Georgia

Moody's Investors Service Friday placed its A3 rating on bonds issued for Geogia's Fort Valley State University on review for possible downgrade.

An appellate court has denied a motion by environmental groups to stay the Nuclear Regulatory Commission's approval of the construction and operating licenses for two new nuclear units at Plant Vogtle in Georgia.

Wells Fargo Bank NA said in a market notice last week that the accelerated repayment of debt owed by a Georgia charter school, Fulton Science Academy, had been rescinded.

Gilt-edged Georgia last week sold $600 million of general obligation bonds at record low interest rates in two competitive sales both won by JPMorgan

Fulton Science Academy Inc. bondholders demand immediate payment following the suburban Atlanta charter school's inability to cure events of default, including renewing a charter for one of three schools.

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.

BRADENTON, Fla. — The Atlanta City Council late Monday approved a $1.8 billion budget that won't require an increase in property taxes in fiscal 2013.

BRADENTON, Fla. — Gilt-edged Georgia plans to competitively sell $741.5 million of new and refunding general obligation bonds this week.

BRADENTON, Fla. — The National Environmental Policy Act was violated when the Nuclear Regulatory Commission approved Georgia’s Vogtle nuclear plant licensing, environmentalists have argued in a federal appeal.

The Georgia Department of Transportation last week issued a request for qualifications for firms interested in designing, building and partially financing the nearly 30-mile, $1 billion Northwest Corridor project along Interstate 75 and 575 in Cobb and Cherokee counties.

BRADENTON, Fla. — Morgan Stanley plans to open its first public finance office in Atlanta to expand in the Southeast as growth resumes and infrastructure needs ramp up.

Gov. Nathan Deal announced that Georgia’s net tax collections for April totaled $1.53 billion, an increase of $152 million or 11% from the year previous.

BRADENTON, Fla. — Georgia has restarted the Northwest Corridor congestion-reliever project in the Atlanta metropolitan region using a traditional approach to its construction and funding, as opposed to a public-private partnership.

BRADENTON, Fla. — In a rapid fall from grace, the popular Fulton Science Academy Inc. in Georgia has seen its BBB investment-grade rating plummet to CC less than seven months after issuing $19 million of bonds.

BRADENTON, Fla. — Atlanta's proposed 13-year extension to comply with the terms of a federal consent decree related to sewer overflows is a credit positive, Moody's Investors Service said in a special report Monday.

Atlanta officials announced Monday that they reached a proposed agreement with the federal government and the state of Georgia to modify a 1999 federal wastewater consent decree.

The Atlanta Falcons and the Georgia World Congress Center Authority are leaning toward building a new football stadium with a retractable roof rather than renovate the existing Georgia Dome, according to the Atlanta Business Chronicle.

BRADENTON, Fla. — As Atlanta plans to open its new $1.4 billion international terminal next month, the city is moving forward with other projects at Hartsfield-Jackson Atlanta International Airport.

The Georgia Department of Transportation said Tuesday it and federal agencies have officially begun preparation of an environmental impact statement on the proposed multi-modal passenger terminal in Atlanta.

Standard & Poor’s last week revised the outlook to stable from negative on Atlanta’s general obligation debt and appropriation-backed bonds issued on behalf of the city by various issuers.