Far West

The Los Angeles County Metropolitan Transportation Authority is at the forefront of a nationwide push to create a new tax-credit bond program for transportation investment.

The Poseidon Resources seawater desalination plant project experienced many delays, but the market for its BBB-minus project financing looks good now that Poseidon is ready to sell $781 million in bonds.

The Municipal Bonds for America launched a technical advisory committee this week as a technical market data resource for members of Congress, congressional staff, policymakers and to support the overall advocacy issues of the coalition.

Two Democratic state senators in Washington, Rodney Tom and Tim Sheldon, defected from their caucus to hand control to Republicans.

The Reno, Nev. City Council postponed a decision about a tentative plan to provide a $30 million subsidy to help the owners of the minor-league baseball Reno Aces refinance their stadium development debt.

Union leaders are asking Los Angeles mayoral candidates if they might be willing to get rid of Chief Administrative Officer Miguel Santana, who has urged the city to keep its budget in balance.

Los Angeles Mayor Antonio Villaraigosa signed a 25-year agreement with the Moapa Band of Paiute Indians in Nevada for a solar energy project.

A California lawmaker introduced a bill this month that would put a state school construction bond proposition on a ballot in 2014.

A lawsuit challenging the legality of the Dulles Rail project's toll-powered funding mechanism will have to head to yet another venue after the federal court weighing the case decided it did not have jurisdiction to rule on the matter.

Bondholders impacted by the San Bernardino bankruptcy are fighting an attempt by the California Public Employees' Retirement System to be given precedence over other creditors.