Southeast

Fort Lauderdale, Fla., City Commissioners Tuesday selected the finance team for the proposed issuance of $340 million of taxable pension bonds.

The Miami-Dade School Board last week gave final approval to placing a referendum on the Nov. 6 ballot to ask voters for approval to issue $1.2 billion of bonds for its South Florida schools.

Tampa Bay Water on Monday voted to issue bonds to finance some of the repairs to its cracked reservoir.

Bankrupt Jefferson County has rejected the lease securing $82.5 million of warrants. A payment default could occur on Oct. 1, though the debt is insured by Ambac.

A Florida law allowing local governments to declare a "financial urgency" can be an effective strategy for budget relief, says Fitch. Miami has used it several times.

Lloyds TSB sold its defaulted Jefferson County, Ala., sewer warrants, and is the second creditor to drop an appeal in the nation's largest municipal bankruptcy.

The Metropolitan Washington Airports Authority has opened a public comment period giving Northern Virginia residents the chance to weigh in on the authority's hotly-debated Dulles Toll Road rate increase schedule.

Louisiana State Bond Commission on Thursday approved a $40 million refunding of parking garage revenue debt at Louis Armstrong New Orleans International Airport.

Georgia asked four firms to bid on the Northwest Corridor project Thursday. The metro Atlanta congestion-reliever is estimated to cost up to $850 million.

A South Carolina judge has allowed the Georgia Ports Authority to intervene in a lawsuit challenging the deepening project in Savannah Harbor.