Tim is an AV-preeminent rated Attorney focused on working with public entities on financings for cities, counties and special districts. Tim also serves underwriters and banks as underwriter counsel and bank counsel. Tim represents both large and small businesses and entities in the areas of Public Finance, Sports Facility Finance, Tax Law, Banking, Securities Law and Energy Law (Oil & Gas/Mineral, Solar, Wind) and has clients nationwide on real estate transactions, zoning and land use matters, contract and public bidding dispute issues and regulatory issues. Tim has expertise in section 103 tax controversy and municipal securities disclosure, including the preparation of Blue Sky Memoranda and disclosure policies. Tim is also a member of the Arizona State Board for Charter Schools having been appointed to that office by Governor Doug Ducey. Tim also serves as a member of the State of Arizona Board of Bar Examiners.
Alec Korenets, Practice Group Specialist and Marketing Director
Alec is an experienced municipal finance professional with over 14 years of government and non-for-profit banking and finance background and 20+ years of general banking, accounting, and legal experience. During his time at large banking institutions such as JP Morgan and Wells Fargo, Alec has covered primarily government banking clients in the West, focusing largely on Arizona. Alec has a broad experience of executing various municipal transactions ranging widely in size, type, and scope. Additional relevant experience includes extensive knowledge and involvement in public private partnership and construction financings transactions across the US. Alec serves the firm as a non-lawyer practice group specialist where he uses his municipal finance experience to make certain deals and documents are processed efficiently. Alec also leads marketing efforts for the firm. Alec is not licensed to practice law in any jurisdiction.
Representative list of Transactions:
- $343,000,000 City of Tempe, Certificates of Participation, Series 2021
- $33,000,000 Arizona Industrial Development Authority, Economic Development Revenue Bonds, Series 2021A and Series 2021B (Legacy Cares, Inc. Project) bond counsel to the AZIDA
- $28,890,000 City of Tempe, Transit Excise Tax Revenue Refunding Obligations, Series 2021
- $35,480,000 City of Tempe, Water and Sewer Revenue Obligations, Series 2021
- $22,545,000 City of Tempe, General Obligation Bonds, Series 2021
- $63,260,000 City of Casa Grande, Excise Tax Revenue Obligations, Series 2021
- $21,120,000 Town of Oro Valley, Excise Tax Parks & Recreation Tax Revenue Obligations, Series 2021
- $250,770,000 Arizona Industrial Development Authority, Economic Development Revenue Bonds, Series 2020A, Series 2020B and Series 2020C (Legacy Cares, Inc. Project) bond counsel to the AZIDA
- $57,415,000 Pima County Community College District, Revenue Bonds, Series 2019
- $3,100,000 City of Bullhead City, Excise Tax Revenue Obligations, Series 2018 (Purchaser Counsel)
- $2,705,000 City of Casa Grande, 2018 Defeasance of General Obligation Bonds Series 2008, 2009, and 2016B
- $4,410,000 Yavapai County Community College District, 2018 Cash Defeasance/Prepayment General Obligation Bonds
- $4,830,000 Drexel Heights Fire District, General Obligation Bonds, Project of 2017, Series A (2018)
- $47,560,000 City of Tempe, General Obligation Bonds Series 2018
- $37,460,000 Town of Gilbert, Water Resources MPC Senior Lien Utility System, Revenue Bonds, Series 2018
- $8,460,837 City of Tempe, 2018 Defeasance of Transit Excise Tax Revenue Obligations, Series 2008 and 2012
- $9,462,302 City of Tempe, 2018 Defeasance of General Obligation Bonds, Series 2015A and 2017
- $2,000,000 City of Prescott Valley, Entertainment Center Community Facilities District, Revenue Bonds, Second Series 2018 (Bank Counsel)
- $36,220,000 City of Chandler, Excise Tax Revenue Obligations, Series 2017
- $58,740,000 City of Chandler, General Obligation Bonds, Series 2017
- $6,450,000 Town of Gilbert, Revenue Bonds, Series 2017
- $43,075,000 Town of Gilbert, Revenue Refunding Bonds, Series 2017
- $12,780,000 Northwest Fire District of Pima County, General Obligation Bonds, Series 2017
- $32,810,000 City of Tempe, General Obligation Bonds, Series 2017
- $14,790,000 City of Tempe, Excise Tax Revenue Refunding Obligation, Series 2017
- $19,305,000 City of Tempe, Transit Excise Tax Revenue Refunding Obligation, Series 2017
- $27,535,000 Pinal County Community College District, Revenue Bonds, Series 2017
- $82,685,000 Electrical District No. 3, Electrical System Revenue Refunding Bonds, Series 2016
- $10,895,000 Yuma/LaPaz Counties Community College, District of Yuma and LaPaz Counties
- $19,510,000 City of Chandler, Excise Tax Revenue Refunding Obligations, Series 2016
- $39,050,000 City of Chandler, General Obligation Refunding Bonds, Series 2016
- $191,260,000 Maricopa County Community College District, Refunding Bonds, Series 2016
- $16,000,000 City of Casa Grande, General Obligation Bonds, Series 2016A
- $18,650,000 City of Casa Grande, General Obligation Bonds, Series 2016B
- $13,630,000 City of Tempe, General Obligation Bonds, Series 2016A
- $86,440,000 City of Tempe, General Obligation Refunding Bonds, Series 2016B
- $42,485,000 City of Tempe, Excise Tax Revenue and Refunding Obligations, Series 2016
- $28,895,000 Pinal County Community College District, General Obligation Refunding Bonds, Series 2016
- $7,310,000 Cochise County Community College, Revenue Bonds, Series 2016A
- $14,675,000 Cochise County Community College, Revenue Refunding Bonds, Series 2016B
- $45,460,000 Central Arizona Water Conservation District (Central Arizona Project), Water Delivery O&M Revenue Bonds, Series 2016
- $30,685,000 City of Scottsdale Municipal Property Corporation Excise Tax Revenue Bonds, Series 2015A
- Counsel to Colorado Business Bank (CoBiz) on numerous transactions in Arizona and California
- $214,540,000 City of Chandler, Arizona, General Obligation Refunding Bonds, Series 2014
- $16,000,000 Nevada System of Higher Education, Promissory Note (University of Nevada Reno), Series 2014B (Counsel to JPMorgan Chase Bank, N.A.)
- $12,000,000 Nevada System of Higher Education, Promissory Note (University of Nevada, Reno), Series 2014A, (Counsel to JPMorgan Chase Bank, N.A.)
- $22,735,000 City of Scottsdale, Arizona Municipal Property Corporation Excise Tax Revenue Refunding Bonds, Series 2014
- $83,150,000 City of Scottsdale, Arizona General Obligation Refunding Bonds, Series 2014
- $8,660,000 City of Chandler, Arizona Street, and Highway User Revenue Refunding Bonds, Series 2014
- $15,400,000 City of Chandler, Arizona Water, and Sewer Revenue Refunding Bonds, Series 2014
- $12,000,000 Nevada System of Higher Education, Promissory Note (University of Nevada, Reno), Series 2014, (Counsel to JPMorgan Chase Bank, N.A.)
- $16,000,000 Taxable Parity Obligation Credit Agreement Revenue Bonds, Series 2013 of Electrical District Number 3, Pinal County, Arizona
- $5,000,000 Financing for the Western Will County Communications Center (WESCOM), Will County, Illinois intergovernmental 9-1-1 Call Center and Public Safety Dispatch Center. Agency is comprised of 19 municipalities. (April, 2013)
- $151,090,000 General Obligation Bonds (2013), Maricopa County Community College District, Maricopa County, Arizona
