Shelly Sigo

BRADENTON, Fla. - A $1.1 billion transportation project aimed at alleviating congestion around Atlanta has qualified to apply for a low-interest federal loan as part of the financing plan.

BRADENTON, Fla. - Jefferson County is asking creditors holding its $3.14 billion of defaulted variable- and auction-rate sewer warrants to take a haircut of $1.3 billion, the Birmingham News said Sunday.

BRADENTON, Fla. - Georgia Gov. Nathan Deal on Tuesday announced the completion of a deal allowing Toyo Tire North America Manufacturing to expand its plant and add up to 470 new jobs in exchange for $910 million of bonding capacity to help finance the project.

BRADENTON, Fla. - Atlanta is preparing to price $372 million of senior general revenue refunding bonds next week as the first of two deals this year for the world's busiest airline hub, Hartsfield-Jackson Atlanta International Airport.

The Loudoun County Board of Supervisors agreed to ask voters in November to approve the issuance of $169.62 million of general obligation bonds.

The Mississippi State Bond Commission is seeking underwriters for the sale of $650 million of general obligation bonds expected to be sold in late September or early October. The deal will be split evenly between tax-exempt and taxable debt, according to the request for proposals. The bonds will have maturities up to 25 years.

After two-and-a-half years with a negative outlook, Florida was returned to stable by Standard & Poor’s on Tuesday.

Jefferson County on Monday turned over sewer accounts containing about $60 million in revenue to the court-appointed receiver for the sewer system, according to the Birmingham News.

BRADENTON, Fla. - The Kentucky Transportation Cabinet on Monday filed a motion in federal court to intervene in a lawsuit that the agency believes could delay the long-planned Ohio River Bridges Project.

BRADENTON, Fla. - William "Bill" J. Taggart is the new president and chief executive officer of Atlanta Life Financial Group, the firm's board of directors announced Monday.

The Atlanta City Council last week unanimously approved sweeping reforms to the city's retirement plan that will allow the city to avoid layoffs and cuts in service, and bolsters its fiscal stability, officials said.

Standard & Poor's last week dropped Sarasota County's limited ad valorem tax bonds four notches to BBB from A-plus.

Alabama Gov. Robert Bentley softened his stance on supporting bankruptcy for Jefferson County last week, according to the Birmingham News.

BRADENTON, Fla. - Santa Rosa Bay Bridge Authority bondholders did not get paid July 1, according to the Florida agency's trustee, Bank of New York Mellon.

BRADENTON, Fla. - Miami has suffered several rating downgrades in the last two weeks as the financially stressed city plans to bring a refunding to market.

BRADENTON, Fla. - Lambuth University in Jackson, Tenn., closed down academic operations Thursday while administrative offices remained open and negotiations continued with various parties for the payment of debts, including outstanding bonds.

BRADENTON, Fla. - A last-ditch effort to prevent the Santa Rosa Bay Bridge Authority in northwest Florida from a bond payment default has failed and the remaining member of the board plans to resign next week.

The Rankin County School Board is planning to ask voters to authorize the issuance of $169.5 million of general obligation bonds.

The 11th Circuit Court of Appeals in Atlanta Tuesday overturned a federal judge's ruling that ordered massive cutbacks in drinking water withdrawals by Atlanta and surrounding communities from a federal reservoir known as Lake Lanier.

Nearly two years after first issuing debt to build a performing arts center, Orlando finally broke ground on the long-awaited facility.