Coats Rose, P.C. Represents Developer in PID/TIRZ Bond Financings

HOUSTON – April 8, 2024 – Coats Rose, P.C. Attorneys, Timothy Green and Krystal Joseph, recently represented the developer in the issuance of $6,742,000 Senior Lien Special Assessment Revenue Bonds, Series 2024A (City of Dayton, Westpointe Villages Public Improvement District, Improvement Area #2) and $5,175,000 Junior Lien Special Assessment Revenue Bonds, Series 2024B (City of Dayton, Westpointe Villages Public Improvement District, Improvement Area #2) to fund certain public infrastructure serving a 122 acre residential development in the City of Dayton, Texas.  The public improvement district and an overlapping tax increment re-investment zone were utilized to provide water, sewer and drainage facilities and roads to serve approximately 276 single family homes (Improvement Area #2).

Tim 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 $16 billion of tax-exempt bonds for the financing of public infrastructure.

 

About Coats Rose, P.C.

Coats | Rose is a transactional and litigation law firm focused on development: the development of real estate, special purpose districts, affordable housing, business, and private wealth. We provide legal counsel to businesses, governmental entities, corporate and high-net worth clients across the U.S. and internationally. For over 40 years, the firm has leveraged its vast legal experience to fulfill clients’ needs spanning real estate law, public finance, affordable housing and community development, construction/surety law, commercial litigation, governmental relations, intellectual property, mergers and acquisitions, securities law and tax.  We cultivate long term client relationships and help clients to achieve their business aims.

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Houston, Texas 77046
Phone: 713.651.0111
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