Far West

The ports of Seattle and Tacoma have merged their marine cargo operations in an effort to better compete with other Pacific ports while keeping their bond portfolios independent.

Improved disclosure and transparency will help California’s leaders make the argument for improved infrastructure, State Treasurer John Chiang said.

The Marin Healthcare District of Marin County, Calif, plans to sell $170 million of investment-grade bonds next week to finance earthquake readiness measures and medical improvements at a 63 year-old hospital.

A proposed House bill to treat investment grade and actively traded municipal securities as high quality liquid assets received support from members of a House Financial Services Committee panel as well as banking experts during a hearing on Wednesday.

The San Diego City Council approved Mayor Kevin Faulconer’s plan to streamline the bidding process on infrastructure projects.

States will be hard-pressed to maintain their credit quality if they attempt to fund infrastructure needs solely through traditional tax-exempt debt financing, Standard & Poor’s said in a new report.

California State Public Works Board lease revenue bonds were affirmed ahead of plans to issue $210 million to fund prison construction projects.

California's first quarter revenues came in $744 million higher than the $22.5 billion anticipated

Washington Gov. Jay Inslee announced Oct. 16 that the federal government will assist parts of the state that suffered significant infrastructure damage in recent natural disasters.

Standard & Poor's has upgraded the Alameda County Redevelopment Agency, Calif.'s series 2006A tax allocation bonds to AA-minus from A-minus, the agency announced Friday.