Southeast

Virginia Gov. Robert McDonnell announced this week that the Virginia Transportation Infrastructure Bank will provide $160 million in loans to help finance two major transportation projects in the commonwealth.

State Bond Commission wants $325 million of road revenue bonds to hit the market quickly while interest rates are low.

With the final step in the federal environmental review process completed this week, the $2.6 billion Ohio River Bridges Project will allow Kentucky and Indiana to award construction contracts before the end of the year and the spans will serve to ease congestion across the Ohio River, said U.S. Transportation Secretary Ray LaHood.

Tennessee's revenue collections continued an upward trend in May with growth of 3.4% over the same month last year.

Richland County, S.C., council members are poised to try to ask voters for the second time in two years to approve a 1-cent, 20-year sales tax to finance nearly $940 million in transit and road projects.

New Orleans will seek approval of plan to refund up to $170 million of general obligation bonds at Thursday's meeting of the Louisiana State Bond Commission.

The U.S. Supreme Court is scheduled Thursday to consider whether it will review the so-called water war case between Georgia, Florida and Alabama.

The governing board for Florida's Citizens Property Insurance Corp. last week voted to hire a new president from the private insurance sector.

Tampa Bay Water's governing board Monday decided to move forward with an appeal in its suit challenging what it believes is a faulty reservoir design.

Jefferson County residents complain that creditors holding $3.14 billion of defaulted sewer warrants helped push the county into Chapter 9 municipal bankruptcy.