Southwest

A bond investor’s suspicions triggered a municipal bond trustee’s firing of a vice president but the question remains: what happened to more than $2 million?

The Texas Transportation Commission decided tolls are not needed to fund a proposed $530 million highway project.

The Texas Public Finance Authority expects its triple-A credit to attract institutional and retail investors to an upcoming $445 million issue of taxable general obligation bonds for cancer research and prevention.

The University of North Texas System will reduce the size of its $222 million deal by $45 million after a private placement offer provided better terms, officials said.

The IAH Public Facility Corp. has reached a proposed settlement with the Internal Revenue Service to resolve a tax-law dispute relating to about $49 million of bonds it issued in 2004 and 2006 to finance a jail in Polk County, Texas.

Texas Gov. Greg Abbott tells road planners to look at projects that eliminate bottlenecks and reduce traffic congestion.

Rating agencies have restored stable outlooks on the University of North Texas system as UNT prepares to go to market with $222 million of revenue bonds.

The Texas Attorney General’s Office will not decide on the local property tax exemptions of two P3 student housing projects at Texas A&M.

Colorado Department of Transportation executive Michael Cheroutes moves to the private sector Oct. 1 as founder of the Colorado Center for Infrastructure Investment, a nonprofit that will consult on public-private partnerships.

The three states that rely on the Colorado River for their water supplies will not face federal rationing in 2016, a fact that is credit positive for bond issuers in the region, according to Moody’s Investors Service.