Shelly Sigo

Florida's Citizens Property Insurance Corp. will bring $1.25 billion of bonds and notes to market in a deal that could be upsized to $1.5 billion if conditions warrant.

Moody’s Investors Service on Monday downgraded Port St. Lucie, Fla.’s senior-lien utility revenue bonds to A1 from Aa3.

The Santa Rosa Bay Bridge Authority, which oversees the 3.5-mile Garcon Point toll bridge in northwest Florida, has canceled its June 13 meeting.

The Jefferson County, Ala., Commission has scheduled the first of three public hearings on sewer rates, which provide the revenue securing the county’s $3.14 billion of defaulted sewer warrants.

More than a dozen Birmingham residents, including two City Council members and two Alabama lawmakers, on Monday filed a $1.63 billion claim in Jefferson County's Chapter 9 bankruptcy case.

BRADENTON, Fla. — Alabama Gov. Robert Bentley Thursday selected 105 road and bridge improvement projects for the first round of funding in the Alabama Transportation Rehabilitation and Improvement Program, or ATRIP.

BRADENTON, Fla. — Florida Transportation Secretary Ananth Prasad this week signed an agreement with the Orlando-Orange County Expressway Authority to build the long-planned $1.9 billion Wekiva Parkway.

The Virginia Commonwealth Transportation Board prices the biggest deal of the week, selling $600 million of capital projects revenue bonds.

BRADENTON, Fla. — Lower income and high operating expenses at Louisville’s KFC Yum! Center prompted Moody’s Investors Service Tuesday to drop the rating on the arena bonds to below-investment grade.

Part of a noise-mitigation plan for Fort Lauderdale-Hollywood International Airport has fallen apart after the Federal Aviation Administration disapproved portions of it.

The Federal Highway Administration last week approved the location of the $1.9 billion Wekiva Parkway, a 27-mile toll road that would complete a beltway around western metropolitan Orlando.

The Alabama Legislature ended a special session last week by passing a bill that will ask voters to increase borrowing for economic development projects.

Jefferson County, Ala., plans public hearings on sewer rate increases from June through the fall, according to the Birmingham News.

Nashville Mayor Karl Dean is proposing a $300 million, bond-financed capital plan for fiscal 2013.

BRADENTON, Fla. — Bond insurer Syncora Guarantee Inc. warned prospective buyers of some of Jefferson County, Ala.'s defaulted auction-rate sewer warrants that the insurer may seek to subordinate that debt to its own claims if the warrants are sold to investors by JPMorgan.

Fitch Ratings last week downgraded the Memphis-Shelby County Airport Authority’s rating to A from A-plus.

Don Glisson has been appointed to the board of governors of Florida’s Citizens Property Insurance Corp.

After the Alabama Legislature adjourned May 16 without providing Jefferson County fiscal relief, the federal judge overseeing the bankruptcy case will be asked Thursday to give the county additional time to decide whether to reject a lease securing $82.5 million of revenue warrants, the county said in a court filing last week.

After the Alabama state Legislature ended its regular session refusing to provide fiscal relief to Jefferson County, commissioners Tuesday redirected money that might have paid GO warrants to the general fund for operations. The county lacks authority to impose taxes without state approval.

BRADENTON, Fla. — Tampa Bay Water is asking a federal district judge for a new trial after losing its first case to a jury on April 10 after a month-long proceeding.