Experience
Disclosure Counsel on $120 Million Revenue Bond Issuance
Served as disclosure counsel to a public utility in its issuance of $120 million in revenue bonds to finance infrastructure improvements.
Approval of Special Tax District
Secured tentative approval for a special tax district for redevelopment project being developed by client company. The district would levy a 1 percent sales tax on goods sold in the 22-acre district. It would expire at the end of 2043 or once it reached a limit of $4.5 million.
$43 Million Bond Issue for Municipality
Represented a municipality in the issuance of more than $43 million in bonds to fund the redevelopment of a former shopping center site. Because of possible changes in the tax code, it was necessary to structure the transaction twice in order to anticipate all possible contingencies and minimize the tax obligation for the municipality’s developer.
$258.4 Million Bond Financing
Served as co-bond counsel in the issuance of $258.4 million of tax-exempt bonds to fund airport construction and refinance existing debt. The refinancing was expected to result in major savings over the term of the bonds.
$10 Million Bond Financing for Charter School
Served as bond counsel for a $10 million financing for a charter school, which will use the financing primarily to purchase the land and buildings in the city where the school is located. Also served as borrower’s counsel for the school.