Southeast

BRADENTON, Fla. — The South Florida Water Management District yesterday unanimously extended a key contract deadline for its controversial plan to purchase land owned by U.S. Sugar Corp.

BRADENTON, Fla. — With the 2010 hurricane season set to begin June 1, Florida’s Citizens Property Insurance Corp. is preparing to price between $2 billion and $2.4 billion of debt to raise ready cash in case it is needed to pay claims for storm-related damages.

BRADENTON, Fla. — Attorneys for Larry Langford Tuesday filed a notice with the 11th U.S. Circuit Court of Appeals in Atlanta stating they intend to appeal his conviction.

BRADENTON, Fla. — The Securities and Exchange Commission sent the Florida State Board of Administration a one-paragraph letter last week stating that the agency will not recommend enforcement action regarding the meltdown of what was one of the largest local government investment pools in the country.

ORLANDO, Fla. — Alabama federal Judge Scott Coogler Friday sentenced former Jefferson County Commission president Larry Langford to 15 years in federal prison for his role in a long-running play-to-play scheme centering around the county’s now-failed $3.2 billion of sewer warrants and swaps.

ORLANDO, Fla. — Two members of Florida’s congressional delegation Friday said more federal funding is on the way for high-speed rail for the state and other areas of the country.

The Securities and Exchange Commission announced Friday that it has reached a $1.95 million settlement with First Allied Securities Inc. for failing to supervise one of its former brokers who engaged in unauthorized, fraudulent trading in the accounts of two Florida municipalities.

ORLANDO, Fla. — Florida will need full funding to build a high-speed rail network from Tampa to Orlando, and eventually on to Miami, Nazih Haddad, chief operating officer for the state’s new Florida Rail Enterprise program, said yesterday.

BRADENTON, Fla. — Federal prosecutors in Alabama Wednesday recommended that former Jefferson County Commission president Larry Langford be sentenced to a minimum of 24 years and four months and a maximum of 30 years and five months in prison.

BRADENTON, Fla. — The Florida Legislature will consider implementing the state’s first-ever intercept program designed to provide credit enhancement for municipal bonds.