Houston-Area METRO Wants $3.3B Vote; Lawmaker Objects
- California leads in bond votes in what may be 'Banner year'. Stanton, Michael; McKenna, Jon // Bond Buyer;11/03/98, Vol. 326 Issue 30513, p1
Cites a report by Standard & Poor's analysts which forecasts a banner year for debt in 1998 with bond referendums receiving higher approval ratings in health economy. California's share of the bond referendums; Recommendations for the ballot; Absence of tax-related initiatives during the year.
- Fitch: Falling Tax Revenues Could Lead to Downgrades of Mass Transit Bonds. Sanchez, Humberto // Bond Buyer;6/16/2003, Vol. 344 Issue 31657, p7
A recent decline in state and local tax revenue could prompt rating downgrades for bonds issued for mass transit projects, according to a report being released today by Fitch Ratings Inc. Most transit agencies finance projects on a pay-as-you-go basis, but those that issue bonds to expand and...
- With Interest Rates Too Good to Pass Up, Tucson Opts to Retire Debt. Victory, Darren // Bond Buyer;10/17/2001, Vol. 338 Issue 31245, p35
Reports the sale of general obligation and water system revenue bonds by Tucson in Dallas, Texas. Decision to opt outstanding debt; Issuance of water system refunding revenue bonds and general obligation refunding bonds; Rating of the bonds.
- Metropolitan Atlanta Rapid Transit Authority Refunding $111 Million. DeSue, Tedra // Bond Buyer;5/9/2003, Vol. 344 Issue 31632, p3
The Metropolitan Atlanta Rapid Transit Authority will sell $111 million of revenue refunding bonds as of May 2003, in a deal that is expected to save it almost $8 million as the authority contends with historic declines in sales tax revenue used to secure its debt. Poor's and Moody's Investors...
- N.Y.'s MTA Eyes $2.3B In '06 Debt. Cataldo, Adam L. // Bond Buyer;1/24/2006, Vol. 355 Issue 32304, p1
The article reports that the Metropolitan Transportation Authority (MTA) of New York City is planning to issue bond refunding deals to save on debt service and manage interest rate exposure. The bonds will be split into fixed-rate and floating-rate securities. Seventy-five percent will be backed...
- St. Louis Metro Weighs $313M Refunding. Shields, Yvette // Bond Buyer;1/31/2007, Vol. 359 Issue 32558, p1
The article reports on the possible refund of up to $313 million of revenue bonds from a 2002 issue by Bi-State Development Agency of Missouri-Illinois Metropolitan District also known as Metro, that manage the transit system of St. Louis in Missouri. The refund could generate enough savings...
- Pay Attention to Details. Carvlin, Elizabeth // Bond Buyer;10/15/2003, Vol. 346 Issue 31740, p1
Reports on the need for Ohio residents to review the print of the Nov. 4 bond referendum that would authorize the state to issue financing in debt over 10 years. Modification of the constitution to allow state investment in private business; Importance of reviewing the Issue 1 legislation;...
- Rhode Island to Put $391 Million of Bonds Before Voters. // Bond Buyer;9/16/2004, Vol. 349 Issue 31970, p4
Reports on the plan of Rhode Island to bring a big bond referendum package before voters. Requirement of the state's constitution that voters approve all debt issued for maturities beyond one year; Hope of the officials at the University of Rhode Island for voters to support projects for the...
- NORTHEAST Bond-Watch. Peacock, Wayne; Vekshin, Alison; Vadum, Matthew; McKaig, Ryan; McDonald, Michael // Bond Buyer;6/3/2002, Vol. 340 Issue 31399, p39
Reports bonds development as of June 2002 in the U.S. Payment on annual debt service by the New Haven Coliseum Authority; Plan of Delaware Health Facilities Authority to issue tax-exempt revenue bonds; Indicators of the decreasing revenues of New York City.