Rich Saskal

ALAMEDA, Calif. — The Seattle City Council Monday ratified agreements designed to smooth the path toward construction of a tunnel to replace the elevated Alaskan Way viaduct along the city’s waterfront.

ALAMEDA, Calif. — Bankruptcy attorney Bruce Bennett, who represented Orange County, in its 1994 bankruptcy case, has joined Dewey & LeBoeuf LLP along with nine other California attorneys from his bankruptcy and restructuring practice, the firm announced Monday.

ALAMEDA, Calif. — Most holders of $451.5 million of first-tier revenue bonds issued for the Las Vegas Monorail are prepared to accept $111 million up front and release Ambac Assurance Corp. from its exposure to the defaulted bonds, the bond trustee said in a disclosure filing.

Both the main airport and seaport in the Commonwealth of the Northern Mariana Islands remain shaky financial propositions, Fitch Ratings said this week in affirming their speculative-grade ratings.

Real estate development firm Majestic Realty Tuesday announced a proposal to build a new football stadium at the University of Nevada, Las Vegas, with the help of tax-increment bond financing.

ALAMEDA, Calif. — Conflict looms when Nevada lawmakers convene Monday to map out a budget for their recession-battered state.

ALAMEDA, Calif. — In the wake of a recently disclosed investigation of the primary state lobbying group for California municipal underwriters, Treasurer Bill Lockyer said Tuesday he will no longer allow investment bankers to pass along the assessments they pay to the group as underwriter expenses in bond deals.

ALAMEDA, Calif. — California Gov. Jerry Brown threw down a gauntlet to opponents of his budget proposal during his state of the state address Monday night, when he challenged them to craft alternative solutions for the parts they oppose.

ALAMEDA, Calif. — A recent California appeals court ruling will require developers of many community facilities districts to pay so-called prevailing wages for all public improvements, whether or not they are financed with bonds.

ALAMEDA, Calif. — Most Californians agree with Gov. Jerry Brown’s plan to hold a special election soon to decide if temporary state tax increases should be extended, according to a poll released this week.

New taxes and program cuts will be needed to bring Hawaii’s budget back into balance, Gov. Neil Abercrombie said Monday in his first state of the state address.

Richmond won an important legal battle related to a municipality’s right to fire union workers.

With the future of California redevelopment programs in question after Gov. Jerry Brown proposed their elimination, Controller John Chiang Monday announced state auditors will review 18 redevelopment agencies to learn how RDA funds are used and the extent to which they comply with laws governing their activities.

ALAMEDA, Calif. — The primary lobbying group for municipal underwriters in California is under investigation by the Financial Industry Regulatory Authority.

ALAMEDA, Calif. — California may be in a tough budget position, but it’s not facing an imminent cash crisis, state financial officials said.

ALAMEDA, Calif. — Siebert Brandford Shank & Co. has hired Joanie Jones-Kelly as a senior vice president.

ALAMEDA, Calif. — Los Angeles County has withdrawn from the California Statewide Communities Development Authority, the state’s largest conduit issuer.

ALAMEDA, Calif. — California Gov. Jerry Brown has extended the state of fiscal emergency declared by his predecessor, Arnold Schwarzenegger.

ALAMEDA, Calif. — Washington priced more than $452 million of general obligation bonds Wednesday in competitive deals that drew multiple bids, even as lawmakers continued to haggle over the state’s growing budget deficit.

Fitch Ratings downgraded San Jose redevelopment bonds four notches Tuesday, lowering $1.7 billion in San Jose Redevelopment Agency tax allocation bonds to BBB-minus from A. At the same time, the agency’s housing set-aside tax allocation bonds were downgraded to A from A-plus.