Infrastructure

Nearly $1 billion of notes and bonds to be priced and placed soon will keep the Grand Parkway toll loop growing around the Houston metro area.

Former Florida state Rep. Steve Precourt has declined an offer to be the executive director of the Orlando-Orange County Expressway Authority.

The Federal Reserve Bank of San Francisco appointed Gina Marie Lindsey, executive director of Los Angeles World Airports, to the board of its Los Angeles branch.

Proposed federal legislation would revive state infrastructure banks as a funding option for local transportation projects.

New York's Metropolitan Transportation Authority will receive $886 million from the U.S. Department of Transportation to further its post-Hurricane Sandy Repairs.

The Illinois State Toll Highway Authority kicks off its New Year with a long planned $400 million refunding that will be followed in late winter with new-money borrowing to support an ongoing $12 billion program.

The current U.S. transportation secretary and his predecessor on Thursday each separately warned about the dangers of letting the Highway Trust Fund become insolvent on or before the end of fiscal 2014.

Jameson Doig, author of a book about the history of the Port Authority of New York and New Jersey, said the agency has never experienced a controversy as huge as the Bridgegate scandal.

An investigation of Florida's Orlando Orange County Expressway Authority prompted the board Wednesday to reduce the terms of a contract offer to the new executive director.

With a better Fitch outlook, Regional Transportation Authority of Illinois will take bids on $106 million of general obligation bonds with officials hoping to benefit from an improving market for Illinois paper.