ATLANTA -- Plans by Broward County, Fla., to defease $168.3 million of outstanding Port Everglades Authority debt have taken a big step forward with the choice of a financial adviser for the transaction, the county's finance director said last Thursday.

The official, Phillip C. Allen, said he expects the county to wrap up a contract with Clayton Brown & Associates tomorrow, following approval of the Chicago-based dealer by the county's board of commissioners on June 28.

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