Infrastructure

The Bond Oversight Commission will hear a request Thursday from the Oklahoma Turnpike Authority for $178 million of 20-year revenue bonds. The authority will use the proceeds to add lanes to road sections in Tulsa and Oklahoma City.

A 2011 bill transferring $101.7 million from a highway transportation revolving fund into the general fund was constitutional, Oklahoma solicitor general Patrick Wyrick contended last week in a hearing before a state Supreme Court referee.

A week of noise involving unions and commuters ended quietly in a Manhattan conference room on Friday, when the Port Authority of New York and New Jersey board of commissioners approved a set of toll and fare increases that the states' governors modified.

WASHINGTON - Garvee bond ratings are at risk from the increasingly unpredictable budget and policy process in Washington, Standard & Poor's warned in a report released Friday.

The Port Authority of New York and New Jersey’s board of commissioners cited the need to maintain a high bond rating Friday morning in approving a set of toll and fare hikes for the region after the states’ governors softened the blow.

CHICAGO - Public hearings began Thursday on the Illinois State Toll Highway Authority's proposed 15-year, $12 billion, partially bond-financed capital program ahead of a possible board vote next week at which one board member will push an alternative.

BRADENTON, Fla. - A stalled beltway project near Jacksonville in northeast Florida will get a partial kick-start with the construction of a bond-financed segment, state officials announced Wednesday.

DALLAS - Amid rising sales tax revenue and an improving economy, Phoenix is considering a bond issue to revive plans for a $288 million extension of the metro area's new light-rail system.

WASHINGTON - Lurking in the legislative weeds on Capitol Hill is another threat to states' and localities' ability to fund bond-financed and other transportation projects.

More than 80 people, including members of Michigan's Senate Economic Development Committee, embarked Monday on a fact-finding tour of proposed sites for a controversial plan to build a publicly funded bridge over the Detroit River.