigan
CHICAGO - Detroit Public Schools hopes to enter the market in the next two weeks to float a deficit bond issue that would eliminate two-thirds of its red ink.
September 13 - Ohio
The Ohio Housing Finance Agency last week approved the issuance of $15.5 million of tax-exempt multifamily bonds that will be used to renovate affordable housing properties in several counties across the state.
September 13 - North Dakota
North Dakota said last week it has reached a new record high in daily oil production. Production reached 423,550 barrels a day, according to the Department of Mineral Resources.
September 13 - Michigan
Wayne County officials will break ground Thursday morning on a new $300 million, mostly bond-financed lockup in downtown Detroit.
September 13

