Southwest

DALLAS — A nonprofit public charter school will sell revenue bonds in April for new facilities through a conduit issuer approved Wednesday by the Dallas City Council.

The North Texas Tollway Authority is seeking two financial advisors after opening up its bidding process under new board policies.

DALLAS – After rapid growth in leverage over the past five years, the Colorado State University System will have $631 million of outstanding when it sells $125.8 million of enterprise revenue bonds this week, analysts said.

DALLAS — An Austin citizens bond development committee must cut by more than half a list of potential projects to be financed by a general obligation bond package going to voters in November.

The $5.25 billion expansion of the Panama Canal scheduled for completion in 2014 has sparked billions of dollars worth of highway, rail and port projects in Texas as the state races to complete construction in time for the expected surge in trade traffic.

The San Antonio City Council last week set May 12 as the election date for the city’s request for $596 million of general obligation bond authority for infrastructure improvements.

State Sen. Patrick Anderson, R-Enid, said last week he expects a lawsuit over the Oklahoma Council of Bond Oversight’s decision to approve $26 million of state lease revenue bonds for a dam project in Tulsa.

More than 75% of Shawnee, Okla., voters last week rejected proposed increases in their property and sales taxes to support $50 million of bonds for civic projects.

The Wichita City Council last week designated a 400-acre site in east Wichita as a STAR bond district that can issue debt supported by revenues from the state’s 6.3% sales tax.

Voters in North Little Rock School District No. 1 last week approved a property tax increase to support up to $200 million of 31-year general obligation bonds.