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Public Finance


RWG’s public finance lawyers serve as bond counsel to municipalities and other public agencies in a broad range of financings. Such financings include not only traditional debt instruments but also innovations like multi-modal variable rate bonds, capital appreciation bonds, certificates of participation, credit enhancement devices, derivative instruments, and investment agreements.  Projects include water and sewer facilities, police and fire protection facilities, streets, parks, libraries, schools, and affordable housing.

We provide bond counsel and disclosure counsel services with respect to a variety of public financing arrangements, including general obligation bonds, certificates of participation, lease revenue bonds, enterprise revenue bonds, special tax bonds, special assessment and contractual assessment revenue bonds, redevelopment and successor agency tax allocation bonds, pension obligation bonds, tax and revenue anticipation notes, mortgage revenue housing bonds, and judgment obligation bonds.

Our financing expertise includes assistance to local agencies with the establishment of various types of financing districts and programs, including Mello-Roos community facilities districts, assessment districts, community choice aggregation (CCA) programs, and contractual assessment programs for property assessed clean energy (PACE).  We also help public entities navigate various legal constraints imposed upon the raising of revenue, such as Propositions 13, 62, 218, and 26.



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Richards, Watson & Gershon delivers practical advice and solutions tailored to the unique needs of public entities. Working seamlessly across offices in Los Angeles, San Francisco, Orange County, Temecula, the Central Coast, and Sacramento, and our dedicated team of experts provides the full scope of public law services.

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RWG consistently monitors developments that impact our private and public agency clients. Our frequent e-alerts serve to provide our unique insights into these developments.