Adam C. Parker

Adam C.

Parker

Overview

Adam is a member of the Public Finance, Tax Incentives and Credit Markets Group and has extensive experience in public, private, and public-private finance transactions and economic development matters across sectors and transaction roles.

About

Adam is a member of Butler Snow’s Public Finance, Tax Incentives and Credit Markets Group. He regularly represents governmental entities, nonprofits, private businesses, housing developers, senior living providers, financial institutions, healthcare organizations, educational institutions, governmental entities, and infrastructure providers in the natural gas, water, sewer, and transportation sectors in public, private, and public-private finance transactions and economic development matters.

In addition to assisting clients with specific transactions, Adam assists and advises clients with forming governmental entities, calling and holding elections, monitoring legislative developments, and understanding the tools they can use to build their projects and communities.

Adam was named a Louisiana Super Lawyers® Rising Star in the area of Governmental Finance, is a member of the National Association of Bond Lawyers and was named to the Council of Development Finance Agencies Louisiana Financing Roundtable Advisory Committee.

Adam obtained his J.D. and M.P.A. from the University of North Carolina and his B.A. from Louisiana State University. Adam is admitted to the State Bar of North Carolina and formerly served as a Law Clerk to the Honorable Robert N. Hunter, Jr. at the North Carolina Court of Appeals.

Experience

  • Served in multiple roles on public, private, and public-private finance transactions and economic development matters, including bond counsel, underwriters’ counsel, placement agent counsel, borrower’s counsel on financings for governmental entities, nonprofits, private businesses, housing developers, senior living providers, financial institutions, healthcare organizations, educational institutions, governmental entities, and  infrastructure providers in the natural gas, water, sewer, and transportation sectors using multiple types of financing tools, including installment financings (direct bank placements and public market offerings), general obligation bonds, revenue bonds, bond anticipation notes, special assessment revenue bonds, tax increment bonds, synthetic tax increment financings, USDA financings, and refundings of prior financings.
  • Served as counsel to nonprofit affordable housing entities concerning property tax exemptions and transferring responsibilities to remain in compliance with the Internal Revenue Code.
  • Served as counsel on economic development incentive negotiations relating to a data center project and a high-voltage direct current transmission line and converter station project. 
  • Advised local governments on calling and holding elections, establishing economic development districts, available incentive packages, and the development of local economic development grant programs.
  • Recent representative public finance transactions include:
    • $1,004,660,000 The Black Belt Energy Gas District Gas Project Revenue Bonds (Project No. 7), 2021 Series C (Bond Counsel and Special Counsel)
    • $722,945,000 The Black Belt Energy Gas District Gas Project Revenue Bonds (Project No. 6), 2021 Series B (Bond Counsel and Special Counsel)
    • $50,000,000 Louisiana Citizens Property Insurance Corporation Line of Credit, 2021 (Bond Counsel)
    • $ 45,645,000 Louisiana Local Government Environmental Facilities and Community Development Authority Multifamily Housing Revenue Bonds (Patriot Services Group Louisiana Portfolio Project), Series 2021 (Bond Counsel and Local Borrower Counsel)
    • $11,800,000 Louisiana Housing Corporation Multifamily Housing Governmental Note (Cypress at Gardere Project), Series 2021 (Bond Counsel)
    • $90,000,000 Louisiana Stadium and Exposition District Bond Anticipation Notes, Series 2020 (Underwriter’s Counsel)
    • $23,075,000 Board of Commissioners of the Port of New Orleans Port Facility Revenue Bonds, Series 2020D (Non-AMT) and $51,125,000 Board of Commissioners of the Port of New Orleans Port Facility Revenue Bonds, Series 2020E (AMT) (Underwriter’s Counsel)
    • $95,710,500 Taxable Mortgage Note of the Parish Hospital Service District for the Parish of Orleans – District “A”, 2020 (Bond Counsel)
    • $19,750,000 Louisiana Local Government Environmental Facilities and Community Development Authority Multifamily Housing Revenue Refunding Bonds (The Cove at NOLA Apartments), Series 2020A (Bond Counsel and Local Borrower Counsel)
    • $7,000,000 County of Vance, North Carolina Installment Financing Agreement, Series 2020 (Purchaser’s Counsel)
    • $414,345,000 Hampton Roads Transportation Accountability Commission Hampton Roads Transportation Fund Intermediate Lien Bond Anticipation Notes, Series 2019A (Underwriter’s Counsel)
    • $11,660,000 Utah Charter School Finance Authority Charter School Revenue Refunding Bonds (Entheos Academy Project), Series 2020A (Underwriter’s Counsel)
    • $4,390,000 Utah Charter School Finance Authority Charter School Revenue Bonds (Mana Academy Charter School), Series 2020 (Underwriter’s Counsel)
    • $9,120,000 Utah Charter School Finance Authority Charter School Revenue Bonds (Merit Preparatory Academy), Series 2019 (Underwriter’s Counsel)
    • $12,500,000 Utah Charter School Finance Authority Charter School Revenue Bonds (Utah County Academy of Sciences Project), Series 2018 (Underwriter’s Counsel)
    • $12,860,000 Utah Charter School Finance Authority Charter School Revenue Bonds (Wasatch Waldorf Charter School Project), Series 2018 (Underwriter’s Counsel)
    • $11,920,000 Utah Charter School Finance Authority Charter School Revenue Bonds (Scholar Academy Project), Series 2018 (Underwriter’s Counsel)
    • $8,290,000 Utah Charter School Finance Authority Charter School Revenue Bonds (Utah County Academy of Sciences Project), Series 2018 (Underwriter’s Counsel)
    • $209,940,000 ACTS Retirement – Life Communities, Inc. Obligated Group Revenue Bonds (Underwriter’s Counsel)
    • $99,430,000 Developer Authority of the City of Marietta Revenue Bonds (Life University, Inc. Project), Series 2017A and Federally Taxable Series 2017B (Underwriter’s Counsel)$29,215,000 California Municipal Finance Authority Tax-Exempt and Taxable Loans (AVID Center 2017) (Borrower’s Counsel)
    • $18,603,415 Fairfax County Economic Development Authority Tax-Exempt Loan (Madeira School Project), Series 2017 (Purchaser Counsel)
    • $17,560,000 Housing Authority of the City of Canton, Georgia Senior Living Refunding Revenue Bonds (Provident Village at Canton Project), Series 2017A, Taxable Series 2017B, and Subordinate Series 2017C (Bond Counsel)
    • $13,765,000 Woodloch Health Facilities Development Corporation Revenue Bonds (Pinnacle Senior Living Project, Series 2017) (Underwriter’s Counsel)
    • $12,500,000 Mississippi Development Bank Special Obligation Bonds, Series 2017 (Pascagoula, Mississippi General Obligation Bond Project) (Bond Counsel)
    • $8,698,445 Massachusetts Development Finance Agency Revenue Bond, Concord Academy Issue, Series 2017A (Purchaser Counsel)
    • $6,260,000 Public Finance Authority Charter School Revenue Bonds (Early College of Arvada Charter School Project), Series 2017A and Taxable Series 2017B (Purchaser Counsel)
    • $108,255,000 Mississippi Development Bank Special Obligation Bonds (Mississippi Department of Corrections Bond Projects), Series 2016A, 2016B, 2016C, and 2016D (Bond Counsel)
    • $34,562,000 New Hampshire Health and Education Facilities Authority Revenue Bonds Franklin Pierce University Issue, Series 2016 (Purchaser’s Counsel)

