Posts Tagged ‘Representative Transactions’
Grady County – Lake Project
On November 9, 2010, the South Georgia Governmental Services Authority, on behalf of Grady County, Georgia, issued $14,940,000 of revenue bonds for the purpose of designing and constructing a 960 acre recreational fishing lake within the County, which project will also include the design and construction of boat ramps, fishing piers, recreational pavilions and beaches…
Read MoreBulloch County – Qualified School Construction Bonds (QSCBs)
On October 26, 2010, Gray & Pannell acted as bond counsel to the Bulloch County School District on issuing $13,705,000 of Qualified School Construction Bonds (QSCBs). The bonds are the second series of bonds to be issued by the School District as authorized by a referendum of the voters of Bulloch County on March 17,…
Read MoreCamden County Public Service Authority – Refunding Bonds
On September 30, 2010, Gray & Pannell gave the approving opinion as bond counsel on the issuance of $41,455,000 of water and sewer refunding revenue bonds issued by the Camden County Public Service Authority for the benefit of the City of St. Marys, Georgia. Payment of the bonds is secured by an intergovernmental contract between…
Read MoreThomasville Schools – Qualified School Construction Bonds (QSCBs)
On July 22, 2010, Gray & Pannell LLP gave the approving opinion as bond counsel on the first Qualified School Construction Bond (QSCB) issued in the State of Georgia since the passage of the Hiring Incentives to Restore Employment (HIRE) Act by Congress. The QSCB program, originally created by Congress in 2009 as a part of…
Read MoreDalton Building Authority – Recovery Zone Economic Development Bonds
On April 29, 2010, the Dalton Building Authority issued $5,600,000 of Recovery Zone Economic Development Bonds (RZEDBs) on behalf of the City of Dalton, Georgia for the construction of a new community center and renovations to recreation facilities in the City. Gray & Pannell acted as bond counsel to the Authority on the issue. The RZEDB allocation was…
Read MoreBulloch County Schools
On December 2, 2009, Bulloch County School District issued $23,525,000 of general obligation sales tax bonds. Gray & Pannell served as bond counsel on the issue. The bonds were authorized by the voters in Bulloch County upon the renewal of the special local optional sales and use tax for educational purposes (“ESPLOST”). Proceeds will be used by…
Read MoreBibb County Self Liquidity issues
On June 30, 2009, Gray & Pannell LLP acted as bond counsel to Bibb County on the closing of a $11,500,000 refunding and improvement revenue bond through the Macon-Bibb County Industrial Authority. The financing was unique in that the Authority issued variable rate bonds backed by the self liquidity of Bibb County instead of a…
Read MoreLiberty County Justice Center
On June 17, 2009, Gray & Pannell LLP closed a $20,785,000 financing for Liberty County through the Liberty County Public Facilities Authority. The bond issue will be used by Liberty County to finance a new justice center adjacent to the courthouse in Hinesville. Gray & Pannell LLP began working with Liberty County in 2007 on…
Read MoreEastman Water and Sewerage Bonds
On May 7, 2009, the City of Eastman, Georgia issued a $7,395,000 water and sewerage revenue bond through USDA – Rural Development. Gray & Pannell LLP acted as bond counsel to the City. The revenue bond was issued to construct additions and improvements to the water and sewerage system of Eastman. Gray & Pannell LLP…
Read MoreDecatur County Bonds
On March 19, 2009, Decatur County issued its $8,455,000 Decatur County General Obligation Sales Tax Bonds, Series 2009. Gray & Pannell LLP acted as bond counsel on the transaction. The attorneys of Gray & Pannell LLP began working with the Board of Commissioners in the early summer of 2008 on the renewal of their SPLOST…
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