Mike Stoddard is chair of the firm’s public finance practice group and Legal Opinion Committee. He focuses his practice on bonds, public finance, and securities, as well as business organizations, mergers, and acquisitions.
LAW SCHOOL: Vanderbilt University, J.D., 1985
UNDERGRADUATE: Occidental College, A.B., 1982
Worked as bond counsel, underwriter counsel, issuer counsel, borrower counsel, and disclosure counsel on numerous public finance transactions in Idaho and surrounding states throughout the past two decades.
General counsel to the Idaho Health Authority.
$65,000,000 financing of the first significant public-private partnership created in Idaho with subsequent $50,000,000 apartment and parking project.
$488,000,000 wind farm project, 122 turbines located in 11 different sites in Idaho. Work included drafting organizational documents, authorizing resolutions, providing legal opinions on organization of project entities, and enforceability of project documents. Heavy involvement in due diligence, local laws and restrictions, and permitting and entitlement issues.
Financing of a 12-site low-income housing complex in Oregon. Loan package included traditional construction financing and permanent loans, tax-exempt bonds, equity investment via tax credits, and some unique Oregon tax credits.
Represented numerous borrowers in negotiating credit facilities with lenders including a $75,000,000 revolving facility provided by a consortium of banks secured by properties in the US and Canada.