Investments

CALIFORNIABuckeye Union School DistrictJul 16, 2008 . . . . . . $3,779,996

ARIZONAPima County Industrial Development AuthorityJun 18, 2008 . . . . . . $7,690,000

CALIFORNIASan Francisco (City and County)Jul 15, 2008 . . . . . . $118,130,000

CALIFORNIACalifornia Educational Facilities AuthorityJun 5, 2008 . . . . . . $59,475,000

A plan by Akron Mayor Mark Plusquellic to sell or lease the city’s sewer system to fund a scholarship program for local high school graduates hit a possible roadblock last week when opponents presented a petition containing more than 5,000 signatures asking that voters be allowed to weigh in on the action.

IBM Corp. will invest $1.5 billion in nanotechnology research and development in New York's capital region, Gov. David Paterson announced yesterday. The state will pitch in $140 million in economic development grants.

CHICAGO - The Wisconsin Health and Educational Facilities Authority yesterday approved three transactions tied to borrowers' efforts to exit the auction-rate market. They include a $152 million deal from Children's Hospital and Health System of Wisconsin Inc. that will mark the second use in the tax-exempt market of a floating-rate structure promoted by Goldman, Sachs & Co.

DALLAS - Texas' oldest university system - Texas State University - is preparing to market $164 million of revenue bonds for construction projects on the flagship campus in San Marcos and at Sam Houston State University in Huntsville, as well as expansion of the North Austin campus.

ILLINOISWillowbrook VillageJul 14, 2008 . . . . . . $2,050,000

ALABAMAHuntsville Special Care Facilities Financing AuthorityJun 27, 2008 . . . . . . $9,215,000

DALLAS - The Texas Public Finance Authority will give investors a chance to grab some of its general obligation debt this week as the agency issues $225 million of bonds for refunding and new money.

MASSACHUSETTSChatham (Town)Jul 10, 2008 . . . . . . $15,431,000

CALIFORNIAChula Vista Redevelopment AgencyJul 10, 2008 . . . . . . $21,625,000

New York issuers will dominate the new-issue activity this week as both the Triborough Bridge and Tunnel Authority and the New York City Municipal Water Finance Authority come to the primary market amid an anticipated slate of $7.5 billion, according to Thomson Reuters.

A bipartisan group of four congressional staffers gave the Department of Education a rhetorical beating Friday over its cumbersome interpretation of a new law meant to help student loan lenders and said that Congress will likely have to act yet again to prevent private lenders that sell federally-guaranteed loans from going out of business.

Weekly reporting municipal bond mutual funds had a net inflow of $272 million during the period ending July 9, AMG Data Services reported.

WASHINGTON - Triple-A rated Maryland on Wednesday will bring $415 million of general obligation bonds to market, with the proceeds going primarily for school construction.

Rutgers University officials last week said the school will maintain the $102 million budget on its stadium expansion project and not increase the $72 million borrowing plan that officials approved in January.

ARKANSASMountain Pine School District No. 46 of Garland CountyJul 10, 2008 . . . . . . $775,000

ARIZONAPhoenix Industrial Development AuthorityJul 9, 2008 . . . . . . $10,000,000