Southeast

David Carrington, who was president of the commission that placed Jefferson County, Ala., into Chapter 9, said his experience presents an opportunity for him to consider running for governor.

Georgia-based First Southern Securities has hired Rafael Pagán to help the boutique investment banking firm break into the mergers and acquisitions sector.

All Aboard Florida moved a step closer to financing the first phase of its private passenger train project when the U.S. Department of Transportation approved AAF’s new application for $600 million of tax-exempt private activity bonds. PAB financing for the project’s second phase remains uncertain.

Veteran public finance banker Warren “Bo” Daniels Jr. has rejoined Loop Capital Markets to lead the firm’s efforts in Georgia and neighboring southern states from a new Atlanta office.

Orange County, Fla., will competitively price $282 million of new money and advance-refunding tourist development tax-backed revenue bonds on Tuesday.

Alabama plans to issue $652 million of bonds secured by settlement payments stemming from the Deepwater Horizon oil spill in the Gulf of Mexico.

At the request of Jefferson County, Ala.’s bankruptcy attorneys, the 11th Circuit Court of Appeals set what appears to be a firm date to hear oral arguments on Dec. 16 in Atlanta.

The city of Mobile, Ala., has agreed to pay an undisclosed sum of money to the Internal Revenue Service to maintain the tax-exempt standing of $63.4 million of general obligation refunding and improvement warrants it issued in 2006.

Miami city commissioners will be asked Thursday to approve their first bond issue since a federal jury found the city guilty of violating securities fraud charges and paying a record $1 million settlement.

A $338.5 million federal loan is part of the funding package for a subsea road tunnel project in Virginia.