The Quinlan City Council approved financial arrangements for $1,675,000 of improvements to the city's wastewater treatment system at its regular monthly meeting.

A $100 million bond to fix Midland, Texas, aging roads and water infrastructure will be on the November ballot.

Streets in the Central Business District (CBD) and the sidewalk system within the Beverly and Olsen Elementary School zones will be the beneficiaries of upcoming renovations. The contract of $147,488 will be funded by general obligation bonds.

The 2017 bond program for San Antonio, Texas, which was approved in May, is scheduled to deliver more than 80 projects which will focus on drainage, streets and sidewalks.

Harvest Returns, a financial technology company founded in 2016, will launch its agriculture investment platform this month. In the platform's equity partnership format, agriculture producers and landowners are able to collect capital and maintain control over their operations, while investors passively fund them and collect returns from harvests. Agriculture producers receive their funding after the full amount of their deal is raised; most deals range between $500,000 to a few million dollars.

In a preliminary ruling, the IRS said that the bonds don't meet its requirements to be "excluded from gross income for federal income tax purposes." The Wisconsin Public Finance Authority, which issued the bonds last August, said it will appeal the decision and will continue to negotiate with the IRS.

The IRS has preliminarily concluded that $26.5 million of zero coupon bonds issued by a Wisconsin authority for a project to redevelop the old Statler Hilton Hotel in Dallas are taxable.

Dallas Mayor Mike Rawlings wants a new group with a "single-minded focus" to make a long-awaited park along the Trinity River a reality. Rawlings said a local government corporation is needed to take the politics out of the road and keep the park from getting bogged down in bureaucracy.

Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss how the finance toolbox can be used to compliment the redevelopment and cleanup of your brownfield project.

A revolving loan fund is a self-replenishing pool of money, utilizing interest and principle payments on old loans to issue new ones. They come in many shapes and sizes and support a variety of economic development activities. This webinar will outline the basic principles of capitalizing and managing RLFs and how to maximize their use to support businesses in Texas.

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