Voters in Enid last week turned down a $39 million bond issue for street improvements, narrowly approved a $7 million bond for bridge work, and overwhelmingly approved a 25-year extension of a 1% sales tax to finance construction of a wastewater treatment plant and renovations to the downtown library.
The bond issue for street repairs failed with 68% opposed. The bridge bonds passed with 58% approval, and 68% of the voters approved extending until 2042 the sales tax that was to expire in 2017.
In a move that kicks the can down the road at the very least, the Commission has begun a process that often results in outright rejection.
The 2022 law, which has so far banned three major investment banks from underwriting municipal bonds in Oklahoma, could be amended to limit its reach to state agencies.
The SEC has won a partial victory against Choice Advisors and its principal Matthias O'Meara for their role in acting as unregistered brokers and for engaging in a fee-splitting arrangement.
The trio have decades of experience in high yield and investment grade portfolios and will launch new high-yield investment strategies and vehicles for Rockefeller.
"The rating action reflects our view of MIA's substantial demand, which surpasses pre-pandemic activity, and its leadership in enplanement growth for large hub airports since the fiscal 2019 peak," said S&P's Nora Wittstruck.
A state ban on bond underwriters that "boycott" or "discriminate" against the fossil fuel or firearms industries has resulted in fewer banks providing municipal financial products and services.
