Southeast

BRADENTON, Fla. - Miami has suffered several rating downgrades in the last two weeks as the financially stressed city plans to bring a refunding to market.

BRADENTON, Fla. - Lambuth University in Jackson, Tenn., closed down academic operations Thursday while administrative offices remained open and negotiations continued with various parties for the payment of debts, including outstanding bonds.

BRADENTON, Fla. - A last-ditch effort to prevent the Santa Rosa Bay Bridge Authority in northwest Florida from a bond payment default has failed and the remaining member of the board plans to resign next week.

The Rankin County School Board is planning to ask voters to authorize the issuance of $169.5 million of general obligation bonds.

Louisiana will set up a 10-member task force and a five-member advisory council to study a proposal to remove the tolls from two bridges over the Mississippi River in downtown New Orleans.

The 11th Circuit Court of Appeals in Atlanta Tuesday overturned a federal judge's ruling that ordered massive cutbacks in drinking water withdrawals by Atlanta and surrounding communities from a federal reservoir known as Lake Lanier.

Nearly two years after first issuing debt to build a performing arts center, Orlando finally broke ground on the long-awaited facility.

Miami-Dade County voters on Tuesday chose former County Commissioner Carlos Gimenez as their new mayor.

BRADENTON, Fla. - Jefferson County, Ala., agreed not to file for bankruptcy in return for a 30-day "standstill" agreement under which the receiver for the county's sewer system will allow negotiations to resume over defaulted sewer debt and won't pursue a rate increase - at least for now.

Four Jefferson County, Ala., lawmakers are legally opposing the sewer rate increase proposed by the court-appointed receiver managing the county's sewer system and its defaulted debt.