Jerry V. Kyle, Jr.

Partner

Austin

Jerry practices in the public law area. With a focus in public finance, he serves as bond counsel or underwriters' counsel in tax-exempt bond transactions.

Jerry has been active in traditional bond financings for governmental entities such as school districts, cities, counties and special-purpose districts, advising them on general obligation, ad valorem tax-secured financings and special or limited obligation financings, such as utility system revenue-secured financings, conduit financings, financings for state agencies and financings for entities authorized to act on behalf of the State of Texas and its political subdivisions, including tax and revenue anticipation and general obligation and special-purpose facility revenue financings.

  • Bond Counsel
    State Agencies

    • Bond counsel to a state agency on $32.9 billion of tax and revenue anticipation note financings since 2009
    • Bond counsel to a state transportation agency on $7.7 billion of highway fund revenue bonds since 2007
    • Bond counsel to a state transportation agency on $1.5 billion of Build America Bonds since 2009
    • Bond counsel to a state water development agency on $192 million of state general obligation water financial assistance bonds since 2012
    • Bond counsel to an institution of higher education on $1.08 billion of revenue financing system bonds since 2009
    • Bond counsel to an institution of higher education on $314 million of permanent university fund bonds since 2010
    • Bond counsel to a state transportation agency in connection with establishment of a $500 million state highway fund revenue commercial paper program

    Political Subdivisions

    • Bond counsel to an independent school district in connection with establishment of a $150 million commercial paper program
    • Bond counsel to various independent school districts on $3.7 billion of unlimited tax school building and refunding bonds since 2007
    • Bond counsel to a public utility agency on $210 million of utility system revenue bonds issued to purchase a utility system acquired from a regional water authority
    • Bond counsel to a transit authority on $20 million of sales and use tax revenue contractual obligations
    • Bond counsel to a regional water authority on $417 million of revenue bonds since 2008
    • Bond counsel to a freshwater supply district on $226 million of revenue bonds issued to finance a 76 mile pipeline
    • Bond counsel to various Texas municipalities on $735 million of general obligation and utility system revenue obligations since 2010

    Nonprofit

    • Bond counsel for the inaugural conduit bond issue for the Texas Biomedical Research Institute, which was named the 2021 Deal of the Year by Smith's Research and Gradings. As one of the world’s leading independent biomedical research institutions, the institute has an 80-year history of success that includes work on the first COVID-19 vaccine, the first Ebola treatment, the first Hepatitis-C therapy, and thousands of other developmental discoveries.

    Underwriters’ Counsel
    State Agencies

    • Underwriters’ counsel on $2.66 billion of unemployment compensation obligation assessment revenue bonds since 2010
    • Underwriters’ counsel on $1.2 billion of state revolving fund revenue bonds and state general obligation water assistance bonds since 2007
    • Underwriters’ counsel on $2.7 billion of revenue financing system bonds since 2009
    • Underwriters’ counsel on $1.1 billion of permanent university fund bonds since 2008

    Political Subdivisions

    • Underwriters’ counsel on $75 million general obligation bonds issued to finance economic development projects
    • Underwriters’ counsel on $200 million municipal water authority revenue bonds since 2009
    • Underwriters’ counsel on $387 million of Build America Bonds since 2007
    • Underwriters’ counsel on $143 million rental car special facility revenue bonds

    Disclosure Counsel

    • Disclosure counsel to a state transportation agency on $4.9 billion of general obligation mobility fund bonds since 2007 Disclosure counsel to a state transportation agency on $2.2 billion of highway improvement general obligation bonds since 2012
    • Disclosure counsel to various conservation and reclamation districts