Far West

Airports may someday face competition from high-speed rail, but that's not a sure thing yet, Kroll Bond Rating Agency said in a new report on rating methodology for general airport revenue bonds.

Faced with legal challenges to its plans for a publicly-backed hotel near the Oregon Convention Center, the Portland Metro Council has asked a judge to review its financing plan for the project.

An Orange County, Calif. citizens' group says it will file a lawsuit in an attempt to invalidate $265 million in bonds issued for an expansion to the Anaheim convention center.

The state of California sold $750 million of general obligation bonds in a competitive deal on Tuesday, with Wells Fargo submitting the winning bids.

Standard & Poor's downgraded Daughters of Charity Health System, Calif. by six notches to junk level B-minus following the system's earlier announcement that it is looking for buyers for its hospitals.

Standard & Poor's has revised the outlook to stable from negative on the Stockton Public Financing Authority's outstanding tax increment financing bonds.

U.S. Rep. Tony Cardenas told the manufacturer of the popular Sriracha hot sauce if Irwindale, Calif. doesn't want your factory the San Fernando Valley will take it.

The Municipal Securities Rulemaking Board has filed a new rule with the Securities and Exchange Commission to implement an annual fee of $300 for each municipal advisor professional that is to be paid by registered municipal advisors.

Metropolitan Washington Airport Authority will complete funding of a rail line to Dulles International Airport with May's negotiated sale of $450 million of toll revenue bonds.

California Gov. Jerry Brown has called a special legislative session for later this month to take up changes he has proposed for the state's Rainy Day Fund.