Shelly Sigo

With an eye toward expansion, Memphis-based FTN Financial Capital Markets recently brought on six new traders and sales professionals for its muni division.

Florida's most populous county, Miami-Dade County, plans to head to the bond market next week in search of investors for the county's transit bonds.

Assured Guaranty Municipal Corp. Tuesday asked Jefferson County, Ala.'s bankruptcy judge to order the county to file a plan of adjustment by the end of September.

A Federal appeals court refused a rehearing on its decision to reject federal permits for North Carolina's Monroe Connector toll road.

Wells Fargo Bank NA said in a market notice last week that the accelerated repayment of debt owed by a Georgia charter school, Fulton Science Academy, had been rescinded.

The Santa Rosa Bay Bridge Authority, Fla. missed its third bond payment on July 1 because toll revenues were insufficient to pay debt service, according to a market notice filed by Bank of New York Mellon.

Judson Freeman joined Florida-based Bryant Miller Olive PA on Monday. Freeman has 35 years of experience in public finance work, and will work in BMO's Jacksonville office.

Moody's Investors Service said Monday that a recent ruling in Jefferson County, Ala.'s bankruptcy case is a credit positive because it will prevent revenues securing the county's $3.14 billion of defaulted sewer warrants from being further diluted.

Virginia Gov. Bob McDonnell slammed the Obama administration last week for killing major energy initiatives that would bring new revenues and jobs to the state.

Standard & Poor's revised its outlook to positive from stable on the Tennessee State School Bond Authority's AA-rated bonds ahead of an upcoming sale.

Alexandra C. Cook has been named the new finance director for Broward County's Port Everglades Department in southeast Florida.

The Florida Cabinet last week approved the sale of $680 million of new and refunding bonds.

Landmark at Doral CDD bondholders won title to the land with a stalking horse bid of $67.5 million when no bidders came forward at auction.

After two years with Jefferson County, Ala., David Hooks will return to the private sector joining a Memphis broker-dealer where he will develop an institutional sales network.

Virginia's new tourism financing program provides a rebate of state and local sales taxes at the site of a qualified tourism project, and requires that specific performance standards be met to qualify for the tax rebate.

Gilt-edged Georgia last week sold $600 million of general obligation bonds at record low interest rates in two competitive sales both won by JPMorgan

The U.S. Supreme Court Monday denied a request by Florida and Alabama to review the so-called tri-state water war case the two states are fighting against Georgia about water from the Lake Lanier reservoir.

Fitch Ratings has affirmed its D rating on the Santa Rosa Bay Bridge Authority's approximately $116.8 million in outstanding revenue bonds, which are in default.

Jefferson County Commissioner Joe Knight wants to remove disgraced former county commissioner Mary Buckelew's name from a road.

In a court filing Sunday, Jefferson County, Ala., said that major creditors holding the county's sewer debt have been invited to "testify" before the County Commission at its next sewer rate hearing on July 24.