Public Finance



The public finance attorneys at Roetzel offer extensive knowledge and experience in all aspects of public finance law. We serve as bond counsel, underwriter's counsel, issuer's counsel, disclosure counsel and trustee's counsel, and frequently represent providers of credit enhancement for private and public sector projects. We have significant experience in the issuance of general obligation, special obligation and revenue obligation debt issuances of all types, including the negotiation and coordination of economic development incentives supporting those debt issuances. We also have significant experience acting as bond counsel for the issuance of port authority bond funds and special revenue debt issuances supporting billions of dollars of public infrastructure and private investment. We assist clients in the areas of debt structuring with fixed and variable rate securities, incentive finance, and leasing, including capital and operating lease revenue obligations. We act as bond counsel for governmental and private uses, 501(c)(3) organizations, exempt facility operators, and low-income housing developers.

Roetzel is a nationally recognized bond counsel firm listed in The Bond Buyer's Red Book. Our experience spans the entire range of public finance, including federal tax law and federal and state securities laws. Underwriters, rating agencies, bond purchasers, bond insurers, and other credit enhancement providers in the municipal bond market readily recognize and accept the firm's opinion on public finance transactions.

Cities, villages, counties, school districts, townships, port authorities, transit authorities, libraries, state agencies, and other public sector clients look to our attorneys for guidance. Many of our attorneys have business and financial backgrounds, including Certified Public Accountant certifications and Masters in Taxation. Our clients also include financial and educational institutions, nonprofit organizations, and health care providers. In addition, we represent private companies seeking both tax-exempt and taxable capital markets finance and development benefits, tax abatement, tax credits, and other government incentives to assist with business development and expansion.

Our People

Representative Services

  • Bond counsel
  • Counsel to letter of credit banks and other providers of credit enhancements
  • Issuer's counsel
  • Disclosure counsel
  • Trustee's counsel
  • Underwriter's counsel

Representative Matters

State of Ohio

  • $261,690,000 State of Ohio General Obligation Refunding Bonds
  • $230,000,000 State of Ohio Major New State Infrastructure Revenue Bonds
  • $170,000,000 State of Ohio General Obligation Highway Capital Improvement Bonds
  • $120,000,000 State of Ohio Development Assistance Bonds
  • $27,000,000 Northeast Ohio Medical University General Receipts Bonds
  • $121,090,000 Cuyahoga Community College District General Receipts Bonds, Series C

County and Municipal

  • $39,765,000 City of Akron General Obligation Various Purpose Refunding Bonds
  • $28,870,000 City of Akron Various Purpose Income Tax Bonds
  • $162,835,000 City of Akron Community Learning Centers Income Tax Revenue Refunding Bonds
  • $14,910,000 City of Akron Taxable Refunding Certificates of Participation (Akron Municipal Baseball Stadium Project)
  • $28,230,000 City of Akron Taxable Economic Development Revenue Refunding Bonds
  • $24,300,000 County of Summit, Ohio Various Purpose and Refunding Bonds
  • $9,435,000 County of Lake Various Purpose Refunding Bonds
  • $5,435,000 County of Lake Sewer Improvement Bonds
  • $23,275,000 City of Medina, Ohio Various Purpose and Refunding Bonds
  • $7,145,000 City of Streetsboro General Obligation Various Purpose Bonds
  • $10,320,000 County of Cuyahoga, Ohio Rock and Roll Hall of Fame and Museum Project Notes
  • $5,557,611.70 City of Steubenville, Ohio Municipal Facilities Improvement and Refunding Bonds
  • $4,060,000 City of Ravenna Library Improvement Revenue Refunding Bonds (Board of Trustees of the Reed Memorial Library – Lessee)
  • $5,940,000 City of Ravenna, Ohio Energy Conservation Improvement Bonds
  • $3,890,000 City of Norton, Ohio Various Purpose Bonds
  • $5,395,000 City of North Royalton Various Purpose Bonds
  • $4,500,000 City of Fairlawn, Ohio Various Purpose Refunding Bonds

Port Authority

  • $120,000,000 Development Finance Authority of Summit County Taxable Development Revenue Bond (The Goodyear Tire & Rubber Company Headquarters Project)
  • $6,645,000 Development Finance Authority of Summit County Jobs & Investment Fund Program Taxable Development Revenue Bonds (City of Akron - University Edge Project)
  • $75,000,000 Wood County Port Authority Taxable Development Revenue Bonds (Troy Township – Home Depot Project)
  • $20,460,000 Portage County Port Authority Development Revenue Bonds (Kent State University Project)
  • $10,400,000 Medina County Port AuthorityTaxable Development Revenue Bonds (HD Medina I, LLC Project)
  • $28,239,813 Toledo-Lucas County Port Authority Taxable Development Revenue Bonds, (NRP – Toledo Student Housing Project)
  • $1,420,000 Dayton-Montgomery County Port Authority Development Revenue Bonds (Dayton Regional Bond Fund)
  • $5,250,000 Lake County Ohio Port and Economic Development Authority Development Revenue Bonds (Goodwill Industries of Greater Cleveland and East Central Ohio, Inc. Project)
  • $2,505,000 Cleveland-Cuyahoga County Port Authority Tax-Exempt Revenue Refunding Bonds (Oriana Services, Inc. Project)
  • $6,000,000 Guernsey County Port Authority Taxable Development Revenue Bonds (Pine Hill Crossing Project)

School District

  • $55,734,932 Maple Heights City School District General Obligations School Facilities Improvement Bonds
  • $33,724,861 Springfield Local School District, Ohio General Obligation School Facilities Improvement Bonds
  • $64,899,913.10 Plain Local School District School Improvement Bonds

Underwriter Counsel

  • $81,000,000 Strongsville City School District School Improvement Bonds
  • $230,885,000 County of Cuyahoga, Ohio Certificates of Participation (Convention Hotel Project)
  • $50,000,000 State of Ohio Capital Facilities Lease-Appropriation Bonds
  • $115,000,000 State of Ohio Revitalization Project Bond Anticipation Notes,
  • $152,835,000 Cleveland State University General Receipts Bonds
  • $60,750,000 State of Ohio Capital Facilities Lease-Appropriation Bonds
  • $235,150,000 City of Cleveland, Ohio Airport System Revenue Bonds
  • $74,385,000 City of Cleveland, Ohio Airport System Revenue Bonds
  • $131,290,000 Ohio Turnpike Commission Turnpike Revenue Refunding Bonds
  • $488,775,000 State of Ohio General Obligation Refunding Bonds
  • $336,930,000 Northeast Ohio Regional Sewer District Wastewater Improvement Revenue Bonds
  • $215,000,000 State of Ohio, Major New State Infrastructure Project Revenue Bonds
  • $63,225,000 City of Cleveland, Ohio Refunding Certificates of Participation, (Cleveland Stadium Project)

Related Media

Related Events

Executive & Corporate Counsel Forum 2018
Nov 15, 2018 — Embassy Suites Cleveland - Rockside, 5800 Rockside Woods Boulevard, Independence, OH 44131