Southeast

More than a dozen Birmingham residents, including two City Council members and two Alabama lawmakers, on Monday filed a $1.63 billion claim in Jefferson County's Chapter 9 bankruptcy case.

In a move that is likely to make Virginia the leading state for public-private partnerships, Gov. Robert McDonnell has announced 22 transportation and infrastructure projects that may be developed as P3s.

WASHINGTON — Private firms have until July 12 to submit bids to operate the Port of Virginia as part of a public-private partnership, an opportunity created by the Virginia Department of Transportation after it received an unsolicited P3 proposal.

DALLAS — The Louisiana House met in an unusual Sunday session to adopt a $25.6 billion budget for fiscal 2013 that includes $272 million of one-time revenue to balance the spending plan.

BRADENTON, Fla. — Alabama Gov. Robert Bentley Thursday selected 105 road and bridge improvement projects for the first round of funding in the Alabama Transportation Rehabilitation and Improvement Program, or ATRIP.

DALLAS — The Louisiana Senate unanimously adopted a fiscal 2013 budget Thursday that relies on non-recurring revenues and proceeds from state property sales to restore more than $300 million of spending taken out earlier by the House.

BRADENTON, Fla. — Florida Transportation Secretary Ananth Prasad this week signed an agreement with the Orlando-Orange County Expressway Authority to build the long-planned $1.9 billion Wekiva Parkway.

The Virginia Commonwealth Transportation Board prices the biggest deal of the week, selling $600 million of capital projects revenue bonds.

BRADENTON, Fla. — Lower income and high operating expenses at Louisville’s KFC Yum! Center prompted Moody’s Investors Service Tuesday to drop the rating on the arena bonds to below-investment grade.

The New Orleans City Council’s budget committee last week approved a plan to refinance an estimated $310 million of outstanding debt.