Transportation industry

Port of Houston Authority officials said last week construction of a cruise ship terminal in Pasadena cost $108.4 million rather than the previously announced $71 million.

Gov. John Lynch on Wednesday vetoed a bill that would have stripped the New Hampshire Rail Authority of many powers, including the ability to issue bonds.

WASHINGTON - The Bipartisan Policy Center released a new spending reform plan Thursday that calls for a near quadrupling of the U.S. Transportation Department's TIFIA program from a $122 million annual appropriation to $450 million.

BRADENTON, Fla. - South Miami is seeking a taxable bank loan to fund a settlement with the Internal Revenue Service over impermissible uses of tax-exempt bond and bank loan proceeds to build a parking garage.

A detailed analysis of cost-saving measures for the Louisville-Southern Indiana Ohio River Bridges Project says at least $1.2 billion could be trimmed off the previously estimated $4.1 billion price tag.

The Port Authority of New York and New Jersey has selected three consortiums to bid on a $1.5 billion replacement of the Goethals Bridge.

Indianapolis Mayor Greg Ballard last week announced a plan to build a $15 million parking garage financed in part with proceeds from the $20 million the city received by leasing its parking meters for 50 years. The city last week announced the selection of a developer and operator of the new mixed-use parking development. The lot will have 350 spaces, retail space, and a police substation.

In the midst of a $1.9 billion renovation of its four original terminals, Dallas-Fort Worth International Airport will refund $112 million of revenue bonds next week for total anticipated savings of $25 million.

The Department of Transportation is proposing high-speed rail projects be built with 100% American-made parts and equipment.

The New York State Thruway Authority on Tuesday will sell $440 million of tax-exempt debt in a negotiated transaction to reimburse the state for expenses related to its multi-year highway and bridge capital program.

Connecticut is set to form a new bonding authority that will oversee six state airports, including the Bradley International Airport.

A bill that would reduce the powers of the New Hampshire Rail Transit Authority and strip it of its ability to issue bonds is headed to Gov. John Lynch.

The Massachusetts Port Authority has named chief legal counsel David Mackey as interim chief executive officer and executive director while it conducts a national search to replace Thomas Kinton, who retired June 1.

DALLAS — The plan to balance Oklahoma's $6.5 billion budget with a diversion of highway tax revenues has been challenged as unconstitutional by an Oklahoma City attorney.

CHICAGO — Facing a funding crisis, the Missouri Highways and Transportation Commission has adopted a five-year budget plan that eliminates more than 1,000 positions and shutters facilities to save $500 million for project funding as the agency recedes from the ranks of frequent issuers.

The Nevada Assembly approved a bill Tuesday to support a public-private partnership to build a bypass toll road around Boulder City.

Moody’s Investors Service has downgraded the San Joaquin Hills Transportation Corridor Agency’s rating to B1 from Ba2 after the agency completed a restructuring of its debt.

Lawmakers in the California Senate have approved a bill that will allow counties to raise and collect vehicle license fees.

DALLAS — A bill that would authorize $9 billion of highway construction in North Texas through public-private partnerships is expected to get Gov. Rick Perry’s signature by the June 19 deadline.

The Massachusetts Port Authority on Wednesday will sell $215 million of special facilities revenue debt, including $156 million of taxable bonds, in a two-tranche offering to help finance the construction of a consolidated rental car facility at Boston’s Logan International Airport.