Loans, Bonds, Public-Private Partnerships, and More
When local governments need money for capital projects, equipment purchases and maintenance, and city services, what are the funding options available to them? This program will cover the essentials of municipal financing, examining the legal processes involved with lease-purchase agreements, municipal bonds, and more. Our faculty will provide practical guidance on working with bond counsel and other municipal advisors, determining borrowing capacity, and guiding projects through referendums and public hearings. Register today!
- Explore funding challenges municipalities face and the financing options available to overcome them.
- Learn how public-private partnerships and tax increment financing have been used to close funding gaps.
- Take a closer look at the legal processes and procedures involved with issuing municipal bonds.
2:00 pm to 5:15 pm Eastern Standard Time
2:00 - 3:30, David M. Benjamin
- Municipal Finance 101
- Federal Securities Laws: Recent Developments
- Interplay with State and Local Ordinances and Statutes
- Reviewing Municipal Entities: Cities, Counties, and Others
- Types of Municipal Projects Typically Requiring Public Financing
- Surveying Municipal Financing Options
- Tax Exempt Leases
- Lease-Purchase Agreements
- Public-Private Partnerships
- Tax Increment Financing
- General Obligation Bonds
- Revenue Bonds
- Conduit Revenue Bonds
- Direct Lending and Private Placements
3:45 - 5:15, Kim J. Seter
- Issuing Municipal Bonds: Essential Processes and Procedures
- Identifying Key Players: Issuer, Municipal Advisor, Bond Counsel, Purchaser and Others
- Determining Borrowing Capacity and Debt Limits
- Obtaining Credit Ratings
- Navigating Referendum and Public Hearing Requirements
- Preparing the Bond Prospectus and Other Documentation
- Avoiding Liability for Material Misstatements and Omissions of Fact
- Protecting Tax Exempt Status
- Reporting and Disclosure Requirements
This program is designed for attorneys. Paralegals may also benefit.