Southeast

BRADENTON, Fla. — With solid financials and resiliency during the recession, Charlotte Douglas International Airport is in the midst of a $511 million multi-year capital program.

U.S. Bank NA on Tuesday notified holders of the Connector 2000 Association Inc.’s 2011 toll revenue term bonds that an exchange of bonds will take place around May 31.

The Louisiana Senate Retirement Committee adopted two key components of Gov. Bobby Jindal’s pension reform plan Monday despite objections from opponents who said some aspects of the measures were unconstitutional.

Tampa Bay Water, a regional supplier for three counties on the west coast of Florida, is expected to ask for a new trial after losing a $100 million civil suit last week for what it claimed was a faulty reservoir design, according to published reports.

The Alabama Senate last week passed a bill that would authorize the issuance of $650 million of revenue bonds for highways, roads and bridges.

The federal judge overseeing the Jefferson County, Ala., bankruptcy case has set deadlines for creditors to file proof of claims.

WASHINGTON — Virginia won applause from Moody's Investors Service this week following an overhaul of its pension system, but neighboring Maryland received flak as the credit rating agency warned its proposed budget cuts could harm the credit of local governments.

BRADENTON, Fla. — Florida Gov. Rick Scott Tuesday signed into law a $70 billion budget for fiscal 2013, lauding the fact that it contains $1 billion more for K-12 education while bridging a $1 billion funding gap.

Virginia Gov. Robert McDonnell announced that the commonwealth has obtained all of the funds needed to proceed with its Elizabeth River Crossings project, including the full $300 million that the Virginia Department of Transportation has committed to the $2.1 billion public-private partnership.

BRADENTON, Fla. — South Carolina federal bankruptcy Judge David Duncan last week approved a plan allowing investors who want to trade their Connector 2000 Association term bonds to exchange them.