Far West

Maui County, Hawaii Mayor Alan Arakawa said the county's decision to price $70.2 million in bonds competitively worked out well with all-in interest costs of 2.18%.

Hawaii sold $866.9 million of general obligation bonds in mid-November achieving an all-in interest cost of 2.6%, Finance Director Kalbert Young said.

The Bay Area Toll Authority, Calif.’s $5.3 billion of senior bonds kept their Aa3 rating from Moody’s Investors Service.

The National League of Cities has tapped Clarence E. Anthony, a former mayor and NLC president, to become its new executive director early next year.

After nearly a decade of court battles brought by environmental advocates, the fate of Poseidon Resource's proposed Carlsbad, Calif. desalination plant will be decided Thursday when the San Diego County Water Authority board votes on a $3 billion water purchase agreement.

California's general obligation bond yields have tightened against top-rated municipal debt since the November election, partly amid investor speculation the state's credit rating may be raised.

Judge dismisses bankruptcy case after Mammoth Lake, California reaches a settlement over $43 million owed to a developer, its largest creditor.

The Federal Transit Administration notified Congress on Monday that it will sign by year-end a $1.55 billion full funding grant agreement to help fund Honolulu’s $5.2 billion elevated rail project.

The IRS is auditing $149.1 million of general obligation bonds issued by Beaverton, Ore. School District in 2007.

Regulatory priorities for the Treasury Department and Internal Revenue Service this year and next include proposing guidance on arbitrage investment restrictions which likely includes issue price, according to plans they released this week.