Southeast

Jefferson County, Ala., filed a brief notice with the bond market on Tuesday stating that it once again defaulted on its sewer warrants. The county said warrants were purchased by banks that entered into standby warrant purchase agreements.

BRADENTON, Fla. - A $1.1 billion transportation project aimed at alleviating congestion around Atlanta has qualified to apply for a low-interest federal loan as part of the financing plan.

Transportation Secretary Ray LaHood is proposing to reduce the cost of the $3.8 billion metrorail extension to Dulles International Airport by having Loudoun and Fairfax counties in Virginia pay for parking garages and a station with federal assistance.

BRADENTON, Fla. - Jefferson County is asking creditors holding its $3.14 billion of defaulted variable- and auction-rate sewer warrants to take a haircut of $1.3 billion, the Birmingham News said Sunday.

BRADENTON, Fla. - Georgia Gov. Nathan Deal on Tuesday announced the completion of a deal allowing Toyo Tire North America Manufacturing to expand its plant and add up to 470 new jobs in exchange for $910 million of bonding capacity to help finance the project.

DALLAS - The board overseeing the construction of a proposed $1.2 billion state hospital in New Orleans decided Wednesday to take another look at the proposed financing.

WASHINGTON - Securities and Exchange Commission chairman Mary Schapiro is expected to preside over a one-day hearing on the municipal securities market near Birmingham, Ala., in two weeks, sources said.

BRADENTON, Fla. - Atlanta is preparing to price $372 million of senior general revenue refunding bonds next week as the first of two deals this year for the world's busiest airline hub, Hartsfield-Jackson Atlanta International Airport.

DALLAS - Voters in East Baton Rouge Parish, La., may have the opportunity in November to decide on a $748.5 million capital improvement plan that would include $716 million of bonds to finance projects in the city of Baton Rouge and throughout the parish.

The Loudoun County Board of Supervisors agreed to ask voters in November to approve the issuance of $169.62 million of general obligation bonds.