Southeast

Moody’s Investors Service last week downgraded Hillsborough County, Fla.’s community-investment tax revenue bonds to A1 from Aa2, and lowered the county’s court facilities refunding revenue bonds to A1 from Aa3.

Former Alabama Gov. Bob Riley is now working for Houston-based alliantgroup LP, a tax specialty services provider that helps companies take advantage of federal and state tax incentives.

Bankrupt Jefferson County, Ala. last week dismissed counter charges against the Bank of New York Mellon for withdrawing $584,742 from a construction fund.

BRADENTON, Fla. — Florida's Citizens Property Insurance Corp. Tuesday closed on the largest single catastrophe bond deal, transferring $750 million of risk to the capital market.

DALLAS — Louisiana spent $72 million over 14 years on a failed syrup mill while receiving only scant returns from its investment, including $45 million of revenue bonds issued in 2004 by the Louisiana Agricultural Finance Authority.

BRADENTON, Fla. — After a successful and rare competitive deal last year, Appalachian State University in northwestern North Carolina this week plans to competitively sell $25.8 million of general revenue refunding bonds.

The Louisiana Stadium and Exposition District is asking Louisiana lawmakers for $60 million of capital construction funding over two years for upgrades required under a new agreement between the state and the New Orleans Hornets basketball team.

Louisiana State University supervisors will consider a request Friday for $100 million of revenue bonds to add seats at Tiger Stadium in Baton Rouge.

Florida Gov. Rick Scott Friday vetoed a bill that would have established a new tax-credit program designed to raise money for the Florida Hurricane Catastrophe Fund, and reduce its reliance on the bond market.

Miami Beach on Monday received qualifications from eight teams interested in a public-private partnership with the city to develop a 52-acre Miami Beach Convention Center District.