Municipal Finance

Clark Hill represents municipal clients on the legal issues pertaining to their financial and borrowing needs. Our firm regularly acts as bond counsel to municipalities; is included in the Bond Buyer’s Municipal Marketplace as “Recognized Bond Counsel”; approved as bond counsel to Rural Development; and also serves as members of the National Association of Bond Lawyers.

Our team has extensive experience in all aspects of the issuance of tax-exempt debt by municipalities. In this regard, we provide comprehensive knowledge of the federal and state laws that govern the issuance of tax-exempt debt. In addition, our team has a thorough knowledge of the federal and state law requirements for structuring municipal bond debt, and is well-versed in state and local election laws.

Our attorneys have acted as bond counsel in a large number of tax exempt bond transactions across the country. Our abilities include many types of bond transactions, including unlimited tax general obligation bonds, revenue bonds, tax increment bonds for DDAs, LDFAs, TIFAs and Brownfield Authorities, special assessment bonds, bonds issued by various authorities, and refunding bonds. In particular, we have been bond counsel in the issuance of numerous bonds to finance the construction of water and sewer improvements.

Notably, our attorneys are skilled in the borrowing process under the Rural Development Program. We have a very strong working relationship with Rural Development officials, and an in depth understanding of the Rural Development Program, its requirements, and structure for bond issues. This experience includes handling financing projects for water and sewer systems through revenue bonds and other types of bond issues. We believe that these relationships, which we have developed over many years of practice, allow us to provide a level of representation that might not be available from other law firms.