- MSRB Publishes New Fact Book of Municipal Market Data and Invites User Feedback.
- MSRB Creates Professional Qualification Standards for Municipal Advisors.
- Best-Ex Rule Presents Liquidity, Compliance Challenges.
- Conduit Issuers, Dealers Face Some MA Challenges.
- Orrick Advises Goldman on Unique Bridge Financing to Propel Transbay Transit Center Project Down the Track.
- S&P: Proposed Criteria Changes Will Bring Greater Transparency to U.S. Municipal Water and Sewer Systems.
- Mixed Reviews on Disclosing Tax Incentives.
- IRS Issues Proposed Regs on Determining AFRs for Tax-Exempt Bonds: Tax Analysts
- Orrick: New Clean Renewable Energy Bonds IRS Notice 2015-12 Application Submission and Requirements.
- Louisiana Local Government Environmental Facilities and Community Development Authority v. All Taxpayers – After District Court declines to validate PACE bonds on due process grounds, Court of Appeal holds that state taxpayers and property owners do not have a protected property interest in challenging the validity of a bond resolution, but that it could not validate the bonds due to the Development Authority’s failure to publish or introduce into evidence the bond resolution, notwithstanding the fact that no objections to the validation had been filed.
- Hartland Glen Development, LLC v. Township of Hartland – Court of Appeal rejects Tax Tribunal’s blanket assertion that special assessments encumbering property can never result in a decrease in the property’s true cash value (TCV); remands for factual inquiry as to whether the outstanding special assessments in this instance can and did decrease the property’s TCV.
- And finally, we learned this week, via Binschus v. State, Dept. of Corrections, that the term “endorsed hallucinations” doesn’t mean what we initially assumed, thus foreclosing a promising source of revenue for this admittedly delusional publication.
