Southeast

Florida Department of Transportation Secretary Ananth Prasad has chosen a toll road industry veteran with more than 20 years of experience to be the executive director of Florida’s Turnpike Enterprise.

Florida’s elected Cabinet on Tuesday approved the issuance of up to $613 million of refunding bonds.

The Birmingham City Council Tuesday unanimously approved the issuance of $215 million of revenue bonds on behalf of the University of Alabama Health Services Foundation.

BRADENTON, Fla. - Attorneys representing Jefferson County and a financial adviser for Alabama told the Securities and Exchange Commission Friday that there is room for improving disclosure practices while striking a balance with the needs of financially struggling issuers.

DALLAS - A proposed $748 million capital improvement proposal for East Baton Rouge Parish, La., will proceed despite the refusal by a majority of parish commissioners to consider the plan, Mayor-President Melvin "Kip" Holden said Thursday.

BRADENTON, Fla. - Jefferson County, Ala., Thursday agreed to take the next week to review a counteroffer submitted by creditors holding $3.14 billion of variable- and auction-rate sewer warrants on which the government has defaulted.

DALLAS - A $748 million capital improvement plan for East Baton Rouge Parish was rebuffed on Wednesday when the Metropolitan Council refused to consider a request by Mayor-President Melvin "Kip" Holden to set a November election date.

BRADENTON, Fla. — Jefferson County, Ala., on Tuesday hired a national bankruptcy law firm to help determine whether to proceed with the largest Chapter 9 filing ever in the United States.

Boone County Schools in West Virginia is asking voters to pass a bond referendum next month. The Board of Education wants to sell $45.2 million of general obligation bonds in two series with 20-year maturities. Early voting will be held Aug. 5-17. Election day is Aug. 20.

The West Virginia Economic Development Authority closed on the sale of $90.8 million of lease revenue refunding bonds that achieved a net present-value savings of $6.39 million over the remaining life of the bonds, officials said.