Far West

Within the last month at least eight issuers indicated they will likely take advantage of its extraordinary redemption provisions to refund Build America Bonds due to reduced interest subsidy payments triggered by sequestration.

Honolulu officials held a bike rally on Thursday to raise awareness about street changes planned to encourage people to use the $5.2 billion elevated rail under construction on Oahu.

Moody's Investors Service has downgraded to A1 from Aa3 the Metropolitan Washington Airports Authority's $5 billion of airport revenue bonds.

Foothill/Eastern Transportation Corridor Agency's plan to refund $2.5 billion may be delayed as it waits for approval from the California transportation department.

Moody's Investors Service said it has revised the outlook on the Port of Seattle's outstanding revenue bonds to negative from stable.

The California Public Employees' Retirement System was successful in its efforts to have Winston & Strawn, the law firm representing National Public Finance Guarantee Corp. disqualified from San Bernardino's bankruptcy case, according to court documents.

Mayor-elect Eric Garcetti announced on Monday that Ana Guerrero will serve as his administration's chief of staff.

A state commission on Wednesday approved 5% pay raises for California's top officials and lawmakers, according to reports

The Internal Revenue Service's adverse ruling about the Village Center Community Development District will not impact other Village CDD bonds that Fitch rates.

Idaho received a MIG1 rating, the best quality short-term rating, from Moody's Investors Service, ahead of plans to price $500 million in tax anticipation notes on June 25.