Infrastructure

A non-profit alliance of businesses has formed to help Ontario, Calif. officials in their efforts to wrest control of LA/Ontario International Airport from Los Angeles.

Alaska voters appeared likely to approve a $453 million transportation bond, based on early returns.

John Horsley and Jack Basso will take about 90 years of experience with them when they retire from the American Association of State Highway and Transportation Officials in February, and the two are disappointed to be stepping away from a very uncertain future.

The MTA's Triborough Bridge and Tunnel Authority should be able to absorb revenue losses from Hurricane Sandy closures, said Moody's, though liquidity could be further squeezed.

The Orlando-Orange County Expressway Authority in central Florida hopes to take advantage of low market rates for savings and reduce its variable-rate exposure in a $463 million refunding Nov. 15.

New York's MTA, restoring its subway and commuter rail systems after Hurricane Sandy's damage, will continue its flurry of bond activity this week.

The nearly $30 billion in economic damages caused by Hurricane Sandy will not have a detrimental effect on the creditworthiness of U.S. debt, but it is likely to have negative consequences for mid-Atlantic electric utility companies.

New York City Housing Development Corp. president Marc Jahr has been tapped as the chairman of the interim executive committee of Municipal Bonds for America, a coalition formed to stave off threats to tax exemption.

State transportation agencies are working together to develop strategies aimed at making investment in infrastructure more palatable to the public, as official fears of a rising investment gap meet public concerns about long-term debt.

Indiana's transportation director visited Ohio to tout the Hoosier State's $3.8 billion toll road lease as Ohio Gov. John Kasich nears an announcement on the privatization of the Ohio Turnpike.