Shelly Sigo

The Florida PACE Funding Agency short-listed firms on Friday to negotiate for banking and administrative services.

Federal Bankruptcy Judge Thomas Bennett has scheduled a hearing for March 23 to hear Assured Guaranty Municipal Corp.’s legal motion for relief from Jefferson County, Ala.’s bankruptcy.

David Hooks was hired last week to be Jefferson County’s director of capital structure and investments, according to the Birmingham News.

St. Petersburg-based Raymond James Financial announced that it has cleared a significant procedural hurdle in its acquisition of Morgan Keegan & Co.

BRADENTON, Fla. — Alabama Gov. Robert Bentley is proposing to sell as much as $500 million of grant anticipation revenue vehicle bonds to finance upgrades to road and bridges in projects that his office would select after consulting with local leaders around the state.

Former Atlanta Chief Financial Officer Rick Anderson died Feb. 1 at his home in Gainesville, Fla. of complications from amyotrophic lateral sclerosis, also known as Lou Gehrig’s Disease.

BRADENTON, Fla. — The Orlando-Orange County Expressway Authority approved an agreement with the state Wednesday to move forward with one of Florida's most expensive toll roads: the nearly $2 billion Wekiva Parkway.

BRADENTON, Fla. — The Kentucky Turnpike Authority plans to price $256 million of new-money revenue bonds next week.

For a second time, the Clay Gas Utility District of Clay County, Tenn., has extended a tender offer to buy back its bonds for 10 cents on the dollar.

Nine environmental groups last week filed a petition seeking U.S. appellate court review of the Nuclear Regulatory Commission’s rule certificating the Westinghouse AP1000 nuclear reactor, which will be used in two new units at Plant Vogtle in Georgia, a portion of which is publicly financed.

The Florida Hurricane Catastrophe Fund said Monday that it will release an invitation to negotiate to solicit proposals for financial advisory services.

Moody’s Investors Service last week said it continues to review Jefferson County’s ratings for possible downgrade. They were placed under review after the county filed for Chapter 9 bankruptcy in November.

BRADENTON, Fla. — Jefferson County, Ala., on Friday filed a notice of cross appeal and said that it may challenge a bankruptcy judge's ruling that allows sewer revenues to be used for debt service payments.

BRADENTON, Fla. — The Florida Senate Budget Committee Wednesday unanimously approved a $70.7 billion budget for fiscal 2013 that sets the stage for controversy by transferring toll revenue from local agencies to the Florida Turnpike Enterprise, and placing restrictions on bond issuance for the foreseeable future.

Investors holding $3.14 billion of Jefferson County, Ala.'s sewer warrants should continue to see uninterrupted debt-service payments over the next few months thanks to an interim agreement approved by the county's bankruptcy judge this week.

Municipal bond issuance declined in every Southeast state in 2011, with total sales volume dropping to an 11-year low.

The Clay Gas Utility District of Clay County, Tenn., has extended a tender offer through Friday to buy back its bonds for 10 cents on the dollar.

Kentucky Gov. Steve Beshear and Sen. Damon Thayer joined forces Tuesday to sponsor a bill that would authorize a statewide referendum asking voters to allow expanded gambling in up to seven locations.

Georgia is once again in the crosshairs of a water-rights dispute as neighboring Alabama and Florida filed appeals with the U.S. Supreme Court on Monday.

Standard & Poor’s last week affirmed its C rating on $2.3 billion of Jefferson County’s sewer system revenue warrants.