Infrastructure

The negotiated $31.4 million sale is part of a planned $100 million the city will sell to finance Polar Park, the planned home of the Worcester Red Sox.

Kyle Glazier is the new Washington bureau chief of The Bond Buyer. He succeeds longtime bureau chief Lynn Hume, who has retired after more than three decades on the job.

Oak Ridge City Council approved the issuance of $13.75 million in city general obligation bonds to pay for three construction projects, a move which may lead to an 8-cent property tax rate increase.

New Jersey Transit delays Tuesday caused by a stuck 108-year-old bridge demonstrate the need for the Gateway project, backers say.

The city is looking to tackle infrastructure investments through a $181 million Election Day bond referendum.

The Rental Assistance Demonstration program may provide the New York City Housing Authority with some breathing room, interim chief Stan Brezenoff said.

The Port of Corpus Christi will team up with the Carlyle Group to finance a $1.2 billion oil export terminal designed to enhance the port's ranking as the top energy exporting hub.

John Barton, national Department of Transportation sector leader at HNTB, discusses how President Donald Trump’s steel tariff policy is slowing down transportation construction projects and why there has been lack of progress from the White House on a promised infrastructure bill. Andrew Coen hosts.

Write-downs on two major U.S. public-private partnerships led to the company decision, Skanska’s president said.

New York’s mass transit crisis has prompted some transportation advocates to say the city would be better off taking back subway and bus operations from the state-run MTA.

Oregon Gov. Kate Brown released an earthquake preparedness plan as she battles to win re-election.

The $850 million sale of special tax obligation bonds drew a record $478 million of retail orders, said state Treasurer Denise Nappier.

Five states also elect governors and voters in two states decide whether to restrict future tax increases.

The newly-minted water infrastructure law is good news for state and local governments looking for more avenues to finance water projects.

The debt issuance by Worcester, Massachusetts, to build a minor-league baseball stadium will probably not affect the city’s credit quality, according to Moody's.

Funding a major capital program increasingly with debt is a big challenge, said finance director Robert Foran.

Although there is no direct role for tax-exempt bonds in Opportunity Zones, municipalities are looking at them as a way to attract capital investment to economically distressed areas.

Next month Maine voters will be asked to borrow $106 million for the state's transportation infrastructure, adding to hundreds of millions of dollars in debt the state has taken on in recent years to prop up its underfunded highway budget.

With Democratic majority, Rep. Richard Neal of Massachusetts, a supporter of tax-exempt bond financing, would chair the Ways and Means committee.

Democrat Gretchen Whitmer and Republican Bill Schuette are running for the open seat of Michigan governor.