BRADENTON, Fla. — Jefferson County, Ala., Thursday agreed to take the next week to review a counteroffer submitted by creditors holding $3.14 billion of variable- and auction-rate sewer warrants on which the government has defaulted.

Creditors reportedly agreed Wednesday to consider a solution that would give them about $1 billion less than they are owed and to allow for only single-digit future sewer rate increases.

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