News and Information from Bond Buyer

Monday, January 6 Issuer St Description Amount

Week Of January 6 Issuer St Description Amount

NEW JERSEY

IOWA

Important decisions lie ahead in the New Year for the Orlando-Orange County Expressway Authority in central Florida, including hiring a new director.

Retail investors anxious to shorten their municipal bond maturities appealed to buyers for some end-of-year selling on a day of light activity.

Government

The mediators overseeing Detroit's bankruptcy case recommended that the bankruptcy judge approve a settlement between the city and its interest-rate swap counterparties, calling it a significant step.

States will be allowed to issue 5.2% more of private activity bonds in 2014, freeing money for projects that would otherwise be ineligible for tax-exempt financing.

Houston is considering building a new law enforcement headquarters that could cost up to $500 million.

Gov. Tom Corbett awarded City Revitalization and Improvement Zone, or CRIZ, program designations to Bethlehem and Lancaster, Pennsylvania's governor announced.

Moody's Investors Service affirms the National Conference of State Legislature's A3 credit rating.

A Los Angeles County joint powers authority achieved $33.6 million in gross savings on its inaugural $145 million refunding in a program for redevelopment successor agencies.

Gov. Tom Corbett abandoned his pursuit of a $34 billion Pennsylvania lottery privatization contract with Britain's Camelot Global.

Heavily used roads in Texas' energy-producing regions will get $150 million for repairs and improvements.

A federal judge has ruled that the Securities and Exchange Commission's fraud case against Miami, Fla. and its former budget director can continue in civil court, denying both defendants' motions to dismiss.

The Federal Transit Authority has made available $3 billion of competitive grants aimed at upgrading the storm resilience of public transit infrastructure.

Louisville, Ky.'s KFC Yum! Center sports arena suffered a blow when Standard & Poor's dropped its investment-grade ratings on the arena's bonds to BB.

Retail investors have been trying to unload some of their more expensive municipal bonds during Monday's session, but they haven't been able to sell enough to move levels as the day's session crosses midday.

El Paso Water Utilities will refund $70 million of debt after an upgrade from Standard & Poor's to AA-plus from AA.