Far West

The San Diego City Council approved a financial plan for its convention center expansion that involves issuing $549.5 million in bonds.

California Treasurer Bill Lockyer gauges the state is going to see a more than triple increase in new money general obligation bond sales this fiscal year compared to last.

The U.S. Court of Appeals for the Federal Circuit heard oral arguments Tuesday in the case of Corr V. Metropolitan Washington Airports Authority, a lawsuit that strikes at MWAA's primary mechanism of repaying more than $2 billion of bond debt.

California Gov. Jerry Brown vetoed a bill known as Redevelopment 2.0 and other redevelopment-related measures in the final hours before his Sunday night deadline to act on legislation from the 2012 session.

The District of Columbia will sell $700 million of general obligation notes Oct. 11, part of a flurry of borrowing activity to close the calendar year.

The troubled city of Hercules, Calif., is facing a ticking debt-service clock as it banks on selling its utility in order to redeem bonds.

If approved by San Diego County Water Authority's board, a $3 billion water purchase agreement with Stamford-based Poseidon Resources released Thursday could bring to realization Poseidon's 10-year effort to build a seawater desalination plant in Carlsbad.

Muni dealers should consider advising customers that issuers of Build America Bonds may have the option to call those bonds starting Jan. 2 if budget cuts due to sequestration take effect.

California school districts and local governments have placed local bond measures totaling $14.7 billion on the ballot hoping for the enhanced success rate typical of presidential elections.

Proposed rules aimed at increasing protection for retail investors who trade munis online would impose undue costs and administrative burdens on muni dealers, industry participants say.