Transportation industry

Miami-Dade County hopes retail investors will take interest in a $790.05 million offering this week to refund bonds sold for Miami International Airport.

Williamson County, Texas commissioners last week authorized the use $36 million remaining from a $228 million road bond program approved by voters in 2006.

Following a downgrade from Fitch Ratings, Burlington, Vt., is planning to sell $26.4 million of airport refunding revenue bonds this week.

DALLAS – A plan to issue $25 million of state lease revenue bonds to repair a Tulsa dam was unanimously rejected as unconstitutional Tuesday by the Oklahoma Supreme Court.

Louisiana will use proceeds from $110 million of bonds to build a two-mile segment of an interstate highway project that will link Midwest industries to Gulf ports.

The Federal Transit Administration notified Congress on Monday that it will sign by year-end a $1.55 billion full funding grant agreement to help fund Honolulu’s $5.2 billion elevated rail project.

A group pushing for development of a $1.3 billion regional mass-transit system in two central Indiana counties renewed their push last week, urging lawmakers to approve a voter referendum.

There is more new leadership at the American Association of State Highway and Transportation Officials, as the group voted this week to elect Rhode Island Transportation Director Michael Lewis as the association's president for the next year.

The New Mexico Transportation Commission will detour the wreckage of the New Mexico Finance Authority with $215 million of refunding bonds.

The Southern California Logistics Airport Authority said another round of defaults on its debt is on the horizon.

The Indiana Finance Authority selected a P3 team led by Walsh Investors for its half of the $2.6 billion Ohio River Bridges project that is a joint effort between the Hoosier State and Kentucky.

Two Virginia groups representing local governments have joined the opposition to Gov. Bob McDonnell's and the state Department of Transportation's plan to toll Interstate 95.

A congressional panel grilled members of the Metropolitan Washington Airports Authority board Friday morning in a hearing called to examine a scathing report on the bond-issuing agency's ethical practices and policies.

Florida's Santa Rosa Bay Bridge Authority, which is in default of more than $116 million of toll bonds, may lose insurance and board members. It is also unclear if bondholders will be paid Jan. 1.

Moody's Investors Service has downgraded 27 grant anticipation revenue vehicle bonds, totaling about $10 billion in par value.

The Louisiana State Bond Commission gave final approval Nov. 15 to a negotiated sale of $350 million of highway improvement bonds to be sold in early January.

The board of the Metropolitan Washington Airports Authority voted Wednesday to increase rates on the Dulles Toll Road, calling it necessary to finance part of the mostly bond-funded and highly controversial Silver Line rail extension to Dulles International Airport.

North Carolina Gov.-elect Pat McCrory is calling for a 25-year transportation and infrastructure plan after leading a GOP sweep of the governorship and the Legislature.

Ascension Parish, La. voters handily defeated a proposal to increase the local sales tax to support a bond-funded plan to upgrade roads.

Moody's Investors Service revised its outlook on Milwaukee County's general airport revenue bonds to negative from stable due to recent declines in passenger levels at General Mitchell International Airport.