L.A. MTA Bounces Back
- L.A. Metro To Price $452M of Bonds Competitively to Pay for Cost Overruns. Webster, Keeley // Bond Buyer;12/2/2013, Vol. 122 Issue 34020, p1
The article informs that the Los Angeles County Metropolitan Transportation Authority will conduct a 452 million dollars combination new money/refunding competitive sale on December 4, 2013 to pay for cost overruns on several projects. It further highlights that authority through a competitive...
- Tax-Credit Bonds Get New Push. GLAZIER, KYLE // Bond Buyer;12/18/2012, Vol. 382 Issue 33831, p1
The article reports that Los Angeles County Metropolitan Transportation Authority of California has initiated a nationwide push to develop a new tax-credit bond program of 45 billion U.S. dollars to finance transportation projects.
- LA Metro Opens Gold Line Extension, Releases Draft. Zeman, Nicholas // ENR: Engineering News-Record;3/28/2016, p11
The article reports on extension of metro line Gold Line Foothill Extension from the city Pasadena to Azusa in California by the Los Angeles County Metropolitan Transportation Authority. Topics discussed include approval of sales-tax-hike proposal, addition of extra cars to the Gold Line and...
- Measure R approved. // Railway Gazette International;Jan2009, Vol. 165 Issue 1, p13
The article reports on the approval of Measure R by voters as confirmed by the Los Angeles County Metro on December 2, 2008. As a result, a 0.5% sales tax increase will come into force on July 1, 2009. This is expected to raise more than $650 million for transport projects in its first year. The...
- L.A. County Leads With $740M in BAB-Heavy Calendar. Albano, Christine // Bond Buyer;11/1/2010, Vol. 374 Issue 33408, p6
The article reports on the 740 million dollar offering from the Los Angeles County Metropolitan Transportation Authority (LACMTA) in California. It states that Build America Bonds (BABs) will continue to dominate the primary market and volume will move unsteadily when issuers get ready to price...
- Tough trudge for transit funds. Wanek-Libman, Mischa // Railway Track & Structures;Jun2016, Vol. 112 Issue 6, p3
The article discusses the challenge of transportation funding for the projects of federal transit agencies. A Service Realignment Plan was developed by the Southeastern Pennsylvania Transportation Authority (SEPTA) to solve the backlog of their infrastructure improvements. The sales tax...
- Moody's analysts give negative outlook to troubled L.A. MTA. Jacobius, Arleen // Bond Buyer;02/25/98, Vol. 323 Issue 30338, p4
Reports on Moody's Investors Services' affirmation of its A1 rating on Los Angeles, California Metropolitan Transportation Authority's Proposition C sales tax debt. Assignment of a negative outlook due to a lack of managerial effectiveness at the authority; Key factors influencing Moody's rating.
- Munis Unchanged; Focus on New Deals. Scarchilli, Michael // Investment Dealers' Digest;6/5/2009, Vol. 75 Issue 22, p12
The article reports on the move of the several companies to refund bonds in the U.S. Goldman Sachs & Co. priced $245.8 million of sales tax revenue refunding bonds for the Los Angeles County Metropolitan Transportation Authority. Morgan Stanley priced $219.5 million of tax-exempt bonds the...
- Getting there. // American City & County Exclusive Insight;6/ 1/2011, p11
The article reports on the business proposition of the Los Angeles County Metropolitan Transportation Authority, to create the preliminary design for an extension of the county's Green Line light rail to Los Angeles, California, International Airport.
- L.A. averts settlement in another tunnel job. // ENR: Engineering News-Record;5/15/95, Vol. 234 Issue 19, p15
Reports that the Los Angeles County Metropolitan Transportation Authority has suspended tunneling on a Metro Red Line contract. Effect of settlements on the subway's third segment; Officials decision to prevent a repeat of a 1994's subsidence under Hollywood Boulevard.