Southwest

Colorado Springs is remarketing $66 million of variable-rate utility refunding revenue bonds with a new liquidity provider, effective Tuesday.

Arizona school districts may not use leftover bond money on projects that were not specifically approved by voters, a Maricopa County Superior Court judge has ruled.

DALLAS - With its debt already at a record level, the North Texas Tollway Authority waived a $3.2 billion project offered by the Texas Department of Transportation.

DALLAS - Arizona's Salt River Project Agricultural Improvement and Power District achieved savings of about $58 million or 12.3% on a $441.5 million refunding that is the first and largest issue of the year from the electric utility provider, officials said.

DALLAS - Texas Sen. Kirk Watson, D-Austin, outlined a 10-part, 10-year plan Tuesday to build an academic hospital and medical school at the University of Texas in Austin.

DALLAS - Lenders have repossessed a 33-acre retail and entertainment complex adjoining Glendale, Ariz.'s National Hockey League arena after a failed foreclosure auction.

DALLAS - Voters in North Little Rock, Ark., will decide whether to raise the city's sales tax rate by up to 1% at a special election set for Nov. 8.

DALLAS - Denver International Airport plans to take advantage of historically low interest rates with $425.9 million of refunding bonds as it pursues a major expansion.

Grapevine-Colleyville Independent School District said it saved $16.5 million of interest costs with the first sale from its $124.5 million bond package approved by voters in May.

San Antonio Independent School District trustees voted last week to be a party in a proposed lawsuit seeking to overturn the system for allocating state funds to public school districts.