Infrastructure

A proposed ballot measure to pay for a new Campbell police building and an almost-new library moved ahead Tuesday night, but the city council continued to struggle with the precise language that will go on the November ballot.

Mayor Tim Kabat Monday has vetoed the concept for the $49.2 million La Crosse Center expansion.

The authority, one of the largest municipal issuers, will substitute a Bank of Tokyo-Mitsubishi letter of credit with State Street.

U.S. Conference of Mayors President Stephen Benjamin talks about the ways to get Congress to bring back advance refundings for municipal bond issuers. The mayor of Columbia, S.C., also discusses a Smart Cities agenda that’s focused on growing cities through improved infrastructure. John Hallacy is host.

The New York governor announced a $150 billion infrastructure plan for the next five years.

A bill now in committee would sell distressed federal assets to fund projects in distressed communities and pay down the deficit.

Last week Mayor Rahm Emanuel selected billionaire tech entrepreneur Elon Musk's The Boring Co. to build tunnels that autonomous vehicles would zoom through at speeds over 100 mph to transport riders between the Loop and O'Hare International Airport.

State officials intend to come to market with $225 million of Commonwealth Transportation Fund revenue bonds.

The county's last junk bond rating was erased with a two-notch Moody's upgrade to Baa2.

The city isn't risking its money, only that Elon Musk won't deliver on his promises for an airport transit line.