Southwest

AUSTIN — The $1.3 billion effort to replace Dallas County’s public hospital was able to get off the ground with the use of Build America Bonds, which reduced the debt service burden on county taxpayers.

AUSTIN — Not yet a year after Build America Bonds began to lift municipal debt issuance to its second-highest volume on record, issuers and brokers are finding that they must commit more time to educating potential investors who make up an increasingly diverse base of buyers, experts told The Bond Buyer’s Texas Public Finance Conference yesterday.

DALLAS — With a statewide moratorium on new private toll projects still in place after more than two years, the Texas Transportation Commission is planning a bypass around that financial barrier to leverage existing funds.

DALLAS — The Texas Department of Transportation expects to go to market this spring after gaining approval to issue up to $3 billion of general obligation bonds.

DALLAS — A court case that threatens plans for the first nuclear power project in more than three decades headed for trial after a Texas district judge in San Antonio ruled that the lawsuit by the city’s CPS Energy utility could go forward.

DALLAS — The Dallas City Council on Wednesday approved the sale by a special local government corporation of up to $500 million of special facilities revenue bonds to finance upgrades at Love Field, the city-owned airport located near downtown.

DALLAS — Denver will commit up to $8 million per year for 20 years to secure a $300 million federal loan for redeveloping its Union Station train terminal as a hub for an ambitious mass-transit system.

DALLAS — Amid growing financial pressure on sports and tourism tax revenue, Arizona is hoping to seal an $84 million deal to keep the Chicago Cubs spring training facility in the Phoenix suburb of Mesa.

DALLAS — Dallas may come to market in March with a delayed general obligation bond package, backed up by a new $350 million commercial paper program that will provide temporary construction financing for city bond projects.

DALLAS — The Northside Independent School District, the largest in the San Antonio area, is making plans to seek voter approval in May for $535 million of general obligation bonds to keep up with growth.