Transportation industry

The Airport Commission of the City and County of San Francisco has agreed to pay the Treasury $67,000 and retire $1.145 million of Series A variable rate revenue refunding bonds issued in 2010 to settle a tax dispute with the Internal Revenue Service.

Maryland will delay bidding for two months on its $2.45 billion Purple Line P3 project so new governor can review.

New York's MTA awards $194M contract to Judlau Contracting to rehabilitate the South Ferry station and fortify it from extreme flooding.

Oregon's Port of Morrow is selling $189 million of revenue bonds for the Bonneville Power Administration this week.

A cross harbor freight movement project proposal from the Port Authority of New York and New Jersey would be a positive for the regional economy, but more clarity is needed on how the initiative would be financed, according to a new Fitch Ratings report released Monday.

In its only bond deal this year, Dallas expects to raise about $530 million for new money and refunding, including debt authorized for the Trinity River Corridor Project in 1998.

After a record year of bond issuance, the Texas Department of Transportation has reduced its borrowing costs by $425 million through refunding at historically low interest rates, officials said.

Transportation infrastructure construction will grow slightly faster than the rest of the economy in 2015, according to highway construction group.

The Michigan House of Representatives Dec. 4 narrowly passed a roads funding bill that would raise $1.2 billion by diverting money now sent to schools and local governments.

How can New York's MTA grasp immediate pressing needs and still chart its long-term future?

Municipal issuers' financial challenges are preventing them from issuing more bonds to take advantage of low interest rates, Virginia Treasurer Manju Ganeriwala said here on Thursday.

Austin's $275 million of revenue bonds scheduled for pricing Dec. 9 will allow the city's growing airport to accommodate more international flights as it improves parking for aircraft and cars.

California's Bay Area Toll Authority prices $814 million of revenue bonds next week in a deal structured with an eye to the market's concerns about the potential for rising rates.

Port Authority of New York and New Jersey released its proposed 2015 budget for public review eight days before a scheduled vote on the fiscal plan.

The Puerto Rico House of Representatives is expected to approve a hike on imported oil Tuesday for the Puerto Rico Highways and Transportation Authority.

Kentucky fuel costs will fall 4.3-cents a gallon on Jan. 1, a drop that translates into a "crippling" loss of $129 million in state road funding, officials warned.

Michigan Gov. Rick Snyder is urging lawmakers to overhaul the state's gas tax formula within the next three weeks to raise up to $1.4 billion or more in new annual road funding.

Oregon must invest more in its transportation needs or face bigger bills down the road, Oregon DOT says.

The Colorado Aeronautical Board will provide only $3 million in airport grants in 2015, a fifth of the amount originally planned, officials said.

The Texas Transportation Commission plans to start 2015 with a $1.6 billion refunding of most of the debt issued for the Central Texas Turnpike System.