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California school bond measure passes Senate, headed to Assembly

California senators approved a school bond measure that supporters say could help reduce the state's $117 billion in school construction needs.

United statesLong beachAssemblymember patrick odonnellMike fongLori wilsonSteven glazerAssemblymembers al muratsuchiOffice of public school constructionAssembly education committeeCalifornia state senatePublic policy institute of californiaBoard of trusteesPatricko donnellD long beachPublic policy institutePublic school construction

Medaille University in Buffalo will close after sale falls through

The private Medaille University is closing its doors after failing to sell itself to a nearby college. It has more than $20 million of bond debt.

Cazenovia collegeNew yorkUnited statesTrocaire collegeDaniel solenderLori quigleyLoriv quigleyLord abbett coBain coNational centerMedaille university board of trusteesLand development corpMedaille university nancyj parisiHoly names university in oaklandMedaille universityMunicipal securities rulemaking board

Bond payment default mars Eastern Michigan University parking P3

The acrimonious relationship between the university and its private partner has spilled into the courts and underscores that P3 deals don't remove all risks.

United statesEastern michigan universityUniversity of iowaEastern michigan university campus livingUniversity of louisvilleProvident groupPublic finance authorityArizona industrial development authorityMoody investors serviceCapital improvement fundHuntington national bankProvident resources group incPreston hollow community capitalParking midwestInvestors serviceProvident resources group

University of Iowa moves to dismiss public-private partnership lawsuit

One of the largest P3s in the university energy space has landed in court three years into a 50-year contract.

University of iowaUnited statesIowa cityGreg remecHannon armstrongOhio state universityUniversity of iowa energy collaborativeUs district courtEleventh amendmentKirk murrayAxium infrastructureIowa energy collaborativeNorth american infrastructureFitch ratingsSouthern districtIowa auditor rob sand

Illinois rating upswing gives state s public universities a boost

Illinois' public universities continue to reap ratings and aid benefits from the state's positive rating trajectory and healthy near-term revenue landscape.

Western illinois universityUnited statesIllinois state universityUniversity of illinoisChicago state universityGovernors state universityNorthern illinois universityNortheastern illinois universitySouthern illinois universityEastern illinois universityTimothy killeenService planIllinois health systemUniversity of illinois urbana champaignCollege of medicineProvident group

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