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West Virginia Downgraded Again
West Virginia has been downgraded for the second time in four months amid the ongoing decline in the coal industry that underpins the state’s economy, as Fitch Ratings lowered the state’s GOs to AA from AA-plus.  more »
Lexington Center Corp. is exploring selling naming rights for the complex and developing the High Street parking lot across from the Rupp Arena and convention center complex.  more »
As the Louisiana and the 22 parishes impacted by August’s severe flooding continue to complete damage estimates, rating agency analysts say the credit impacts will vary depending on their fiscal health.  more »
DURHAM -- The $170 million Durham County bond referendum, which features $90 million for public schools, has received solid support from the county's three most influential political action committees.  more »
Planners for a 10-county region around Nashville have approved a 25-year, $6 billion transit program.  more »
Miami officials will hold a special meeting with attorneys to determine whether to accept a settlement with the Securities and Exchange Commission in light of a verdict finding the city guilty of securities fraud.  more »
Miami City Manager Daniel Alfonso said the city has received a proposed settlement of the Securities and Exchange Commission's case, in which a jury found the city guilty of securities fraud last week.  more »
West Virginia will lose $85 million of revenues per year if tolls are removed from state’s turnpike in 2019.  more »
With passenger levels continuing to exceed expectations, the Greater Orlando Aviation Authority plans to issue $189.4 million of airport revenue bonds for its capital improvement and expansion plans at Orlando International Airport.  more »
Gaston County's school board is asking county commissioners for money to build another new school and make renovations to existing school buildings.  more »
COLUMBIA, S.C. -- The capital city might be borrowing money for the first time in memory to do more to improve storm drainage and relieve flooding.  more »
For the sixth time this year, the 11th Circuit Court of Appeals has postponed oral arguments in Jefferson County, Ala.’s bankruptcy appeal.  more »
Gov. Matt Bevin said an analysis will be performed of Kentucky’s underfunded pension plans, including a solvency and liquidity analysis, and a “critical review” of past revenue and expenditures.  more »
A new authority set up by the Alabama Legislature to sell bonds backed by a BP oil spill settlement hopes to issue the bonds in about two months, officials said today.  more »

Rhode Island General Treasurer Seth Magaziner, in an in-depth chat with Bond Buyer northeast regional editor Paul Burton, explains how the state can rebound through infrastructure. He also talks about his push to require investment firms to reveal public pension fees, lessons learned from the 38 Studios debacle, and his teaching days in post-Katrina Louisiana early in his career.

The orders provide some insight into what the Securities and Exchange Commission considers to be a material false or misleading statement in an offering document.

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