Northeast

The New York City Municipal Water Finance Authority plans to sell about $435 million of second resolution, fixed-rate tax exempt new money bonds on Feb. 20.

The Pennsylvania Turnpike Commission's burdensome requirement to pay the state DOT $450 million annually would expire in 10 years under Gov. Tom Corbett's proposal.

Saying it was concerned about Amityville, N.Y.'s ability to repay $1.45 million in notes due in May, Standard & Poor's dropped the village's general obligation debt three notches to BBB-minus from A-minus Monday.

New York City Council Speaker Christine Quinn on Monday called for the creation of 40,000 new middle-income apartments over 10 years.

After falling less than the national bond market in 2011, the Northeast bounced back less than that market in 2012.

Capital city Providence, R.I., expects to balance its budget by year's end, Mayor Angel Taveras said.

Harrisburg, Pa., councilman Brad Koplinski, a major figure in the capital city's debt crisis, said he will run for Pennsylvania lieutenant governor as an advocate for localities.

New York State Comptroller Thomas DiNapoli says Utica is struggling financially, having "nearly depleted its fund balances."

The New York City Council has authorized a study to explore relocating utility wires underground in areas of the five boroughs vulnerable to weather.

Lamont Financial Services has made Renee Boicourt a partner of the firm.