Shelly Sigo

Few days remain in the Alabama Legislature's annual session and lawmakers continue to argue over whether to provide bankrupt Jefferson County fiscal relief.

The Atlanta Falcons and the Georgia World Congress Center Authority are leaning toward building a new football stadium with a retractable roof rather than renovate the existing Georgia Dome, according to the Atlanta Business Chronicle.

Georgia-based American Maglev Technology Inc. has proposed a 15-mile, $315 million elevated magnetic levitation train project to connect Orlando International Airport with several locations in central Florida, according to the Orlando Sentinel.

Moody’s Investors Service last week downgraded Hillsborough County, Fla.’s community-investment tax revenue bonds to A1 from Aa2, and lowered the county’s court facilities refunding revenue bonds to A1 from Aa3.

Former Alabama Gov. Bob Riley is now working for Houston-based alliantgroup LP, a tax specialty services provider that helps companies take advantage of federal and state tax incentives.

Bankrupt Jefferson County, Ala. last week dismissed counter charges against the Bank of New York Mellon for withdrawing $584,742 from a construction fund.

BRADENTON, Fla. — Florida's Citizens Property Insurance Corp. Tuesday closed on the largest single catastrophe bond deal, transferring $750 million of risk to the capital market.

BRADENTON, Fla. — After a successful and rare competitive deal last year, Appalachian State University in northwestern North Carolina this week plans to competitively sell $25.8 million of general revenue refunding bonds.

Florida Citizens Property Insurance Corp. will sell up to $1.5 billion of bonds, the agency's Board of Governors decided Thursday.

Florida Gov. Rick Scott Friday vetoed a bill that would have established a new tax-credit program designed to raise money for the Florida Hurricane Catastrophe Fund, and reduce its reliance on the bond market.

Miami Beach on Monday received qualifications from eight teams interested in a public-private partnership with the city to develop a 52-acre Miami Beach Convention Center District.

A federal judge in Birmingham Monday said that a portion of Jefferson County’s sewer system could be removed from the county’s 1996 consent decree for violations of the Clean Water Act.

Though Rob Baird developed an early interest in politics, most of his career was spent climbing the ladder at Memphis-based Morgan Keegan & Co.

BRADENTON, Fla. — The Federal Highway Administration Friday approved a supplemental environmental impact statement that is a significant milestone toward starting construction on portions of the $2.6 billion Ohio River Bridges Project later this year.

The Alabama Supreme Court ruled Friday that local governments in the state can file for bankruptcy regardless of whether or not they have outstanding bonds or warrants.

BRADENTON, Fla. — With solid financials and resiliency during the recession, Charlotte Douglas International Airport is in the midst of a $511 million multi-year capital program.

U.S. Bank NA on Tuesday notified holders of the Connector 2000 Association Inc.’s 2011 toll revenue term bonds that an exchange of bonds will take place around May 31.

Tampa Bay Water, a regional supplier for three counties on the west coast of Florida, is expected to ask for a new trial after losing a $100 million civil suit last week for what it claimed was a faulty reservoir design, according to published reports.

The Alabama Senate last week passed a bill that would authorize the issuance of $650 million of revenue bonds for highways, roads and bridges.

The federal judge overseeing the Jefferson County, Ala., bankruptcy case has set deadlines for creditors to file proof of claims.