When a municipality or public authority in New York State undertakes a capital project financing, it is necessary to retain an experienced bond attorney with a strong background in municipal finance and public authority finance. To schedule an appointment with a knowledgeable public finance law attorney, contact us today.
Red Book Bond Counsel: Rodenhausen Chale & Polidoro LLP is a nationally recognized "Red Book" bond counsel firm representing municipalities and public authorities throughout the Hudson Valley region and New York State.
Local Finance Law: Cities, towns, villages, school districts and fire districts in New York issue Bond Anticipation Notes (BANs) and Bonds as general obligations pursuant to the Local Finance Law, backed by their authority to levy property taxes. Bond counsel prepares certain authorizing documents and issues their opinion as to validity and tax exemption. In our role as bond counsel, we advise agencies on tax matters, disclosure, preparation of authorizing proceedings and other legal matters.
BANs, TANs and RANs: Our firm serves as bond counsel for both privately placed and publicly offered municipal bonds, and for short-term Tax Anticipation (TANs) and Revenue Anticipation Notes (RANs), as well as capital projects. We are experienced at guiding clients through complex municipal finance transactions.
EFC and USDA: We serve as bond counsel for financings through the New York State Environmental Facilities Corporation (EFC), United States Department of Agriculture (USDA) Rural Development grants and other state and federal grant or subsidized loan programs.
Other Finance Matters: We also advise municipalities regarding related matters such as establishment of capital reserves, district proceedings and investment guidelines. We provide opinions and prepare proceedings for capital lease financings and energy performance contracts. We also provide opinions and proceedings for special tax exempt loan financings such as volunteer fire company loans and libraries.
IDA’s and Public Benefit Corporations: We serve as bond counsel for public authorities such as Industrial Development Agencies (IDAs) and state public benefit corporations issuing general obligations or obligations backed by revenue from specific projects. Projects include direct activities of a public authority such as solid-waste facilities or infrastructure, or conduit financing for industrial, housing and not-for-profit purposes. Transactions may involve bond insurance, variable rate bonds, letters of credit and other liquidity and credit facilities. We handle projects financed through the New York State Dormitory Authority as well as federal housing programs. We represent trustees, banks and underwriters as well as issuers in connection with public authority finance transactions.
If you need an attorney to assist you with any type of public bond project or other public finance matter, we encourage you to contact us.