Far West

Huntington Park, Calif. redevelopment and pension obligation bonds took a ratings hit Thursday after the city relied on a reserve surety to make a Sept. 1 debt payment.

Moody's says downgrades possible if California tax increase measures that would increase school funding fail in November.

Securities and Exchange Commission officials downplayed the potential for the so-called budget "sequestration" Thursday, but said dealers selling Build America Bonds should inform investors of any potentially risky call provisions.

Moody's Investors Service affirmed the Aa1 rating of King County, Wash. limited tax general obligation bonds and the Aaa rating of its unlimited tax GOs.

Fitch placed the A rating of revenue bonds for Medford, Ore. continuing care retirement community Rogue Valley Manor on negative watch due to the potential impact of a lawsuit.

Idaho's state controller, Donna Jones, retired to focus on recovering from injuries sustained in a car accident in May.

City of Hope, a Los Angeles County research hospital, received a bump from a stable to positive outlook on its A1 Moody's rating.

California Governor Jerry Brown appointed Jay Hansen to the California Health Facilities Financing Authority.

Bonds have played a role in financing spaceports.