Shelly Sigo

Kentucky and Ohio are forming a bi-state management team to determine how to finance a new, $2.5 billion bridge over the Ohio River between Cincinnati and Covington, Ky.

Despite ongoing federal scrutiny related to past bond deals, Miami closed on the sale of $45 million of revenue bonds Thursday for an all-in, true-interest cost of 3.82%.

Hoping to entice buyers looking for reinvestments in January, the Orlando-Orange County Expressway Authority sells up to $500M of bonds Thursday after a successful November issuance.

Mountain State University in West Virginia has redeemed its outstanding tax-exempt debt as the private nonprofit institution winds down its operations.

Standard & Poor's revised its outlook to negative from stable on the Kentucky Economic Development Finance Authority's Louisville arena revenue bonds.

National Public Finance Guarantee Corp. asked the judge overseeing the Jefferson County bankruptcy to order an examination of the county's budget and financial condition.

Some 98 muni professionals received awards in Smith's 20th annual All-Star program at a luncheon in New York last week. They were chosen by nearly 3,000 institutional investors.

The Georgia World Congress Center Authority Monday approved a preliminary agreement with the Atlanta Falcons to build a nearly $1 billion stadium.

Georgia's $583 million general obligation bond deals should sell well Tuesday and Wednesday since there aren't a lot of triple, triple-A rated state GO bonds available in good block sizes, a muni trader said.

Jefferson County officials have proposed a restructuring plan for a small piece of the bankrupt county's municipal debt that financed a courthouse. It's not clear what if anything that means for the county's more than $3 billion in sewer debt.

Florida's Tampa-Hillsborough County Expressway Authority will make its first venture into the bond market as a standalone credit next week with $454.8 million of new and refunding bonds.

Standard & Poor's bumped Orange County, N.C.'s general obligation rating up a notch to gilt-edge AAA.

A preliminary state audit of Hollywood, Fla.'s finances shows troubling past management practices, and unaddressed high pension costs.

The 11th Circuit Court of Appeals has accepted an amicus brief from the Securities Industry and Financial Markets Association in appeals of various municipal bond rulings in Jefferson County, Ala.'s Chapter 9 bankruptcy case.

Standard & Poor's affirmed its BBB rating on Miami's general obligation bonds and its BBB-minus rating on the city's non-ad valorem and limited-tax debt. The outlook is negative.

Alabama prices $340 million of new Garvee bonds Wednesday as part of Gov. Robert Bentley's Alabama Transportation Rehabilitation and Improvement Program.

Audits of Tennessee’s 95 counties show that many are managing resources well through difficult economic times, though some local governments continue to struggle financially.

Miami sells $50 million of revenue bonds next week to qualified investors to refinance a loan used to pay a portion of building underwater tunnels to the Port of Miami.

Tennessee sold $170.5 million of general obligation bonds on Nov. 14 at the lowest overall interest rates in more than 40 years, state officials said.

Kentucky has chosen Walsh Construction Co. to build the so-called “downtown crossing,” Kentucky’s share of the massive Ohio River Bridges Project.