Far West

Hawaii’s Council on Revenues has scheduled an emergency meeting for Tuesday in the wake of the earthquake and tsunami disaster in Japan.

City leaders in Santa Clara will give $4 million of redevelopment funds to the San Francisco 49ers football team to get a head start on fixing up a new stadium site.

San Francisco voters will get another chance to weigh in on reforming the city’s pension and retiree medical benefit costs.

WASHINGTON — The Securities and Exchange Commission’s muni enforcement priorities include staying on top of undisclosed pension liabilities, faulty bond valuation and pricing, and undisclosed potential tax ­violations that could jeopardize the tax-exempt status of bonds, the SEC’s top cop said Wednesday.

An independent financial adviser has informed the Securities and Exchange Commission that an underwriter recently told a prospective bond issuer that it provided services similar to a financial adviser.

The Internal Revenue Service has ruled that an investor-owned utility can demolish bond-financed pollution control facilities without jeopardizing the tax-exempt status of the bonds or its interest deductions related to the debt.

WASHINGTON — Independent financial advisers are warning the Securities and Exchange Commission that the Municipal Securities Rulemaking Board’s proposed changes to Rule G-23 contain loopholes that would allow dealer-financial advisers to switch roles and become underwriters in the same muni transactions.

LOS ANGELES — California’s Sierra Kings Healthcare District is nearing a deal that could lead to its exit from Chapter 9 bankruptcy.

ALAMEDA, Calif. — Many California redevelopment agencies are facing major credit challenges that have nothing to do with the governor’s plan to eliminate them, Fitch Ratings said in a special report released Monday.

LOS ANGELES — The Southern California city of Costa Mesa has sent pink slips to around half of its workers as it weighs outsourcing a range of services to corral spending.