Kutak Rock served as counsel to the underwriters of the Educational Building Authority of the City of Homewood, Alabama’s $75,705,000 Lease Revenue Bonds (CHF – Horizons I, L.L.C. Recreation Center Project at Samford University), Tax-Exempt Series 2024-A and $14,580,000 of its Lease Revenue Bonds (CHF – Horizons I, L.L.C. Recreation Center Project at Samford University), Federally Taxable Series 2024-B. The Series 2024A/B Bonds were issued for the purposes of providing funds to finance the costs of: (a) the acquisition, construction, furnishing and equipping of an approximately 154,000 square foot recreation center and athletic complex and related site improvements, currently under construction on the campus of Samford University and refinancing outstanding debt related thereto; and (b) amounts required for capitalized interest, costs of issuance and other financing expenses related to the issuance of the Series 2024A/B Bonds.

Kutak Rock also served as counsel to the underwriters of the Educational Building Authority of the City of Homewood, Alabama’s $121,675,000 Revenue Bonds (CHF – Horizons II, L.L.C. Student Housing & Parking Project at Samford University), Tax-Exempt Series 2024-C and $68,290,000 of its Revenue Bonds (CHF – Horizons II, L.L.C. Student Housing & Parking Project at Samford University), Federally Taxable Series 2024-D. The Series 2024C/D Bonds were issued for the purposes of providing funds to finance: (a) the costs of construction of Phase IA of the Samford Horizons master plan on the core campus of Samford, consisting of (i) an approximately 515-bed student housing facility for freshman students, (ii) an approximately 140-bed student housing facility for upper-level students and Greek organizations, and (iii) an approximately 540-space parking deck expansion, and related amenities and facilities, along with associated site development and certain offsite improvements for the benefit of the students of Samford University; (b) the reimbursement of certain costs related to the Samford Horizons master plan, including costs of consultants, architects and engineers; and (c) amounts required for reserves, working capital, capitalized interest, costs of issuance and other financing expenses related to the issuance of the Series 2024C/D Bonds.

Fred Marienthal, Jennifer Barrett, and Bradley Scoble worked on this financing.