Colorado

The U.S. Olympic Museum could break ground in the next several weeks after a Colorado Springs redevelopment agency agreed Friday to issue bonds that will provide a crucial piece of funding for the $75 million project.

Moody’s Investors Service retained a negative outlook on Catholic Health Initiatives $5.7 billion of rated debt after lowering the healthcare giant to Baa1 from A3. The downgrade comes less than a month after a similar move by S&P Global Ratings.

Parker Schenken, a veteran public finance attorney from Nebraska, will join the public finance team at Sherman & Howard in Denver, the firm said.

Nonprofit health giant Catholic Health Initiatives fell one notch to BBB-plus on S&P Global Ratings' scale Thursday due to a weakened financial profile, analysts said.

With a strong, fourth-quarter kick, bond volume in the Southwest set a second consecutive record at $83.4 billion, surpassing the 2015 total by 7.2%, according to data from Thomson Reuters.

With $9 billion of transportation projects awaiting funding, Colorado Gov. John Hickenlooper is joining legislative leaders in supporting a $3.5 billion bond program for shovel-ready projects.

As the 2017 Colorado General Assembly gets underway, one measure lawmakers are expected to consider is a sales tax increase for a $3.5 billion transportation and infrastructure bond program.

A new Colorado Municipal Bond Club for people working in the municipal bond industry will provide networking and an annual ski outing, founders said.

Federal civil rights investigation will delay Colorado’s proposed $1.7 billion P3 highway expansion project.

Energy-producing states affected by two years of deterioration in natural resource prices can expect continued global headwinds to pressure revenues, according to Fitch Ratings.