Far West

Municipal market trading volume fell 13% from the first quarter of last year, according to statistics released by the Municipal Securities Rulemaking Board on Tuesday.

The House voted 387 to 35 on a bill Tuesday night that would reauthorize surface transportation programs for another two months and avoid a cutoff of federal reimbursements to states for highway and transit projects during the busy construction season.

San Diego officials said the city will begin negotiations with the Chargers football team after a citizens' committee provided Mayor Kevin Faulconer with its final report.

Container volumes at the Port of Los Angeles dropped 6% in April compared to the same period last year, according to port officials.

San Bernardino, Calif. is now planning to give bondholders significantly worse treatment than they have received in any municipal bankruptcy to date, Moody’s Investors Service said in a comment piece.

The House may vote Tuesday on a two-month extension of federal transportation funding that otherwise would end May 31.

After three years of negotiations, the Los Angeles Department of Water and Power is seeking final approval to sell its 21.2% stake in the coal-fired Navajo Generating Station in Page, Ariz., to the Salt River Project.

The Financial Industry Regulatory Authority fined a dealer firm and fined and suspended an individual for violations of Municipal Securities Rulemaking Board rules, FINRA revealed in its monthly disciplinary report for May.

The closure of the Treasury SLGS window has added a degree of difficulty to some refunding deals.

The Orange County Water District board voted to approve a water reliability agreement term sheet with Poseidon Water, developer of a desalination plant.