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Bond Financing Public Projects

Nossaman LLP

Maryland Purple Line Concessionaire Achieves Financial Close – Time to Build!

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Financing for the Maryland Purple Line closed on Friday, June 17 – marking an important milestone for the Maryland Transit Administration’s (and Maryland Department of Transportation’s) plan to deliver a transit solution to...more

Nossaman LLP

Mello-Roos May Be Used to Fund Condemnation Action of Private Utility Provider

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Those of us living in newer neighborhoods are familiar with Mello-Roos – it shows up on our annual tax bills as a way to pay off bonds issued to finance various public improvements, such as schools, streets, and parks that...more

Ballard Spahr LLP

Obama’s Proposed 2016 Budget Seeks To Address Infrastructure Needs

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The Obama administration's proposed 2016 budget, released on February 2, 2015, reflects the administration's commitment to finding ways to finance the country’s growing infrastructure requirements. The 2016 budget includes...more

Nossaman LLP

Orange County Toll Agency Successfully Refinances Over $1 Billion of Toll Revenue Debt

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The San Joaquin Hills Transportation Corridor Agency today successfully refinanced $1.4 billion of its $2.2 billion in outstanding debt issued to fund construction of the 73 Toll Road. “This is great news for drivers and the...more

Nossaman LLP

"Enhanced Infrastructure Financing Districts": New California Infrastructure Financing Law Passes Legislature

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Enhanced Infrastructure Financing Districts will soon become a reality for many cities and counties looking for a mechanism to perform some functions previously done by redevelopment agencies. Senate Bill 628 (SB 628) passed...more

Best Best & Krieger LLP

Legislature Approves Enhanced Infrastructure Financing Districts; Awaiting Governor Signature

Gov. Jerry Brown’s vision for “Enhanced Infrastructure Financing Districts” was approved by the Legislature and is awaiting Brown’s signature. SB 628 (Beall, D-Campbell), a gut-and-amend bill passed in the last week of the...more

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