Southeast

In a review of Mississippi’s ratings released on Friday, Standard & Poor’s said the state’s AA general obligation debt rating reflected a strong financial position because of healthy reserves, despite decreased revenue collections for fiscal 2009 and fiscal 2010.

Louisiana has opted for binding arbitration to resolve its dispute over the replacement value for Charity Hospital in New Orleans, wich was severely damaged by Hurricane Katrina in 2005.

Atlanta Mayor Shirley Franklin said Monday that she has recommended the City Council approve legislation that would extend the lease between Hartsfield-Jackson International Airport and Delta Air Lines covering gates and other space for seven years, ensuring that the world’s busiest airport does not lose its largest hub airline.

The Birmingham City Council on Tuesday approved an ordinance extending the city’s lease with the Birmingham Airport Authority giving it nine more years to operate Birmingham-Shuttlesworth International Airport and allowing it to issue debt for improvements.

Bill Johnson, a Republican candidate for governor in Alabama, said he plans to propose that the state create a Bond and Public Financing Oversight Commission.

BRADENTON, Fla. - Miami-Dade County, Fla., hopes to terminate swaps insured by troubled Ambac Assurance Corp.

The South Carolina Transportation Infrastructure Bank expects to competitively sell today $93.6 million of revenue bonds to refund debt issued between 1998 and 2000.

New Orleans hopes to generate at least $5 million in revenue from businesses with a sales tax amnesty program that will begin Oct. 1 and extend through Dec. 4.

The Ascension Parish-Wide School District would upgrade 20 schools with the proceeds from a $100 million bond issue going to voters on Oct. 17.

Florida’s Division of Bond Finance Tuesday received authorization to sell $727.1 million of bonds.