School and Construction Finance
Results achieved in prior matters are not meant to be a guarantee of success as the facts and legal circumstances vary from matter to matter.
Given the significant emphasis of our bond counsel practice in the area of school facilities finance and construction law, Wilentz, Goldman & Spitzer, P.A. public finance attorneys have in-depth experience in the administration of the referendum and voter education process, and in the issuance of short-term school notes and long-term school bonds. In addition, we have extensive experience in the alternative school financing structure and lease-purchase financing. We are thoroughly versed in the provisions of the Education Law and underlying regulations that govern the undertaking of school facilities construction projects.
With one of the most extensive practices in the State, representing over 150 school districts, we have experience in the following types of financings:
- Bond referenda/ Bond issuances
- Capital Improvement Lease Purchase Financings
- Equipment Lease Financings
- Energy Savings Improvement Programs
- Solar Power Purchase Agreements
- Short-term note issuances
In addition to the above-described "traditional" bond counsel services, we regularly participate in the public information and education process undertaken by our board of education clients to promote passage of the referendum and the undertaking of financings. Our efforts include the making of oral presentations at various public hearings at which the nature and scope of the proposed construction project and its projected tax impact is explained, and participating in the preparation of informational brochures to be distributed to the voters. In connection with such efforts, we educate our clients concerning the State statutory and case law guidelines to which boards of education must adhere when communicating with the voting public.
Our current experience in the referendum/school bonding and lease-purchase financing processes enables us to effectively and objectively assist our clients in analyzing the most appropriate financing structure for their circumstances.