Florida

Two high-profile local governmental entities in Florida last week agreed to accept settlements as part of the $65.5 million multi-state agreement over JPMorgan's alleged bid-rigging actions with regard to derivatives.

The Southeast's largest public water and sewer system needs $1.1 billion in repairs, according to a report to the Miami-Dade, Fla., County Commission this week.

Two ports in Florida and one each in Georgia and South Carolina will see expansion projects expedited thanks to the Obama administration's "We Can't Wait Initiative."

The SEC will be asked to allow federal civil charges to be filed against Miami for failing to disclose serious budget problems in its bond offerings.

Budget balances for states remain too low relative to annual expenditures, according to the National Governors Association and National Association of Budget Officers.

Florida Gov. Rick Scott Tuesday asked the state's Congressional delegation to investigate the scandal involving the manipulation of the London interbank offered rate.

Standard & Poor's has downgraded $128 million of student housing revenue bonds sold by the Capital Projects Finance Authority, Fla., to D, the lowest junk rating possible.

Florida's most populous county, Miami-Dade County, plans to head to the bond market next week in search of investors for the county's transit bonds.

The Santa Rosa Bay Bridge Authority, Fla. missed its third bond payment on July 1 because toll revenues were insufficient to pay debt service, according to a market notice filed by Bank of New York Mellon.

Judson Freeman joined Florida-based Bryant Miller Olive PA on Monday. Freeman has 35 years of experience in public finance work, and will work in BMO's Jacksonville office.

Alexandra C. Cook has been named the new finance director for Broward County's Port Everglades Department in southeast Florida.

The Florida Cabinet last week approved the sale of $680 million of new and refunding bonds.

Landmark at Doral CDD bondholders won title to the land with a stalking horse bid of $67.5 million when no bidders came forward at auction.

The U.S. Supreme Court Monday denied a request by Florida and Alabama to review the so-called tri-state water war case the two states are fighting against Georgia about water from the Lake Lanier reservoir.

Fitch Ratings has affirmed its D rating on the Santa Rosa Bay Bridge Authority's approximately $116.8 million in outstanding revenue bonds, which are in default.

Orlando Mayor Buddy Dyer and Orange County Mayor Teresa Jacobs ceremonially signed footballs as a gesture of their plan to finance long-planned renovations at the Citrus Bowl football stadium, which was constructed as part of the Works Progress Administration in 1936.

The U.S. Supreme Court is scheduled Thursday to consider whether it will review the so-called water war case between Georgia, Florida and Alabama.

The governing board for Florida's Citizens Property Insurance Corp. last week voted to hire a new president from the private insurance sector.

Tampa Bay Water's governing board Monday decided to move forward with an appeal in its suit challenging what it believes is a faulty reservoir design.

BRADENTON, Fla. - John Forney, a public finance advisor and specialist in insurance and catastrophe bonds at Raymond James | Morgan Keegan, is leaving the investment bank to become chief executive officer of a Florida-based property insurance company.