Far West

The Bob Hope Airport in Burbank plans to sell a 59-acre parcel upon which a replacement terminal was originally proposed.

Moody’s Investors Service downgraded Hayward Unified School District bonds one notch and assigned a negative outlook; Standard & Poor’s assigned a negative outlook.

The Alaska legislature passed a budget that avoided a possible government shutdown next month, though the state still faces a major shortfall and will need to take action if oil revenues do not improve.

Municipal securities dealers are worried that their participation in the Securities and Exchange Commission's Municipalities Continuing Disclosure Cooperation initiative could cause them problems with multiple regulators, and have asked the SEC for reassurance that their businesses will not be impeded because they chose to report under the MCDC.

This week to see first House and Senate committee hearings in five years on sustainable options for the Highway Trust Fund.

San Diego plans citywide special election on Dec. 15 to seek approval for a new stadium for the National Football League’s San Diego Chargers, who have threatened to build a stadium with the Oakland Raiders in Carson, a city south of Los Angeles .

Moody’s Investors Service downgraded Poway Unified School District general obligation bonds to Aa3.

Standard & Poor’s revised its outlook to stable from negative and affirmed its BB long-term rating on North Las Vegas, Nev.’s limited-tax general obligation debt.

Idaho officials reassured investors about uncertainty surrounding federal funding for the state's multi-year highway construction program in a net road show ahead of the state's plans to price $157.5 million in grant and revenue anticipation refunding bonds on June 15.

Sponsors say a newly introduced measure to slash the federal gasoline tax would give the states flexibility in transportation funding.