Local Governments & Public Authorities

On August 7, 2008, Gray and Pannell LLP closed a $20,000,000 bond issue for the Bryan County School District. Jim Pannell and Jon Pannell served as bond counsel on the financing. The bonds will be repaid from revenues raised by the county’s 1% educational sales and use tax (ESPLOST). Proceeds of the bond issue will…

The City of Calhoun issued its $4,755,000 City of Calhoun Water and Sewerage Revenue Bonds, Series 2008, on April 15, 2008. Jim Pannell and Jon Pannell served as bond counsel to the City in the transaction. The proceeds of the bonds will be used to redeem outstanding GEFA loans and to make capital improvements to…

On April 15, 2008, Grady County issued $5 million in general obligation sales tax bonds. Jon Pannell acted as bond counsel on the transaction. The bonds will be used by Grady County for capital improvement projects approved by the voters of Grady County in a Special Local Option Sales Tax election.

The City of Dublin School District issued $6,100,000 of its General Obligation Sales Tax Bonds on February 8, 2008. Jim Pannell and Jon Pannell acted as bond counsel to the School District on the transaction. The proceeds of the bonds will be used by the School District to help finance a new Dublin High School…