Northeast

A $220 million Pittsburgh Parking Authority borrowing plan hit a snag Thursday as the agency’s board voted against hiring bond professionals to help structure the debt sale.

New Jersey Gov. Chris ­Christie Wednesday ended an $8.7 billion mass-transit tunnel project and rejected U.S. Secretary of Transportation Ray LaHood’s financing suggestions that would have addressed potential cost overruns on the nation’s largest public transportation project.

New York’s Metropolitan Transportation Authority approved bridge and tunnel toll hikes that will yield an additional 7.5% of revenue at its monthly board meeting Wednesday.

The Dormitory Authority of the State of New York gave both preliminary and final approvals Wednesday to up to $1.4 billion of bonds for education, higher education, and health care projects at a board meeting in Albany.

Pittsburgh’s City Council Tuesday approved a $220 million Pittsburgh Parking Authority bond deal that aims to prevent a state takeover of the city’s pension system.

New York’s Metropolitan Transportation Authority is looking to sell more than $1 billion of tax-exempt debt next month, including a $250 million remarketing of variable-rate debt as fixed rate.

WASHINGTON — Baltimore County on Tuesday expects to competitively sell $371 million of general obligation bonds plus $20 million of qualified school construction bonds.

The New York City Transitional Finance Authority plans to market $750 million of triple-A rated subordinate-lien bonds this week, right on the heels of a $1.23 billion general obligation deal from the city earlier this month.

The Port Authority of New York and New Jersey Thursday moved forward with a freight-rail expansion program while offering little information on the future of a new passenger-rail tunnel that would run between New Jersey and Manhattan.

Pittsburgh’s City Council gave preliminary approval Wednesday to a $220 million borrowing plan for the Pittsburgh Parking Authority that would help keep the city’s pension system out of state control.