Federal Taxable Revenue Bonds, Series A of 2010
When the Commonwealth of Pennsylvania decided to utilize certain financing options under the American Recovery and Reinvestment Act by issuing (direct payment) Qualified School Construction Bonds in order to assist certain less wealthy, or fast-growing, school districts within the state, Dinsmore & Shohl was there, serving as local bond counsel to approximately one-sixth of the pool of participating school districts.
General Obligation Clean Renewable Energy Bonds, Series 2009
In December, 2009, under the shadow of a December 31 deadline by which time the Federal allocation of authority for this financing was set to expire, Dinsmore & Shohl served as bond counsel to the County of Lycoming on the private placement of this true “tax credit” bond, to finance certain electric power generating facilities at a County-owned landfill.
Veterans Compensation General Obligation Bonds, Series 2010
Pursuant to a voter-approved amendment to the state constitution, Ohio was able, with the assistance of Dinsmore & Shohl serving as its bond counsel, to borrow funds to pay certain benefits and compensation to eligible veterans (or their survivors) for military service in the Persian Gulf, Afghanistan and Iraq conflicts.