Bond Counsel for the Issuance of Chapter 100 Bonds to Provide Tax Certainty to Solar Developer
Represented a county in the negotiation and approval of the issuance of taxable industrial revenue bonds under Chapter 100. Municipalities often issue bonds under Chapter 100 to provide real and/or personal property tax abatement to private enterprise. Because of the uncertainty surrounding the assessment and taxation of solar energy farms, the county approved the issuance of Chapter 100 bonds to provide tax certainty to all of the affected parties, including the developer, the county and all of the other taxing jurisdictions within the boundaries of the solar project.
