News and Information from Bond Buyer

Los Angeles city leaders offer support for Anschutz Entertainment Group's request for an extension to sign the National Football League team required for its soon-to-expire contract with the city to construct an NFL stadium and convention center expansion.

West Palm Beach, Fla., city commissioners voted Sept. 29 to create a Municipal Charter School Agency with a nine-member governing board.

Resiliency expert Alan Rubin urged New York City Mayor Bill de Blasio and Comptroller Scott Stringer to collaborate on environmental initiatives, including green bonds.

Analysts said that September's volume gain over the same month in 2013's levels is the first sign issuance might be rebounding this year, even though this is not the first time monthly issuance in 2014 has come in higher than the same period in 2013.

Using language Mayor Rahm Emanuel is unlikely to replicate in campaign brochures, Chicago's latest bond documents lay out for investors in stark terms the risks posed by its steep credit deterioration and hazards should it slip further.

Standard & Poor's Ratings Services said it lowered its school issuer credit rating (ICR) to A from A-plus on Jackson County School District No. 4 (Phoenix-Talent), Ore.'s general obligation bonds.

Virginia lawmakers will consider a budget amendment to ensure new spending cuts do not imperil a planned $100 million road bond issue.

The Thornburg Limited Term Municipal Fund began with just $12 million of total assets under management and 30 years later has grown to $6.8 billion.

Gov. Jerry Brown on Monday signed into law a bill that will make it easier for local governments to take advantage of a current infrastructure financing law.

Iowa Fertilizer bonds have enjoyed a month-long rally as trading volumes have rebounded from a slow summer. The recent activity has left traders wondering if it is market or event driven.

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.020% high yield, a price of 99.998444.

Moody's Investors Service said it has downgraded the rating on Scotland County, N.C.'s $13 million outstanding general obligation debt to A2 from A1.

Standard & Poor's Ratings Services said it raised its long-term rating and underlying rating (SPUR) on the District of Columbia's general obligation (GO) bonds to AA from AA-minus.

Texas service sector activity "improved notably in September," according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index gained to 26.9 from 21.0.

Standard & Poor's Ratings Services said it lowered its long-term rating one notch, to A-plus from AA-minus'on the city of Geneva, N.Y.'s general obligation (GO) bonds.

The municipal market will start to bounce back on Tuesday, after a sleepy Monday and Friday. Below, the highlights of the day.

The consumer confidence index declined to 86.0 in September from a revised 93.4 last month, The Conference Board reported Tuesday.

A ruling by a Superior Court judge in Orange County, Calif., Friday cleared the way for the Anaheim City Council to sell $300 million in bonds to pay for a 200,000-square-foot convention center expansion.

The Chicago Purchasing Managers' Business Barometer slid to 60.5 in September from 64.3 in August, the National Association of Purchasing Management-Chicago said Tuesday.

The city treasury of Harrisburg, Pa., is free of security breaches, its interim treasurer said, after an investigation that followed his predecessor's arrest for theft from two local nonprofits.