News and Information from Bond Buyer

Week Of September 14 Issuer St Description Amount

Sep. 15, 2015 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.28 1.57 2.48 3.47 Arkansas Aa1/AA/NR 0.25 1.49 2.34 3.31 Colorado Aa1/AA/NR 0.25 1.53 2.41 3.42 Kansas Aa1/AA+/NR 0.23 1.53 2.41 3.38 New Mexico Aaa/AA+/NR 0.23 1.47 2.32 3.32 Oklahoma Aa2/AA+/AA+ 0.27 1.56 2.43 3.42 Texas Aaa/AAA/AAA 0.26 1.54 2.41 3.38 Utah Aaa/AAA/AAA 0.23 1.42 2.23 3.2

ILLINOIS

FLORIDA

9/14/2015 9/7/2015 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 2 $14,425 3 $41,900 -$27,475 Arkansas 2 5,405 2 6,630 -1,225 Colorado 3 90,505 0 0 90,505 Kansas 7 202,770 9 198,795 3,975 New Mexico 0 0 4 51,580 -51,580 Oklahoma 0 0 5 248,560 -248,560 Texas 32 1,133,610 32 1,428,800 -295,190 Utah 1 32,000 0 0 32,000

California lawmakers passed legislation to change the way communities wind down their shuttered redevelopment agencies, leaving cities and their advocates trying to tally the effects of the last-minute bill.

Government

The municipal market has priced in a possible rate increase this week, even though some analysts are now suggesting the Fed may wait longer before making its first move since 2008.

The first of the week’s new issues came to market on Monday, as a competitive deal from a school district in Kansas got the action started ahead of some of the larger negotiated deals, which will be pricing on Wednesday.

The Please Touch Museum in Philadelphia has filed for Chapter 11 bankruptcy protection two years after defaulting on nearly $60 million in bonds.

Dealer, issuer and investment company groups are urging the Securities and Exchange Commission to disapprove a Municipal Securities Rulemaking Board rule that would impose core duties on municipal advisors, warning it is overly burdensome and anti-competitive.

California's legislative session ended Friday without a transportation funding plan, but legislative leaders vowed to complete the work through a conference committee this fall.

The North Carolina Department of Transportation won a federal court ruling Friday allowing the state to continue work on the $840 million, 20-mile Monroe Connector Expressway.

Fitch Ratings upgraded the San Francisco Airport Commission's approximately $77.6 million series 1997A and 2000A special facility lease revenue bonds to A-minus from BBB-plus.

Portland, Ore., will need more than $2 billion over the next decade to bring its streets into good shape after years of neglect.

The Illinois Metropolitan Pier & Exposition Authority will learn Wednesday the cost of the downgrades it absorbed thanks to the state's budget impasse when it sells $223 million of securities.

The first of the week’s deals are starting to come to market on Monday, as a competitive deal from a school district in Kansas got the action started ahead of some of the larger negotiated deals, which will be pricing on Wednesday.

New York Gov. Andrew Cuomo announced on Sept. 12 that Long Island’s Suffolk County will receive $388 million in state and federal funding to expand sanitary sewer service to 8,075 parcels of land that currently utilize on-site septic systems.

New York State Comptroller Thomas DiNapoli’s recent decision to lower required contribution rates for two statewide pension systems is credit positive for the Empire State and its local governments, according to Moody’s Investors Service.

The Texas Water Development Board plans to issue $886 million of bonds to fund a new program to fund water projects across the Lone Star State.