Southeast

BRADENTON, Fla. — The Securities and Exchange Commission is seeking a summary judgment against former Jefferson County, Ala., commissioner Larry Langford on three counts of violating the federal Securities Act.

DALLAS — New Orleans is spending millions to purchase a hospital damaged by Hurricane Katrina and renovate the vacant facility to serve residents of the city’s east side.

BRADENTON, Fla. — The Georgia Department of Transportation is moving forward with its second public-private partnership project — a long-discussed multi-modal passenger terminal in downtown Atlanta.

BRADENTON, Fla. — The Sarasota School of Arts and Sciences has closed on a rare municipal bond offering from a Florida charter school.

BRADENTON, Fla. — Based on settlements recommended by the Securities and Exchange Commission, a federal judge in Alabama has issued permanent injunctions prohibiting future violations of securities laws by Montgomery bond dealer William Blount and his firm, Blount Parrish & Co., and local lobbyist Al LaPierre.

BRADENTON, Fla. — Miami-Dade County, Fla., next week is pricing $524 million of tax-exempt aviation revenue bonds in what is expected to be the last major financing for Miami International Airport’s $6.49 billion capital improvement plan.

WASHINGTON — Virginia posted a preliminary fiscal 2010 surplus of at least $220 million as income and corporate taxes rebounded, reversing a $1.8 billion budget shortfall the state faced six months ago.

BRADENTON, Fla. — Florida Gov. Charlie Crist last week called for a special session of the Legislature on an oil-drilling ban in state waters, but the move has elicited criticism from lawmakers who say it’s a waste of money and others who say the limited scope of the session is disappointing.

Moody’s Investors Service upgraded West Virginia’s general obligation debt one notch to Aa1 Friday, citing conservative fiscal management and favorable financial performance.

DALLAS — New Orleans is a great city whose municipal finances are in shambles, Mayor Mitch Landrieu said Thursday in his first state of the city address since taking office in early May.