Infrastructure

Santa Monica planned to sell $41 million of lease-revenue bonds this week to fund renovations of a parking garage to serve the city’s downtown shopping area and to refund existing bonds.

BRADENTON, Fla. - Broward County, Fla., has reached a milestone in its effort to move forward with an $800 million financing to support the $1.5 billion cost of a major runway extension and other improvements at Fort Lauderdale-Hollywood International Airport.

DALLAS - Arkansas will be able to repair and upgrade more than 400 miles of Interstate highway with proceeds from $575 million of Garvee bonds being decided by voters on Tuesday, up from earlier estimates of 300 miles.

CHICAGO - The Toledo-Lucas County Port Authority plans to issue $14.4 million of bonds to finance a takeover of Toledo's parking system in a deal that gained final City Council approval last week.

SAN FRANCISCO - Washington anti-tax and initiative crusader Tim Eyman has filed a lawsuit to try to void the state's $519 million bond deal for a floating bridge project.

A political action group has been established to oppose a plan to increase the Arkansas severance tax on natural gas that could be on the November 2012 ballot.

Arkansas Gov. Mike Beebe used his Saturday radio address to ask voters to support a $575 million road bond plan in the Nov. 8 special election.

DALLAS - Arkansas Gov. Mike Beebe urges voters in a 30-second television ad being aired statewide to renew a $575 million Garvee highway bond program at next week's special election.

With the appointments two weeks ago of Joseph Lhota and Patrick Foye as heads of the Metropolitan Transportation Authority and the Port Authority of New York and New Jersey, respectively, New York Gov. Andrew Cuomo has his own people in charge of the two major agencies.

CHICAGO - Cleveland Hopkins International Airport plans to price $75 million of passenger fee-backed revenue bonds Wednesday, its first new-money borrowing in 10 years.