Oregon Client Alert: Urgent – Action Needed to Preserve Private Activity Bonds
Doug focuses on public finance and municipal bond law, including federal, state and tribal tax and securities law issues.
Doug serves as bond counsel for the Oregon University System and Oregon Health and Science University. Doug also serves as the primary lead bond counsel for the Oregon Facilities Authority on higher education, hospital and other conduit 501(c)(3) revenue bond issues.
He also has served as bond counsel or underwriters counsel to conduit revenue bond issuers in the States of Washington, Oregon, California, Texas, Idaho, Wyoming, Mississippi, Alaska, and Wisconsin. Doug has served as bond counsel or underwriters counsel on nonprofit CCRC financings in California, Florida, Oregon, Texas, Washington and Wisconsin. In December 2012, Doug helped design and served as underwriters’ counsel on three series of revenue bonds which helped restructure more than $100 million of nonprofit debt for a CCRC located in Seattle, Washington.
Doug is bond counsel to many Oregon and Washington state departments, commissions and boards, and numerous Oregon cities and counties. Doug works on large transportation financings for highways, bridges, transit, airport and marine facilities and serves as bond counsel to The Port of Portland and the Oregon Department of Transportation. He has served as a member of the Oregon Department of Transportation’s Innovative Finance Advisory Committee and has drafted legislation for a variety of transportation projects.
Doug is actively engaged in Oregon public and civic affairs. Since 2008, Doug has chaired the Oregon Short Term Fund Board. He also has served on the boards of the Portland State University Foundation, Classroom Law Project, Metropolitan Youth Symphony, Museum at Warm Springs, Arlington Club, Arlington Club Heritage Foundation, Waverley Historic Foundation and Pumpkin Ridge Golf Club. For 20 years, Doug served as pro bono corporate counsel to the Oregon Coast Aquarium.
For more than 30 years, Doug has worked on large and small industrial, economic development, and solid waste disposal projects for manufacturing, paper and newsprint, and waste disposal companies.
Doug serves as bond counsel to a number of school districts on general obligation, full faith and credit and pension bond financings. He was responsible for helping draft the initial legislation that authorizes school districts and local governments to finance their unfunded actuarial pension liabilities.
For more than 25 years, Doug also has served as bond, underwriter’s counsel and bank counsel on a broad range of tribal financings for tribal schools, utilities, justice centers, healthcare, hydroelectric dam facilities, manufacturing and economic development projects. He also has worked on a variety of financings for tribal gaming facilities, resorts and convention facilities. Doug also advises tribal clients on direct investment projects and other investment related matters.
Among other tribal clients, Doug serves as bond counsel to The Navajo Nation and The Confederated Tribes of the Warm Springs Reservation of Oregon.