Shelly Sigo

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.

BRADENTON, Fla. — Florida Gov. Rick Scott Tuesday signed into law a $70 billion budget for fiscal 2013, lauding the fact that it contains $1 billion more for K-12 education while bridging a $1 billion funding gap.

BRADENTON, Fla. — South Carolina federal bankruptcy Judge David Duncan last week approved a plan allowing investors who want to trade their Connector 2000 Association term bonds to exchange them.

BRADENTON, Fla. — The Kentucky Legislature Monday begins a special session called by Gov. Steve Beshear after legislators failed to pass a transportation budget last week.

BRADENTON, Fla. — As a hearing continued in Birmingham, Ala., Thursday to determine what amount of sewer revenues will go to pay debt, Jefferson County said in a filing that it is pursuing avenues to set sewer rates and has hired a consultant.

BRADENTON, Fla. — As Atlanta plans to open its new $1.4 billion international terminal next month, the city is moving forward with other projects at Hartsfield-Jackson Atlanta International Airport.

Tennessee Comptroller Justin Wilson said Monday that the state and local governments are doing a better job of reporting financial information in a timely manner.

Tampa Bay Water, a regional supplier for three counties on the west coast of Florida, counted on winning $100 million for what it claimed was a faulty reservoir design.

With less than two weeks left in the 2012 legislative session, Alabama lawmakers have yet to consider bills that would provide fiscal relief to Jefferson County, the state's most populous county and home to Birmingham.

Tuesday afternoon the Birmingham News reported a federal district judge ruled that the county's creditors could appeal the county's eligibility to file for Chapter 9.

Birmingham, Ala.-based Balch & Bingham LLP will expand its public finance practice next month with the addition of the seven bond attorneys from Presley Burton & Collier LLC.

Tuesday afternoon the Birmingham News reported a federal district judge ruled that the county's creditors could appeal the county's eligibility to file for Chapter 9.

The way such bond deals are structured for repayment is becoming more critical to investors as local governments continue to struggle with a slow recovery from the recession and deal with the financial realities of paying debt with fewer revenues.

Memphis-headquartered Pinnacle Airlines Corp. filed for Chapter 11 reorganization on Sunday.

The Georgia Department of Transportation said Tuesday it and federal agencies have officially begun preparation of an environmental impact statement on the proposed multi-modal passenger terminal in Atlanta.

Moody’s Investors Service on Tuesday placed the A3 rating on Tampa General Hospital’s debt on review for possible downgrade.