Infrastructure

Here comes the private sector.

The nascent nationwide push for high-speed rail still needs a specific funding plan and a mix of federal, local and private sources are now being explored, U.S. Department of Transportation officials said yesterday.

Atlanta Mayor Kasim Reed Tuesday appointed Robert Kennedy as acting general manager of Hartsfield-Jackson Atlanta International Airport, effective June 30.

With an eye toward reducing risk and increasing returns, the Florida State Board of Administration last week voted to revise investment strategies at the country’s fourth-largest public pension fund and to invest in infrastructure projects, including airports and roads.

BRADENTON, Fla. — The Georgia Department of Transportation Monday announced the appointment of Sandra Burgess as the new director of its public-private partnership program.

The Michigan Department of Transportation last week released revenue projections for a second bridge spanning the Detroit River as the Senate gears up for one of the most debated and controversial votes of the session.

BRADENTON, Fla. — The Orlando-Orange County Expressway Authority in central Florida today hopes to begin retail pricing of a two-pronged transaction — including up to $250 million of fixed-rate refunding revenue bonds and a restructuring of $250 million of variable-rate bonds with the termination of associated swaps.

A Port Authority of New York and New Jersey official reassured New Jersey lawmakers yesterday that the agency is moving quickly to update or replace the Bayonne Bridge, a move that would potentially increase shipping activity in the area.

CHICAGO — Wisconsin will competitively sell $800 million of one-year operating notes tomorrow and is gearing up to issue about $200 million of new-money transportation revenue bonds next month, while a planned general obligation refunding remains on hold.

Transportation stakeholders are concerned that the Obama administration has not released a set of reauthorization principles by the time Transportation Secretary Ray LaHood said it would.