Far West

Alaska has signed and made public agreements with two major gas companies that will allow a major pipeline project to move forward even if the private firms decide to drop out of it.

In a report, Moody’s Investors Service said it has completed a review that resulted in upgrades for almost all of the $4.7 billion of California tax allocation bonds it rates.

The Los Angeles City Council approved a four-year labor contract that rolls back pension reform measures enacted in 2012.

The Port of Seattle Commission has approved a $408.4 million budget for 2016 that includes extensive infrastructure investments as part of a more than $2 billion capital improvement plan.

Credit agencies say the new $305 billion FAST Act funding law is credit positive for state road and transit debt secured by federal transportation grants.

Standard & Poor's has affirmed its A-minus rating on Sunnyvale Redevelopment Agency Calif.'s series 2003 tax allocation bonds and revised its outlook to positive from stable, citing the likely settlement of its court battle with the state Department of Finance.

California Attorney General Kamala Harris approved a management agreement for the Daughters of Charity Health System saying it would stave off bankruptcy and maintain services at the hospital chain.

The Internal Revenue Service told Woodland Hills School District in Allegheny County, Pa. that bonds it issued in 2005 and advance refunded in 2013 may violate tax requirements and be taxable.

President Obama signed a five-year, $305 billion transportation funding bill on Friday.

California’s state auditor said she found widespread mismanagement at the Central Basin Municipal Water District and made more than 35 recommendations for changes.