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Virginia will recoup $149 million of the more than $280 million the state spent on a cancelled $1.4 billion toll road P3.
July 6 -
A Virginia judge approved a mediated deal June 22 that will keep Virginia's Briar College open for another year and release endowment funds.
June 23 -
Standard & Poor's lowered the bond ratings of Virginias Sweet Briar College further into junk territory June 18 due to the legal efforts to keep the institution open.
June 18 -
The Virginia Supreme Court is ordering a lower court to take another look at legal efforts to prevent the financially troubled Sweet Briar College from closing.
June 9 - New Jersey
California has improved its budget practices and Virginia has enacted pension reforms, but New Jersey has been unable to get past chronic pension and budget problems, a nonprofit group found in a report released Monday.
June 8 -
Virginia will decide in November whether to proceed with $3 billion toll lane project as P3 or use conventional financing.
June 5 -
The Route 460 Funding Corp. of Virginia plans to use extraordinary redemption provisions to call $293.3 million of revenue bonds now that the state has terminated the project.
April 27 -
Virginia terminated its ties with a toll-road developer after spending almost $300 million on the $1.4 billion project.
April 16 -
A subsea traffic tunnel below Chesapeake Bay has been pushed ahead to take advantage of low interest rates.
March 23 -
Sweet Briar College in Virginia, which announced that it will close this year, said it will pay its bond and debt obligations after Standard & Poor's lowered its bond ratings to B-minus from BBB.
March 6