Southeast

Sarasota, Fla. Finance Director Chris Lyons will retire.

Jefferson County, Ala., commissioners approved a restructuring agreement with Ambac Assurance Corp. to reduce annual payments securing revenue warrants.

Moody's Investors Service said Monday that the Sept. 18 decision by Alabama voters to enable the state to draw funds from an endowment to prop up the 2013 budget is a credit negative.

The Georgia Transportation Board has agreed to a financing plan for the nearly $1 billion Northwest Corridor project that could see more than half of the cost funded with bonds.

The Virginia Housing Development Authority, among the highest-rated such agencies in the U.S., is set to price $175 million of taxable rental housing bonds on Tuesday.

The Louisiana State Bond Commission wants underwriters selling $350 million of state highway revenue bonds to develop a structure to take advantage of the market's current low interest rates.

U.S. District Judge Thomas Thrash Thursday morning granted Atlanta another 13 years to complete consent-related work on its massive sewer repair program.

A favorable market and investor interest led Fort Lauderdale, Fla., to price $338 million of taxable pension obligation bonds Wednesday, a day earlier than originally planned.

Florida's Fort Lauderdale plans to sell $338 million of taxable pension obligation bonds in a deal designed to entice and assure investors by limiting future benefit hikes.

Officials in Richland County, S.C., have begun public meetings and speaking engagements to educate voters on a $450 million general obligation bond measure.