Shelly Sigo

After 32 years in public finance, industry veteran Dick Montalbano will retire from RBC. The Florida-based banker is the "consummate" professional, those who know him say.

Alabama's Birmingham-Jefferson Civic Center Authority has seen its bonds upgraded to investment grade after S&P determined that revenues are not affected by Jefferson County's bankruptcy.

A proposed restructuring of lease revenue warrants sold by Jefferson County, Ala., in 2006 would not reduce principal or interest payments to investors, according to insurer Ambac Assurance Corp.

The Metropolitan Atlanta Rapid Transit Authority will consider a consultant's recommendations to increase revenues, including outsourcing, advertising on buses and trains, and new fees.

Bankrupt Jefferson County, Ala., told general obligation warrants holders Wednesday that it plans to default on the warrants until they are restructured in the county's Chapter 9 case.

Coalition for the Advancement of Regional Transportation is challenging the $2.6 billion Ohio River Bridges Project and wants a federal judge to order Kentucky and Indiana to stop work.

Moody's Investors Service upgraded Jupiter, Fla.'s general obligation bonds to Aaa from Aa1, giving the town three gilt-edge ratings.

Sarasota, Fla. Finance Director Chris Lyons will retire.

Jefferson County, Ala., commissioners approved a restructuring agreement with Ambac Assurance Corp. to reduce annual payments securing revenue warrants.

Moody's Investors Service said Monday that the Sept. 18 decision by Alabama voters to enable the state to draw funds from an endowment to prop up the 2013 budget is a credit negative.

The Georgia Transportation Board has agreed to a financing plan for the nearly $1 billion Northwest Corridor project that could see more than half of the cost funded with bonds.

The Louisiana State Bond Commission wants underwriters selling $350 million of state highway revenue bonds to develop a structure to take advantage of the market's current low interest rates.

U.S. District Judge Thomas Thrash Thursday morning granted Atlanta another 13 years to complete consent-related work on its massive sewer repair program.

A favorable market and investor interest led Fort Lauderdale, Fla., to price $338 million of taxable pension obligation bonds Wednesday, a day earlier than originally planned.

Florida's Fort Lauderdale plans to sell $338 million of taxable pension obligation bonds in a deal designed to entice and assure investors by limiting future benefit hikes.

Officials in Richland County, S.C., have begun public meetings and speaking engagements to educate voters on a $450 million general obligation bond measure.

The Atlanta City Council reauthorized a $350 million commercial paper program for Hartsfield-Jackson Atlanta International Airport.

The Florida Supreme Court ruled that a lawsuit challenging the Legislature's education budget cuts must go forward.

The judge overseeing Jefferson County's bankruptcy case has rejected requests to set a deadline for preparing a plan of adjustment.

Alabama voters gave state officials authority to transfer funds from a trust referred to as the "state savings account" to avoid a general fund deficit.