CDFA Texas Financing Roundtable Newsletter - June 2016
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| Feature |
TWIA Expects $4.9B in Funds for Hurricane Season
The Texas Windstorm Insurance Association expects to have nearly $4.9 billion for claims that might result from hurricane damage. TWIA's catastrophe bond reinsurance was issued in 2014 and 2015.
Hewitt, TX Approves $3.4M CO for Street Improvements
The Hewitt City Council has approved a $3.395 million certificate of obligation for street-improvement projects. A large part of the obligation will cover completion of the 30-year-old Old Temple Road, and 93 percent of the bond would go toward street-related improvements.
Harlingen, TX to Fund Convention Center with TIRZ
Harlingen, TX officials will use $1.7 million in property tax revenue generated from three tax increment financing reinvestment zones to help fund a $14 million convention center.
Dallas Approves TIF Money to Demolish Center, Build Dallas Midtown
The Dallas City Council has approved a tax increment finance plan allowing the demolition of Valley View Center. After demolition, new retail and restaurants are planned for what will be called Dallas Midtown.
City of Arlington, TX Rangers Discuss $1B Park
The Texas Rangers and the City of Arlington are considering the development of a new $1 billion enclosed ballpark through a public-private partnership where the baseball club and the city would each pay for half of the sports complex. Along with the ballpark, the Rangers and Arlington are discussing building an adjacent mixed-use development.
Austin, TX Mayor Calls for $720M Bond Referendum
Mayor Steve Adler of Austin is calling for a $720 million bond referendum to fund improvements to major Austin streets. The bond package would focus on creating smart corridors within the city, that includes upgraded traffic lights, bus pullouts, and protected bike paths.
Federal Funding Assured for DFW Rail Link
According to project sponsors, work could begin in July on a $1 billion commuter rail line serving Dallas-Fort Worth International Airport with assurances of more than $500 million of federal funding.
Norton Rose Fulbright Acquires 18 Sidley Public Finance Lawyers
Norton Rose Fulbright announced that 18 members of Sidley Austin's public finance practice will be transferring to the firm as part of a change that includes opening a new San Francisco office. Eight of the lawyers will join the New York office, two to the DC office, and eight to the San Francisco office.
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Upcoming Events |
CDFA Summer School
August 8-12, 2016 - Baltimore, MD
CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program.
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Texas News |
$1.24B Spent on Dallas Economic Development
NBC DFW5 | Jun. 27 | Economic Development | Local Finance Program
More Mixed-Use Heading for Allen Parkway in Houston
Chron | Jun. 23 | EB-5 Visa
P3s Are The Future of Public Finance
GovTech | Jun. 13 | Access to Capital | Bond Finance | Infrastructure Finance | Public-Private Partnership (P3) Financing
CDFA Releases Report for Englewood, IL
CDFA | Jun. 9 | Brownfield Financing | CDFA Original Research | Development Finance Toolbox | Member News
Ratings for US States
The Bond Buyer | Jun. 9 | Bond Finance | State Finance Program
Keys to Securing Brownfield Funding Webinar - June 15
EPA | Jun. 6 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)
CDFA Call for Advisors - Brownfields Project Marketplace
CDFA | Jun. 6 | Brownfield Financing
How Will Arlington, TX Pay For Another Stadium Bond?
The Bond Buyer | Jun. 2 | Bond Finance | Local Finance Program
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Sponsors |
Roundtable Partner
For information about sponsoring the CDFA Texas Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
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New Members |
Canton Economic Development Corporation - Canton, TX
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The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.
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Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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