- FHWA Drafts Model Contract Guide on Availability Payment P3s.
- SEC Official Corrects Municipal Advisor Misconceptions.
- SEC Weighs Providing Legal Guidance on Role of MAs in Bank Loans.
- MSRB Publishes Updated Documents Related to May 2016 Changes to RTRS.
- S&P: Bank Loans Pose Potential Credit Risks, But For Now Issuers’ Liquidity Positions Help Support Most Ratings.
- GFOA Hosts Meeting to Discuss Implementing School Budgeting Best Practices.
- Ratings Agencies Diverge on Post-Default Approaches.
- Florida High Court Makes It Harder to Challenge Bond Validations.
- Swift Descent to Junk Shows Buried Risk as Municipal Loans Surge.
- MSRB Rule G-15 Webinar.
- NABL Municipal Bankruptcy Teleconference.
- And finally, BCB’s Department of Comically Pyrrhic Victories this week brings you Acciona Windpower North America, LLC v. City of West Branch, in which turbine manufacturer was granted specific performance of its TIF contract with city. Hooray! However, prior to ordering specific performance, the court had ruled that the city’s only contractual obligation was to “consider” whether or not it wanted to appropriate funds for a tax rebate. So that’s what the city was ordered to do – sit there and “consider.” And so it did. Hooray!