CDFA Arizona Financing Roundtable Newsletter - March 2016
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AAED Announces 2016 Spring Conference
Arizona Association for Economic Development has announced their 2016 Spring Conference. The conference will take place from May 4th to May 6th at the JW Marriott Starr Pass Report & Spa in Tuscon, Arizona. Register today!
Benson Bill Erodes Special Improvement District Regulation
According to Arizona Daily Star, Benson city leaders have criticized a new bill quickly working through the legislature, arguing that the bill gives too much power to a landowner seeking tax-exempt bond financing for a proposed master-planned community.
Moody's Assigns Aa2 to Tucson Water Enterprise Revenue Bonds
Moody's Investor Service has assigned a rating of Aa2 to the City of Tucson's $71.2 million water enterprise revenue bonds, reflecting the of the large residential service area that extends beyond the City of Tucson, satisfactory financial operations, and strong governance and management of the system.
AZ, Mexico Establish Trade Corridor Committee
According to KTAR News, Arizona officials have taken a step towards developing a key trade corridor with Mexico, beginning with the establishment of a joint planning committee to produce a study in order to improve the new trade corridor.
U.S. Forest Service Halts Plans for Grand Canyon Development
The U.S. Forest Service has blocked plans by an Italian group for a commercial and residential development, which would have widened roads and built additional infrastructure near the South Rim of the Grand Canyon, according to the Phoenix Business Journal.
US House Bill to Spur Development in AZ
Congressman Paul Gosar of Arizona's 4th District introduced H.R. 4601, legislation that aims to resolve a non-controversial legal hurdle allowing for new economic development projects within the City of Flagstaff.
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Arizona News |
Moody's Assigns Aa2 to Mesa AZ GO Refunding Bonds
Moody's | Mar. 11 | Bond Finance
28,000 Home Benson Development May Endanger San Pedro River
AZ Central | Mar. 11 | Economic Development | Green Finance
Moody's Assigns Baa3 to Pima Education Bonds
Moody's | Mar. 9 | Bond Finance | Local Finance Program
Southwest Bond Issuance Soars to $77.7B in 2015
The Bond Buyer | Mar. 7 | Bond Finance | Economic Development
Fitch Affirms Marana Improvement District Bonds at 'A-'
Business Wire | Mar. 2 | Bond Finance
Why the R&D Tax Credit Is Now Better Than Ever
Jacksonville Business Journal | Feb. 23 | Federal | Incentives | Tax Credits
Pima County Board Discusses Spaceport Financing
Arizona Daily Star | Feb. 17 | Economic Development | Local Finance Program
League of Arizona Cities & Towns Support Additional K12 Financing
League of Arizona Cities & Towns | Feb. 17 | Economic Development | State Finance Program
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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
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Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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