Burlington, Vt., Sale Gets Green Light Despite Volatile Market
- At year-end, flight to safety turns into flight from funds. Mercurio, Stephanie // Bond Buyer;01/03/2000, Vol. 331 Issue 30799, p1
Reports on the United States public power community's plan to continue to push Congress to pass legislation that goes a long way toward protecting the tax-exempt status of municipal utilities' bonds. Implications for market participants; Congressional support for a proposal that would...
- Ex-Houston Mayor Questions Governor's Corridor Plan. Resnick, Amy B. // Bond Buyer;
Reports on controversies regarding Texas Governor Rick Perry's proposed multibillion dollar Trans Texas Corridor plan for roads, rails, pipelines and public utilities. Need for maintenance of transportation in rural areas; Time span of the project.
- Rate Plan Proposed for Calif. Power Sale. Finestone, Deborah // Bond Buyer;7/20/2001, Vol. 337 Issue 31185, p3
Reports on the California Public Utilities Commission's release of a draft rate agreement for the state Department of Water Resources' (DWR) bid to sell power purchase revenue bonds. Amount of the bonds to be issued by DWR; Plans of the commission to cover the department's costs related to the...
- No New Debt in Orange County's Reshuffled 5-Year Transport Plan. Saskal, Rich // Bond Buyer;11/30/2005, Vol. 354 Issue 32268, p3
The article reports that the board of the Orange County Transportation Authority (OCTA) has approved a five-year multimillion dollar plan with no new bonding in California. The strategic plan, which readjusts the OCTA's priorities to reflect the cancellation of a planned light-rail line, will be...
- Despite mixed reviews on utilities, good buys are available. Polyak, Ilana // Bond Buyer;04/21/98, Vol. 324 Issue 30376, p7
Recommends municipal bonds issued by utilities in the United States. Reasons cited by Brian Winters, analyst with Van Kampen American Capital, for choosing utilities; Share of electrical utilities in the portfolio of Principal Management Corp.; Praise for the bond issues of the Sacramento...
- Lobbying to protect utilities' tax exemption. Kinnander, Ola // Bond Buyer;09/02/98, Vol. 325 Issue 30470, p4
Reports that several mayors plan to lobby their representatives in the United States Congress to adopt legislation that would protect the tax-exempt status of municipal utilities' debt in a deregulated electricity market. Provisions of the bill introduced by Congressman Phil English; American...
- IRS rules on yield burning, muni power take top priority. Stanton, Michael // Bond Buyer;08/05/97, Vol. 321 Issue 30202, p1
Reports on efforts in the United States to write regulations to help municipal bond issuers deal with utility deregulation and yield burning. Municipal utilities' concerns about the imp[act of the industry's restructuring on the tax-exempt status of their outstanding debt; Private-activity bond...
- After Downgrade, Indiana Town Eyes Rate Increases. Devitt, Caitlin // Bondbuyer.com;9/18/2015, p1
After getting hit with multi-notch downgrades on its water and sewer bonds, the Indianapolis suburb of Carmel is considering raising its utility rates.
- Debt sales give private utilities advantage over their publicly owned counterparts. Polyak, Ilana // Bond Buyer;10/10/97, Vol. 322 Issue 30249, p24
Reports that an analyst has indicated that investor-owned utilities have an advantage over their municipal counterparts' bonds in coping with deregulation in the United States. Sale of debt tied to the rate-reduction charges; Attractiveness of higher coupons and higher ratings to investors.