BRADENTON, Fla. - Jefferson County, Ala., Commissioner Jim Carns late Friday said the government had a tentative plan to restructure its $3.2 billion sewer debt program that was "very near acceptance" by creditors when the commission last week fired its top negotiators.

The county has been negotiating for months to restructure its sewer debt program, most of which is in auction- and variable-rate securities, and covered by out-of-synch swaps.

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