Southeast

DALLAS — Louisiana will take a two-part, $375.3 million general obligation refunding to market Tuesday in a competitive sale, almost six months after the state had scheduled it.

BRADENTON, Fla. — Fifteen schools across Tennessee will get interest-free loans for capital projects thanks to the qualified school construction bond program afforded by Congress as part of the federal stimulus program, state officials said Tuesday.

BRADENTON, Fla. — Palm Beach County, Fla., officials hope that Congress will extend federal stimulus bond and tax-credit provisions needed to provide a critical financing element for a long-planned convention center hotel.

BRADENTON, Fla. — Although Jefferson County, Ala.’s sewer debt has been rated at junk level for quite some time, Moody’s Investors Service said Monday that the appointment of a receiver for the sewer system is a positive credit development for the county and bond insurers.

WASHINGTON — Virginia Gov. Robert F. McDonnell on Thursday released an audit of the state’s Department of Transportation that showed $1.45 billion could be freed up for projects and that these new funds could possibly accelerate VDOT’s bond issuances, sources said.

BRADENTON, Fla. — A Florida grand jury will consider whether to investigate a court building costing $47 million that was financed largely with tax-exempt bonds.

BRADENTON, Fla. — An Alabama judge said Wednesday that bankruptcy is not a feasible alternative for Jefferson County and appointed a receiver with rate-setting powers to take over the county’s sewer system.

BRADENTON, Fla. — Atlanta plans to bring $1.34 billion of new and refunding airport revenue bonds to market between November and January in two long-planned transactions.

WASHINGTON — Virginia Gov. Bob McDonnell is pushing for the creation of a state transportation infrastructure bank that would be funded with revenue from the privatization of state-owned liquor stores and provide an array of financing tools for road construction and other projects.

The Birmingham City Council approved a resolution Tuesday supporting an increase in the lodging tax rate by 3.5% to support the development of sports and entertainment facilities.