Southeast

DALLAS — The Louisiana Bond Commission will meet in special session March 1 for the competitive sales of $449 million of state general obligation bonds.

Investors holding $3.14 billion of Jefferson County, Ala.'s sewer warrants should continue to see uninterrupted debt-service payments over the next few months thanks to an interim agreement approved by the county's bankruptcy judge this week.

The Clay Gas Utility District of Clay County, Tenn., has extended a tender offer through Friday to buy back its bonds for 10 cents on the dollar.

Louisiana Gov. Bobby Jindal’s proposed executive budget for fiscal 2013 calls for total spending of $25.5 billion, down $61 million from the fiscal 2012 spending plan.

Kentucky Gov. Steve Beshear and Sen. Damon Thayer joined forces Tuesday to sponsor a bill that would authorize a statewide referendum asking voters to allow expanded gambling in up to seven locations.

Georgia is once again in the crosshairs of a water-rights dispute as neighboring Alabama and Florida filed appeals with the U.S. Supreme Court on Monday.

Standard & Poor’s last week affirmed its C rating on $2.3 billion of Jefferson County’s sewer system revenue warrants.

The Jefferson County Commission Tuesday voted to hire a director of capital structure and investments to manage the $4.2 billion of debt that was placed into bankruptcy in November.

BRADENTON, Fla. — Metropolitan Atlanta Rapid Transit Authority officials said Tuesday that the American Energy and Infrastructure Jobs Act creates funding uncertainties because it would eliminate federal fuel taxes now dedicated for transit agencies.

BRADENTON, Fla. — Tennessee hopes that historically low interest rates will fuel its high-grade refunding deal this week with far greater savings than the state's 4% threshold for refinancings.