The partners working on an Austin-San Antonio Commuter Rail District added a new member as the city of Schertz agreed to pay the $49,500 membership fee for a seat on the board. The board is studying a commuter rail system along the Interstate 35 corridor with the aim of easing traffic between San Antonio and Georgetown, north of Austin, boosting local economies along the way. The Schertz City Council also authorized the Schertz Economic Development Corp. to vote on all the financial and planning aspects of the rail system. The San Antonio suburb of 28,180 did not authorize additional city resources or taxes nor commit to future costs for the rail project.
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"We are in interesting times as the market must now balance these robust technicals against a backdrop of geopolitical tension in the Middle East and the nomination of Kevin Warsh, whose hawkish reputation is already being weighed by participants," said Jason Wong, vice president of municipals at AmeriVet Securities.
March 23 -
Otero County's March 13 emergency meeting to avoid a bond default did not comply with the Open Meetings Act, the state's Justice Department determined.
March 23 -
"This is the largest flood we have had in 20 years," said Hawaii Gov. Josh Green.
March 23 -
Three rating agencies now have negative outlooks on New York City.
March 23 -
"The secondary infrastructure demands [of data centers] will increasingly flow through to municipal balance sheets, driving incremental issuance across multiple sectors," said J.P. Morgan strategists.
March 23 -
A fatal crash and closure at New York's LaGuardia Airport adds to the list of transportation hurdles that includes a jump in jet fuel prices, and travel delays due to a lapse in TSA funding.
March 23










