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Week Of December 5 Issuer St Description Amount

CALIFORNIA

CALIFORNIA

Manuel Laboy Rivera, an engineer who has a background in luring stateside companies to set up shop in Puerto Rico, was tapped to oversee the Puerto Rico Department of Economic Development and Commerce.

Government

Former Miami budget director Michael Boudreaux will face a much lighter penalty for securities fraud than the Securities and Exchange Commission sought, after a federal court judge found that the commission overreached in its requests to have Boudreaux enjoined and fined $450,000.

MetroHealth in Cuyahoga County, Ohio is eyeing more than $1 billion of borrowing to finance a plan to transform its current campus.

A Michigan House committee will resume hearings on a plan to limit retirement healthcare benefits for municipal workers in the New Year.

Top-rated municipal bonds finished substantially stronger on Tuesday, according to traders, with yields on longer maturities falling by as much as nine basis points. It was the third session in a row that yields dropped.

Iowa’ s Xenia Rural Water District brought its long financial struggles to a happy ending as it formally shed remaining bonds from its troubled 2006 issue, ending a saga that began with an ambitious expansion that led to default and concerns over the district’s solvency.

More federal transportation funding is needed to eliminate constraints caused by inadequate national freight network, officials warned.

A proposed continuing resolution that would fund federal programs and services through April 28, 2017, and a long-awaited bipartisan water bill would provide about $170 million For Flint, Mich., and other water infrastructure health initiatives.

Newly issued Treasury securities held in stripped form increased about $4.187 billion in November to a total of $233.825 billion, the Bureau of the Public Debt reported Tuesday.

The College of New Rochelle in New York's Westchester County is raising funds to keep its doors open in the face of mounting debt.

U.S. Bank N.A., the trustee for Oconee Regional Medical Center, notified bondholders Tuesday that the Georgia hospital defaulted on its Dec. 1 principal bond payment. It is the second default this year.

Michigan needs to spend an extra $4 billion annually to create 21st century transportation, water, wastewater, and communications infrastructure systems, according to a commission formed by Gov. Rick Snyder.

A bankruptcy judge will hear from last major holdout in the San Bernardino, Calif. bankruptcy case.