Far West

Just three months after the operator of the parking garages at New York's Yankee Stadium defaulted on its debt, it faces another obstacle, this time with the Internal Revenue Service.

A poll released by Probolsky Research/PublicCEO.com shows that California voters oppose new, local taxes and fees, but approved of the job their mayors and city/town councils and county supervisors are doing.

Honolulu has repaved 130 lane miles over the past six months putting the city and county on track to repave at least 300 lane miles of deteriorated roads by the end of this year, according to a release from Honolulu Mayor Kirk Caldwell.

Figtree Energy Financing officials said a financing process established when it closed on a $809,000 private placement bond on July 10 will enable it to place a minimum of $500,000 in private placement bonds every 60 days.

The Internal Revenue Service has closed its audit of $650 million of general obligation limited tax school bonds issued in 2007 by Clark County, Nev. School District without changing their tax-exempt status.

San Francisco Community College District's pending accreditation loss is a credit negative, says Moody's Investors Service.

Homeland Security Secretary Janet Napolitano resigned from her position on Friday to take over the University of California system.

The largest creditors in San Bernardino, Calif.'s Chapter 9 bankruptcy are taking opposing positions on a decision that will determine the city's eligibility to be in bankruptcy.

Several bills to help reinvent redevelopment tools for California municipalities are again making their way through the state legislature after Gov. Jerry Brown vetoed similar bills last year.

The Financial Industry Regulatory Authority fined four firms $106,000 and fined and suspended an individual for municipal securities rule violations.