Infrastructure

DALLAS - Texas Gov. Rick Perry's office rejected doubling the salary of the Texas Department of Transportation's executive director but did authorize a salary above a statutory maximum of $292,500, officials said.

Pennsylvania Gov. Tom Corbett appointed Charles Kopp, Boise Butler 3d, John Soroko and James Shacklett 3d to four-year terms on the Philadelphia Regional Port Authority.

President Obama approved New York State’s request to expedite the review and approval process to allow work to begin on the replacement of the Tappan Zee Bridge between Westchester and Rockland counties.

The New York City Transitional Finance Authority sold $758 million of future tax-secured, fixed-rate subordinate bonds last week by negotiated sale.

Connecticut Gov. Dannel Malloy announced the award of $5 million to 11 cities, towns, and regional planning organizations for transit-oriented development aimed at improving links between communities and their transportation infrastructure.

BRADENTON, Fla. - After nearly 10 months of inaction, investors of the defaulted bonds issued by North Florida's Santa Rosa Bay Bridge Authority may see restructuring negotiations get under way now that a governing board is in place.

DALLAS - Phil Wilson, a former aide to Gov. Rick Perry recently named executive director of the Texas Department of Transportation, should be paid twice as much as his predecessor, according to the new chairman of the board that oversees TxDOT.

Anchorage will drop its lawsuit against the Knik Arm Bridge and Toll Authority, which is proposing a controversial public-private toll bridge project, according to published reports.

DALLAS - Standard & Poor's on Wednesday lowered its rating on the Arizona Transportation Board's subordinate-lien highway revenue bonds to AA-plus from AAA with a negative outlook.

WASHINGTON - The chairman of the House Transportation and Infrastructure Committee warned Wednesday that "a national infrastructure bank as proposed" in President Obama's jobs bill "is dead on arrival in the House of Representatives."