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Charlotte, N.C., will buck a recent trend and keep embattled Wells Fargo Securities on its sale of up to $150 million of general obligation bonds, saying the investment bank has served the city well.
October 5 -
The Internal Revenue Service has informally advised the Baker Correctional Development Corp. in Florida that $45 million of first mortgage revenue bonds it issued in 2008 are taxable.
September 29 -
Miami officials will hold a special meeting with attorneys to determine whether to accept a settlement with the Securities and Exchange Commission in light of a verdict finding the city guilty of securities fraud.
September 22 -
Miami City Manager Daniel Alfonso said the city has received a proposed settlement of the Securities and Exchange Commission's case, in which a jury found the city guilty of securities fraud last week.
September 22 -
With passenger levels continuing to exceed expectations, the Greater Orlando Aviation Authority plans to issue $189.4 million of airport revenue bonds for its capital improvement and expansion plans at Orlando International Airport.
September 21 -
Opa-locka faces potentially expensive legal challenges that could push the already troubled small south Florida city closer to bankruptcy.
September 16 -
The Central Florida Expressway Authority plans a $425 million advance refunding spurred by continued low interest rates in the bond market and reduced negative arbitrage.
September 14 -
Amid a federal corruption probe, Opa-locka, Fla.'s former manager, David Chiverton pleaded guilty to taking pay-offs as a state financial oversight panel attempts to prevent the city from having to file for bankruptcy.
September 13 - Florida
After four years of record spending, Floridas economists believe the state budget is headed for structural imbalance due to tax cuts and rising program costs even though revenues are expected to continuing rising.
September 8 - Florida
The Florida Municipal Power Agency named Peabody Energy Corp. executive Jacob A. Williams, a veteran of the private utility sector, to be its new general manager.
September 1