DALLAS – August 10, 2021 – Coats Rose attorneys Tim Green and Josh Bethke represented the lender in a $115,000,000 land acquisition and development loan for 3,000-acres in Celina, Texas. The loan provides acquisition and development financing and is integrated and secured in part with special revenue assessment bonds and contract revenue bonds to be issued by the city and a municipal management district encompassing the project.
Green specializes in public finance throughout Texas, including particularly the creation of special purpose districts to finance public infrastructure. He has been involved in the development of thousands of acres of land for residential and commercial purposes, and the issuance of over $15 billion of tax-exempt bonds for the financing of public infrastructure.
Bethke has a public finance practice focused on the creation and administration of special purpose districts throughout Texas, particularly in the Dallas/Fort Worth area. representing clients before various governmental entities, including Texas Commission on Environmental Quality, cities, counties, and various regional service providers. Click to read more at www.coatsrose.com.