Infrastructure

DALLAS — The battle lines are being drawn in Austin over the capital city’s request for $90 million of general obligation bonds for transportation as opponents ramp up efforts to defeat the proposition on Nov. 2.

Moody’s Investors Service downgraded to Baa1 its underlying rating on Bishop International Airport.

The Port Authority of New York and New Jersey is considering a two-part financing structure with a private developer that would design, build, finance, and maintain a new Goethals Bridge, according to the request for qualifications for the project.

New York’s Metropolitan Transportation Authority plans to competitively price $347 million of Triborough Bridge and Tunnel Authority bonds Wednesday.

SAN FRANCISCO — California’s first public-private project got a $1.1 billion boost from the recently passed state budget, which will fund construction of a new six-lane roadway linking San Francisco and the Golden Gate Bridge.

DALLAS — Even with ratings at the low end of investment grade, Colorado’s E-470 Public Highway Authority sees an opportunity for favorable interest rates on a $105 million toll revenue bond refunding this week.

Commuter rail service between Boston and Providence will extend south to Warwick, R.I., this year, Rhode Island Gov. Donald Carcieri announced last week.

The Pittsburgh City Council is poised next week to reject a $451.6 million offer for its parking system that would, if completed, raise revenue needed to ward off a state takeover of the city’s pension system, which is only 30% funded.

The Port Authority of New York and New Jersey plans to sell $850 million of traditional taxable bonds next week to finance construction at the World Trade Center site.

WASHINGTON — The top Republican on the House Transportation and Infrastructure Committee is opposing a recent Obama administration plan to invest in transportation, warning it is a year late and unacceptable because it would be paid for by ending tax loopholes for oil companies.