Many real estate development projects require the construction of infrastructure such as streets, sidewalks, sewers, parks, storm drains, schools and police stations. For master-planned communities, this traditionally has been accomplished through Mello Roos or other land secured bonds, in which special taxes on the new communities are assessed and used to repay the bonds. Allen Matkins has represented numerous developers in accessing this financing source, and has the expertise and experience to guide its clients through the lengthy and often frustrating process. Ultimate approval of such financing is a political process, and Allen Matkins helps developers fashion and implement a successful strategy to gain that approval at minimal cost.
EXPERIENCE
Our attorneys are also experienced in the development of public facilities, including public administration buildings, courthouses, county seats, airport facilities, and port facilities. Frequently, these projects are financed through lease revenue or other similar municipal bond techniques, and are often subject to additional financing overlays, such as redevelopment law requirements or federal subvention programs. Allen Matkins' experience in both real estate development generally (including land use, real property law, and CEQA) and public finance makes us uniquely qualified to help developers get selected for projects and get the projects documented.
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