Tax Increment Financings

Miller Canfield attorneys have been involved with tax increment financing, and the creation of the legislation and the authorities to use tax increment financing for a variety of projects.  Whether it is a downtown development project, corridor improvement project, brownfield redevelopment project, or other tax increment project, we can help.  We assist by:

• Consulting with governmental officials and advising on the legal options to borrow and method of repayment of debt
• Review and analyze applicable statutory options and tax increment financing plans
• Preparing all of the necessary resolutions, notices, agreements, and other documents to authorize, issue and market the bonds
• Providing advice and comment on disclosure documents and on all disclosure obligations under federal securities law in connection with the marketing and sale of municipal securities
• Analyzing the tax issues related to the bonds
• Rendering required legal opinions on validity and tax exemption
• Reviewing and advising as to the legal accuracy of certain information contained in the official statement respecting the bonds