Southwest

Grand Junction Regional Airport Authority chairman Denny Granum resigned from the board amid an FBI investigation of fraud.

A citizens' initiative in Oklahoma City seeks to curtail a voter-approved sales tax two years earlier than planned and prevent the use of $252 million for a new convention center.

Arizona Public Service Co. has closed three coal-fired generators at the Four Corners Plant and plans to spend $350 million upgrading the two that remain.

Alvin Independent School District near Houston will take advantage of low short-term interest rates with $103 million of soft-put variable rate bonds.

After years of negotiation and political upheaval over financing a $150 million entertainment center, the city of Irving, Texas, is ready to issue $35 million of revenue bonds for the project.

Standard & Poor's placed nearly $1 billion of certificates of participation for four transit systems on its watch list Monday based on its new ratings criteria.

Houston is considering building a new law enforcement headquarters that could cost up to $500 million.

Moody's Investors Service affirms the National Conference of State Legislature's A3 credit rating.

Heavily used roads in Texas' energy-producing regions will get $150 million for repairs and improvements.

El Paso Water Utilities will refund $70 million of debt after an upgrade from Standard & Poor's to AA-plus from AA.