Florida

The board overseeing the embattled Orlando-Orange County Expressway Authority on Monday accepted its executive director's resignation and reached an agreement with the Florida state government to build a long-planned beltway.

BRADENTON, Fla. - The first-ever statewide PACE program, which already has $2 billion of validated bonding capacity from a Florida court, is on an aggressive track toward implementation with the selection of nationally recognized financial advisors.

BRADENTON, Fla. - Broward County, Fla., has reached a milestone in its effort to move forward with an $800 million financing to support the $1.5 billion cost of a major runway extension and other improvements at Fort Lauderdale-Hollywood International Airport.

Florida is appealing a judge’s September ruling that struck down its attempt to privatize 29 of the state’s prisons.

Tampa-area chambers of commerce reportedly are exploring the idea of creating a regional authority to broaden the taxable base that would finance a new stadium for Major League Baseball’s Tampa Bay Rays.

The Internal Revenue Service closed its audit of $28.72 million of special assessment bonds issued by the Bartram Park Community Development District in Jacksonville, Fla., in 2005 without any changes to the tax-exempt status of the bonds.

BRADENTON, Fla.- The Florida Hurricane Catastrophe Fund is "dangerously overexposed" and should be downsized because unpredictable market conditions could prevent it from selling enough bonds to pay claims, according to the agency's executive director, Jack Nicholson.

Fitch Ratings Tuesday downgraded to A-plus from AA-minus the water and sewer bonds issued by Fort Myers.

BRADENTON, Fla. - The Orlando-Orange County Expressway Authority is under fire from Orange County Mayor Teresa Jacobs for what she describes as an aggressive financing structure that backfired.

Moody's Investors Service dropped the Orlando-Orange County Expressway Authority one notch to A2 on Tuesday, citing a lighter traffic outlook, reduced revenue support from the state, and deep exposure to variable-rate debt and swaps.

Florida’s Citizens Property Insurance Corp. last week retained long-time financial advisor and investment consultant, Raymond James and Associates Inc.

BRADENTON, Fla. - The Florida auditor general's office called for the Legislature to consider placing limits on how much debt a community development district can issue and to improve oversight for CDD issuance.

BRADENTON, Fla. - A Florida judge has validated $2 billion of municipal bonds to fund Property Assessed Clean Energy initiatives statewide.

BRADENTON, Fla. - After nearly 10 months of inaction, investors of the defaulted bonds issued by North Florida's Santa Rosa Bay Bridge Authority may see restructuring negotiations get under way now that a governing board is in place.

BRADENTON, Fla. - After 30 years at Bryant Miller Olive PA, Randy Hanna will step down Nov. 1 from the Florida-based law firm to become chancellor of the state college system.

BRADENTON, Fla. - The Santa Rosa County Commission is poised on Thursday to restore a quorum to the junk-rated Santa Rosa Bay Bridge Authority by appointing three new members. The Florida agency's board hasn't met since 2010 and it defaulted on a bond payment in July.

Two South Florida Republican legislators intend to push for Las Vegas-style casino resorts now that an appellate court has ruled that lawmakers can expand gambling without voter approval.

BRADENTON, Fla. - Republicans are redoubling their efforts to consolidate Florida's local and state toll-road agencies. But the targeted agencies are pushing back.

A major effort by the Legislature to privatize many of Florida’s prisons was ruled unconstitutional by a state judge last week.

BRADENTON, Fla. - Florida-based Bryant Miller Olive PA has elected Grace Dunlap as its new managing shareholder.