Utah

Utah has postponed a $235 million advance refunding that had been expected to price competitively Sept. 3.

A $235 million advance refunding of Utah general obligation bonds could be sidelined by falling Treasury rates, according to state Treasurer Richard K. Ellis.

With no debt on its books, Salt Lake City International Airport has broken ground on a $1.8 billion redevelopment that will not require a bond issue until 2016 at the earliest, officials said.

Despite ongoing federal court battles over the fate of the nation's health insurance system, Utah's Intermountain Healthcare Services found a receptive muni market when it priced $158 million of tax-exempt bonds July 22, officials said.

The online securities auction site Zions Direct – intent on becoming the "eBay of fixed income" -- is looking for a chance to price its first municipal primary market issue, according to chairman David Hemingway.

Two former attorneys general for Utah, Mark Shurtleff and John Swallow, took bribes in criminal and civil cases, prosecutors said in charges filed in the state's 3rd District Court in Salt Lake City.

Utah's Wasatch County School District is looking for savings in a $40.8 million refunding as it enjoys a lift in tax revenues.

The Utah Transit Authority is privately placing $144 million of subordinate sales tax revenue bonds to reduce variable-rate exposure.

A proposed convention center hotel in Salt Lake City wins $75 million in tax incentives under new legislation.

Utah must adjust to a growing population, environmental threats and the need to improve education while attracting new business, Gov. Gary Herbert told lawmakers.

Seeking to avoid debt wherever possible, state lawmakers are searching high and low for money to repair their aging capitols in the wake of recession.

Utah Gov. Gary Herbert's proposed $13.3 billion includes $261 million in new money for education and $36 million to expand the state prison at Gunnison.

Weber County, Utah, will price $39.4 million of general obligation refunding bonds in a competitive sale Dec. 5.

Before 67% of voters in Utah's Jordan School District defeated the largest school bond proposal in the state's history on Nov. 5, district officials and those from the city of Bluffdale exchanged angry letters over alleged use of public money during the campaign.

Texas voters approved a $2 billion water bond program Tuesday in the largest of many bond related issues voters decided in the off-year.

Standard & Poor's on Monday raised its long-term rating on South Salt Lake, , citing improved debt-service coverage.

Utah has abruptly withdrawn requests for proposals to relocate the Utah State Prison in Draper, citing the need for more evaluation of the state's incarceration needs.

Moody's Investors Service raised the outlook on Utah Municipal Power Agency's A2 rating to stable from negative ahead of a $21.5 million revenue bond sale.

Salt Lake County plans a competitive pricing Oct. 30 for about half of the $47 million of general obligation bonds approved by voters last year.

Utah taxpayers will lend the federal government $1.7 million to reopen five national parks for 10 days under a deal signed by Gov. Gary Hebert.