Mass Transit

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Kutak Rock has a long and distinguished history of participating in financings with a variety of mass transit agencies throughout the nation. We have addressed a wide variety of issues including the issuance of sales tax revenue bonds, revenue anticipation notes, certificates of participation, creation of entities to be utilized in conduit financings, and the formulation of policies and solutions covering a wide spectrum of transit-related issues. Our team examines each mass transit agency’s specific circumstances to help develop strategies to enable each agency to close a successful transaction. This comprehensive expertise and assistance enables us to meet our clients’ needs by providing them with the most up-to-date documents, analysis and advice necessary to avoid pitfalls typical of these complex financings. We are committed to leveraging our nationwide expertise, experience and resources to assist our clients in these transactions in a professional and cost-effective manner.

Additionally, we have a broad range of experience and expertise enabling mass transit agencies to understand and find innovative solutions to legal issues encountered in public-private partnership (P3) project financings. We have gained substantial experience in this area by representing sponsors, underwriters, lenders, depositors, servicers, financial advisors and insurers. Our attorneys on these transactions possess years of experience and expertise in advising our clients on local governmental law issues and considerations to be weighed during negotiations of the long-term leases and/or concession agreements utilized in P3 projects. We have helped our P3 clients to build highways, toll roads and rail transit facilities.

Our ability to undertake sophisticated transactions and apply creative approaches to difficult financing problems gives mass transit agencies the confidence that the financing will be done in accordance with the constantly changing laws, rules and regulations.