Infrastructure

The Indianapolis Airport Authority said this week that it has agreed to settle a dispute with the Internal Revenue Service over rebate liability in connection with $347 million of tax-exempt bonds, even though it disagrees with the IRS' position on the bonds.

A California authority and a high school district said this week that they are prepared to file a protest and appeal of an expected Internal Revenue Service proposed adverse determination that $25.4 million of tax-exempt variable rate demand bonds are taxable.

The Port of Oakland said today that containerized export volume increased 7% last month from a year ago, the fourth consecutive month of increases.

Colorado Senate has approved a $3.5 billion road note package that could go to voters in November.

Infrastructure financing and tax reform will be major issues for presidential and other candidates in November, said municipal market participants.

Developers of a proposed $12 billion Houston-Dallas bullet train want federal regulators to affirm their oversight of project.

Poll finds scant support from Kansas City (Mo.) voters for bonds that would finance a new $964 million airport terminal.

A year after North Carolina inked its first public-private partnership with I-77 Mobility Partners, lawmakers have filed bills to terminate the $648 million pact amid investigations into the deal.

Montana Gov. Steve Bullocks wants lawmakers to focus on infrastructure in 2017 session.

Preliminary plans to relocate the National Football League’s Oakland Raiders to Las Vegas call for the creation of a Clark County Stadium Authority that would issue up to $750 million of bonds to help finance a new $1.4 billion stadium under a public-private partnership agreement.

A $357 million federal TIFIA loan to a Texas P3 project will help finance construction of tolled express lanes on a Houston highway.

Most Americans surveyed in a new poll would support replacing the gasoline tax with road user fees.

In a near unanimous vote, the Senate Environment and Public Works Committee on Thursday passed a bill that includes $1.4 billion in federal funding for Flint, Mich. as well as any other community facing a water crisis.

The Federal Transit Administration will award $22.5 million of clean technology grants to seven transit agencies.

After having been withdrawn from the energy bill in the Senate, controversial legislation to provide federal funds to Flint, Mich., and any other community facing a water crisis, has been included in a major water bill introduced in the chamber this week.

Federal grants would be available to repair or replace dangerous dams under bipartisan Senate proposal.

The Baltimore Board of Finance has approved $535 million of TIF bonds for a $5.5 billion waterfront development project.

Congested urban highways in the U.S. add unnecessary costs to truckers as drivers spend long hours in traffic bottlenecks.

Florida bond director Ben Watkins does not believe public-private partnerships that include private financing benefit the public sector, but P3 proponents disagree.

Missouri Senate passes a bill setting up a statewide gasoline tax referendum in November.