Munis

A memo circulated Wednesday by House Financial Service Committee Chairwoman Maxine Waters, D-Calif., suggests that the next wave of federal legislation authorize the Fed to support state, territory, and local debt issuance in response to the coronavirus outbreak.

Schools in 39 states had closed by Wednesday.

Local issuers in Texas also received authority to postpone bond measure elections that are slated for May.

GLWA has the flexibility to come to market as early as this week, but is monitoring the market in light of the COVID-19 impact.

The mall and entertainment venue shut its doors to combat the spread of the novel coronavirus, five months after its partial opening.

The agreement would end current and future litigation by class members over the South Carolina utility’s failed nuclear project.

Perhaps most important, nobody involved in this issue has argued that issuers or anybody else would benefit in any way from exempting MAs from appropriate regulation.

The New Jersey state teachers' union and state Senate President Steve Sweeney announced an agreement to lower school district and employee healthcare costs.

Thomas Bruder, Lauren Trialonas and Jennifer Cosper were named principals in the firm’s Public & Infrastructure Finance practice.

“Anybody who’s having an event between now and May is considering what to do about it,” said Mike Nicholas, CEO of the Bond Dealers of America.

Benjamin, who is mayor of Columbia, South Carolina, will co-chair the law firm's public finance and affordable housing practices.

The commonwealth plans a $268 million GO sale two days after Gov. Charlie Baker declared a state of emergency.

NAMA believes the order will strengthen protection for issuers in keeping with the recent reforms in the municipal market.

The Duluth School Board has voted to approve language for legislation that would enable the district to finance the construction of new administrative offices and transportation facilities on the Central High School property.

The agency's deputy finance chief was promoted after CFO Michael Colsch's retirement.

Richard Li, a pubic debt specialist for the city of Milwaukee, compared disclosing COVID-19 to disclosing a hurricane hitting localities on the Atlantic coast.

But EMMA will ultimately have to drill into disclosures to provide full transparency

Michigan voters head to the polls on March 10 to decide on more than $600 million of school boding proposals.

The Metropolitan Pier and Exposition Authority updated its latest offering statement to warn of the risk posed to its bottom line as did two systems with upcoming deals.

The National Association of Bond Lawyers wants Treasury to fill the position formerly held by John Cross III.