Southeast

Florida's Santa Rosa Bay Bridge Authority has scheduled a meeting April 10 but a resolution to the agency's ongoing default on $131.2 million of bonds is not expected to be on the agenda.

Louisiana State Bond Commission wants more options before deciding on $100 million of bonds to bolster reserves for state-owned Louisiana Citizens Property Insurance Corp.

Moody's Investors Service downgraded the rating on bonds sold for Wake Forest Baptist, N.C., to A1 from Aa3 on Wednesday citing an unexpected decline in financial performance. The action affects $597.2 million of outstanding bonds.

Insurance Commissioner Jim Donelon sees no need for the state's insurer of last resort to sell $100 million of assessment bonds.

Louisiana Bond Commission to pick underwriters and bond counsel for $173 million refunding of highway revenue bonds.

A bill strengthening financial reporting requirements for Kentucky's 1,200 special taxing districts is headed to the desk of Gov. Steve Beshear.

The Florida Senate's Gaming Committee on Monday unanimously passed a bill that bans Internet cafes by clarifying current gaming laws concerning slot machines, charitable drawings, game promotions, and amusement games. A similar measure is being considered in the House.

The Florida Cabinet Tuesday authorized the issuance of up to $490 million of turnpike refunding bonds to lower interest rates within existing maturities.

Vero Beach, Fla., voters want the city's electric system sold to investor-owned FPL, but the deal faces regulatory reviews and the city must resolve its bond-related obligations to the Florida Municipal Power Agency.

The Atlanta City Council approved $200 million of municipal bonds to support the construction of a nearly $1 billion stadium for the National Football League's Atlanta Falcons.