Far West

Groups active in the municipal market are urging federal agencies to exempt tender option bonds and nonprofit and state agency student loan organizations from risk retention rules imposed by the Dodd-Frank Act.

San Francisco's triple-A rated Bay Area Transit System is planning to sell $240 million of bonds next week to finance earthquake safety improvements throughout its facilities.

Moody's left most California redevelopment bonds at junk after a review, unpersuaded by state government assurances that tax allocation bond debt service payments take precedence.

Bellevue School District in King County, Wash. is planning to sell $100 million of unlimited tax general obligation bonds in a competitive offering next week to fund school construction throughout the district.

The Los Angeles Unified School District board extended Superintendent Sean Deasy’s contract to June 2016 after nearly five hours of discussion in closed session.

Moody’s Investors Service has completed its review of California tax allocation bond ratings, making 12 upgrades and nine downgrades and leaving most redevelopment bonds at speculative grade.

The San Diego City Council Infrastructure Committee approved $121 million in lease revenue bonds bond for street repairs, public safety building improvements, and a variety of other projects.

Standard & Poor's has upgraded Sausalito, Calif.'s general obligation bond rating two notches based on its recently released new local GO criteria.

Los Angeles Mayor Eric Garcetti announced Monday that City Administrative Officer Miguel Santana will keep his job as the city's top budget advisor.

Attorneys representing Victorville, Calif. and its officials argued in court that SEC fraud charges in connection with a 2008 bond offering should be dismissed.