Infrastructure

The Longmont City Council is expected to formally decide in August whether to seek voters' November election approval of a ballot question that would authorize the city to sell up to $80 million in water revenue bonds.

Voters approve two borrowing measures totaling $120 million.

They are pushing the U.S. Senate for up to $36 billion, citing the devastating effects from COVID-19.

Setting capital investment priorities and other efficiencies can help the public transit system through its coronavirus-related fiscal crisis, a budget watchdog says.

Fourteen states and 19 local authorities have delayed or canceled road, transit and airport projects worth $8.58 billion due to the coronavirus.

Organizers say the goal is for for technologies to make public transit safer, cleaner and more adaptive.

The new direct-pay bonds would be an improvement from the Build America Bonds because they would be exempt from the sequestration cuts.

Federal funding will cover the replacement of the Bourne and Sagamore bridges, with ownership to transfer to the Massachusetts DOT upon completion.

The New York/New Jersey agency's issuance of $1.1 billion in taxable notes underscores multi-year revenue challenges it confronts due to the COVID-19 pandemic.

Transportation officials have spent nearly six years on a Massachusetts Turnpike redesign and an infrastructure merge called the "throat." Time is running short.

The House is expected to pass a $1.5 trillion dollar infrastructure package, mostly along party lines, while a bipartisan Senate bill to restore advance refunding may build momentum in that chamber.

A state appeals court rejected the one of the state government’s attempts to eliminate the Miami-Dade Expressway Authority, but the legal battle continues.

Gov. John Carney signed a $703 million capital bond bill for fiscal 2021 that was reduced by $185 million due to revenue losses caused by the COVID-19 pandemic.

Citing market turmoil from the pandemic, a California conduit issuer gave the Virgin Trains USA project a five-month extension to sell $3.25 billion of debt.

The bipartisan Modernizing Agricultural and Manufacturing Bonds Act would expand the small issue manufacturing bonds and first-time farmer bonds programs.

The shortfall underscored advocates' calls to provide more dedicated funding to the statewide transit provider.

Protecting the tax-exempt status of municipal bonds and reviving Build America Bonds are priorities for the New Partnership on Infrastructure.

Highlights of a House Democrat legislative package include a new series of taxable direct-pay bonds that would start with a federal 42% subsidy for interest expenses.

The Move America Forward Act would permanently reinstate Build America Bonds, advance refundings and expand the issuance of private activity bonds.

Its $400 million GOs attracted investors, resulting in a record low interest cost of 2.31%, according to state Treasurer Shawn Wooden.