Infrastructure

Roger Nutt, former head of the New Jersey Turnpike Authority and other state transportation entities, will begin Monday as the chief executive officer of the Pennsylvania Turnpike Commission.

A decrease in traffic on the Atlantic City Expressway prompted Moody’s Investors Service last week to downgrade nearly $500 million of South Jersey Transportation Authority revenue bonds to Baa1 from A3. The outlook is stable.

The Georgia Department of Transportation announced Monday that it selected a development team that includes Atlanta-based Cousins Properties Inc. and Cleveland-based Forest City Enterprises Inc. to negotiate a contract to become the master developer of a multi-modal passenger terminal in downtown Atlanta.

Florida Gov. Rick Scott announced Friday that he will not make a decision about moving forward with the $1.2 billion SunRail project until July despite the fact that the project had been approved by the Legislature.

Sen. John Kerry, D-Mass., on Tuesday unveiled legislation for a national infrastructure bank that could finance up to $10 billion of projects in each of its first two years.

Ohio Gov. John Kasich reportedly said last week he does not support giving Cincinnati $50 million for a long-planned $150 million streetcar project.

CHICAGO — In a deal brokered by federal authorities, Chicago Mayor Richard Daley and officials from American Airlines and United Airlines announced an agreement Monday that allows the city to begin work on $1.17 billion worth of a remaining $3.36 billion of expansion projects at O’Hare International Airport.

BRADENTON, Fla. — Four Florida cities that tried to take control of the planned high-speed rail project from Tampa to Orlando will be allowed to apply for the $2.4 billion of federal funds that Gov. Rick Scott has rejected for the plan, according to Rep. Corrine Brown, D-Fla.

DALLAS — The Arkansas House on Friday passed a bill calling for a statewide vote on a diesel-fuel tax hike to fund $1.1 billion of bonds for highway efforts.

ALAMEDA, Calif. — Las Vegas Monorail Co. bondholder Eaton Vance has broken with other large holders of the bankrupt project’s debt to challenge the settlement that trustee Wells Fargo Bank NA negotiated with Wisconsin state regulators to commute the monorail’s bond insurance policy.