Traditional Governmental Finance

Experience

Successfully Defended the Kentucky Local Government General Obligation Bond Laws Adopted After an Amendment of the Kentucky Constitution, Chandler v. City of Winchester

$80,000,000 Louisville and Jefferson County Metropolitan Sewer District Sewer and Drainage System Revenue Bonds, Series 2015A (Bond Counsel)

Sewer and drainage system improvements

Structured public private partnership between Ohio City and charitable trust for park development and preservation

Using a public private partnership between the City and a charitable trust, structured the acquisition financing of blighted properties abutting shoreline of Ohio’s largest man-made lake. Through the partnership’s efforts, the properties will be redeveloped and available for park and greenspace purposes for future generations to come.

$100 million Financing of Department of Transportation District and County Outpost Facilities

Managing approximately 19,300 of roadway under its jurisdiction, we assisted the Department in a financing of $100 million in improvements to its District and County outpost facilities where most highway-related functions are preformed, like planning, design, construction, engineering and maintenance.

City of Chillicothe, Ohio $6,520,000 Various Purpose Bonds, Series 2013, dated 11/26/13

City of Chillicothe, Ohio $6,520,000 Various Purpose Bonds, Series 2013, dated 11/26/13

Ottawa County, Ohio $3,140,000 Various Purpose Refunding Bonds, dated 10/3/13

Ottawa County, Ohio $3,140,000 Various Purpose Refunding Bonds, dated 10/3/13

$11,290,000 County of Greene, Ohio Water System Limited Tax General Obligation Refunding Bonds, Series 2013 (Federally Taxable) (Bond Counsel)

$11,290,000 County of Greene, Ohio Water System Limited Tax General Obligation Refunding Bonds, Series 2013 (Federally Taxable) (Bond Counsel)

$258,695,000 Hamilton County, Ohio Sewer System Improvement and Refunding Revenue Bonds (The Metropolitan Sewer District of Greater Cincinnati), 2013 Series A (Tax-Exempt) and 2013 Series B (Taxable) (Bond Counsel)

$258,695,000 Hamilton County, Ohio Sewer System Improvement and Refunding Revenue Bonds (The Metropolitan Sewer District of Greater Cincinnati), 2013 Series A (Tax-Exempt) and 2013 Series B (Taxable) (Bond Counsel)

$51,015,000 County of Greene, Ohio Sewer System Limited Tax General Obligation Refunding Bonds, Series 2013 (Federally Taxable), dated June 20, 2013 (Bond Counsel)

$51,015,000 County of Greene, Ohio Sewer System Limited Tax General Obligation Refunding Bonds, Series 2013 (Federally Taxable), dated June 20, 2013 (Bond Counsel)

$3,000,000 County of Cuyahoga, Ohio Adjustable Rate Demand Recovery Zone Facility Bonds, Series 2010A and $10,000,000 County of Cuyahoga, Ohio Adjustable Rate Demand Industrial Development Refunding and Improvement Revenue Bonds, Series 2010

$3,000,000 County of Cuyahoga, Ohio Adjustable Rate Demand Recovery Zone Facility Bonds, Series 2010A and $10,000,000 County of Cuyahoga, Ohio Adjustable Rate Demand Industrial Development Refunding and Improvement Revenue Bonds, Series 2010A/B (The Great Lakes Brewing Co. Project) (Bond Counsel)

$68,575,000 Certificates of Participation (Commonwealth of Kentucky State Office Building Project) (Bond Counsel)

We served as special counsel (bond counsel) on a $68.5 million Certificates of Participation financing structure to construct a new 371,160 square foot office building for use by the Commonwealth of Kentucky in Frankfort, Kentucky. The complicated Public-Private Partnership structure (P3), developed in response to a request for proposals issued by the Commonwealth in 2014, provides for the design build construction of an office building to be occupied by the Commonwealth of Kentucky upon completion. Utilizing a biennially renewable lease financing agreement and a management agreement satisfying specific requirements of the Internal Revenue Code for post completion operation and maintenance, a tax-exempt structure secured by the Commonwealth’s biennially renewable lease payment obligation (rated Aa3 by Moody’s Investors Service) was developed that addressed both pre-occupancy construction risk factors as well as the ongoing debt service and operational aspects of the project.