Southeast

Kentucky’s appointees to a bi-state authority that will determine how to finance the $4.1 billion Ohio River Bridges Project have been announced by Gov. Steve Beshear and Louisville Mayor Jerry Abramson.

Alabama Gov. Bob Riley Friday announced the allocation of the first half of $236 million of qualified school construction bonds to help 46 school systems that applied to the program to finance the construction or repair of public school buildings.

BRADENTON, Fla. — Birmingham’s current budget is underfunded by $20 million, the new acting mayor announced yesterday in a disclosure that could lead to a review of the Alabama city’s double-A credit rating.

BRADENTON, Fla. — Birmingham, Ala., finance director Steve Sayler resigned late Monday, a city official confirmed.

WASHINGTON — The Georgia Department of Transportation is poised to launch a public-private partnership initiative it hopes will encompass 17 projects, including a multimodal passenger terminal in Atlanta, connector highways, toll roads and privatized highway rest stops.

DALLAS — New Orleans Mayor Ray Nagin on Friday outlined a 2010 general fund budget that relies on more vigorous revenue collection and cuts to departmental budgets to plug a $67.7 million deficit.

WASHINGTON — The Virginia Resources Authority on Thursday expects to sell $173.3 million of municipal bonds, including $68.7 million of direct-pay Build America Bonds, in a pooled transaction to make loans to 15 local borrowers for infrastructure and other projects.

BRADENTON, Fla. — Burdened by millions in unfunded pension obligations, Prichard, Ala., on Tuesday filed notice in federal court of its intention to enter Chapter 9 municipal bankruptcy — for a second time.

BRADENTON, Fla. — Larry Langford, convicted on 60 bond-related corruption felony charges late Wednesday, was removed from office as Birmingham’s mayor.

BRADENTON, Fla. — ­Birmingham, Ala., Mayor Larry Langford was convicted on 60 federal charges, nearly all related to his tenure as president of the Jefferson County Commission when $3.2 billion of sewer debt was refinanced.