Infrastructure

The Senate may vote on a multi-year Federal Aviation Administration bill this week that could include an increase in the cap on passenger facilities charges, a key lawmaker and others said Tuesday at a meeting here sponsored by the American Association of Airport Executives.

DALLAS — Harris County, Tex., is considering two options for refunding $205 million of toll-road put bonds on Thursday.

Pennsylvania Gov. Edward Rendell Monday called for a special session of the legislature to begin Aug. 23 to address the state’s $472.5 million transportation funding gap.

WASHINGTON — About $23 billion of transit bonds that are backed by sales tax have held onto strong credit ratings despite taking a hit from the economic recession and retaining their negative credit outlook, Moody’s Investors Service said Friday in a special report.

BRADENTON, Fla. — The Georgia Department of Transportation is moving forward with its second public-private partnership project — a long-discussed multi-modal passenger terminal in downtown Atlanta.

CHICAGO — Fitch Ratings stripped $9.3 million of special-assessment revenue bonds from the Toledo-Lucas County Port Authority of their investment-grade rating Wednesday.

ALAMEDA, Calif. – California Treasurer Bill Lockyer raised eyebrows this week by questioning the viability of some segments of the state’s proposed high-speed passenger train system.

WASHINGTON — Congress is unlikely to authorize the creation of a national infrastructure bank before next summer, despite its potential to spur more private investment in transportation, water, and energy projects, transportation stakeholders from the public and private sectors said yesterday.

CHICAGO — Illinois and the Regional Transportation Authority of Illinois were able to overcome a steady stream of bad fiscal news as they entered the market this week with deals that drew strong-enough investor interest to keep the risk premium on interest rates down.

Clark County is expected to sell $236.85 million of revenue bonds on Tuesday to finance street, highway, and transit projects.