School Board Financings: The firm has served as bond counsel to numerous public school districts throughout New Jersey. Our attorneys have assisted in financing capital improvements through the issuance of bonds, notes and certificates of participation (lease purchase financings). They are experienced in financings pursuant to the New Jersey local bond law and the New Jersey school financing law, including the New Jersey Educational Facilities Construction and Financing Act. They have been involved with bond financings for the Monroe Board of Education, the Tuckerton Borough Board of Education, the Mountain Lakes Board of Education, the Essex Fells Board of Education, the East Hanover Township Board of Education, the Mendham Borough Board of Education, the Scotch Plains-Fanwood Board of Education, the Freehold Borough Board of Education, the Freehold Regional High School District and the North Arlington Borough Board of Education, among others. They also have assisted school districts seeking approval by the New Jersey Department of Education of the state share of their project costs and the approval of the Local Finance Board of special bond maturities and redemption provisions.
Educational Facility Financings Through the New Jersey Economic Development Authority: The firm has served as bond counsel to the New Jersey Economic Development Authority for more than twenty years and has worked on a diverse range of financings, including new money, current and advance refundings for various projects financed by the NJEDA for charter schools, private schools, and other nonprofit educational institutions, addressing primary, secondary and special education.
Higher Education Facility Financings Through the New Jersey Educational Facilities Authority: The firm has extensive experience relating to higher education facility financings and has served as bond counsel to the New Jersey Educational Facilities Authority ("NJEFA") since 1982. Representative borrowers include Princeton University, University of Medicine and Dentistry of New Jersey, New Jersey Institute of Technology, Fairleigh Dickinson University, Stockton College, Drew University and Seton Hall University. The firm also served as bond counsel to the NJEFA in connection with the NJEFA's Dormitory Safety Trust Fund Bonds, Series 2001A, Series 2001B and Series 2003A, which financed fire sprinkler improvements in dormitory facilities at educational institutions throughout New Jersey.