Southwest

The University of Colorado Board of Regents on Wednesday unanimously approved $140 million to remodel athletic facilities.

The Internal Revenue Service has told Avondale, Ariz. that it believes $29.8 million of Build America Bonds it issued in 2009 do not qualify for subsidy payments because of tax law violations.

Former Bear Stearns managing director Roberto "Bobby" Ruiz was sentenced to two years in federal prison for his role in a massive El Paso County corruption case.

A company that will convert landfill methane gas to electricity for the city of San Antonio will use $9 million of taxable revenue bonds to finance the project, officials said.

Standard & Poor's on Monday raised the rating on $10.9 million of utility bonds issued for the city of Sherman, Texas, to AA-minus from A-plus.

Dallas Independent School District will issue $143 million of qualified school construction notes this week with proceeds earmarked for expansion and maintenance projects throughout the state's second-largest school district.

Standard & Poor's and Moody's both changed their outlook on Arizona to positive from stable based on the state's improved budget stabilization fund balances.

The Fannin County Public Facility Corp. in Texas is negotiating with the Internal Revenue Service to settle a dispute over $30.78 million of revenue bonds it issued in 2008 to finance a jail.

The Internal Revenue Service has begun auditing $12.93 million of general obligation bonds issued in 2006 by the Brighton School District No. 27J in Colorado.

Fifty years after the assassination of John F. Kennedy, Parkland Hospital, where he was pronounced dead, is preparing to move into a new $1.27 billion facility across the street.