Distinctions

  • Super Lawyers®
    • Louisiana Super Lawyers Rising Star, Government Finance, 2019-2024
  • Best Lawyers in America®
    • Public Finance Law, 2024

Bar Admissions

  • North Carolina, 2013
  • Louisiana, 2015

Education

  • University of North Carolina, J.D., 2013
    • North Carolina Law Review, Comments Editor and Staff Member
    • Brooks Award, North Carolina Law Review
    • Davis Society
    • 1L Pro Bono Student of the Year
    • Special Trips Coordinator on the Pro Bono Board
    • Dean’s Fellow
    • Law and Graduate School Honor Court
  • University of North Carolina at Chapel Hill, M.P.A., 2010
    • Rothwell Scholar
  • Louisiana State University, B.A., Mass Communications, cum laude, 2006
    • Graduate, Honors College
    • Minor in Economics
    • Honors College Outstanding Thesis Award
  • Recipient of Frederic L. Ballard, Jr. Memorial Scholarship from National Association of Bond Lawyers, 2014
  • Selected as an Education Changemaker by New Schools for Baton Rouge
  • Clerkship, Honorable Robert N. Hunter Jr., North Carolina Court of Appeals, 2013-2014

Associations

  • National Association of Bond Lawyers
  • Council of Development Finance Agencies Louisiana Financing Roundtable Advisory Committee
  • American Bar Association
  • Louisiana Bar Association
  • North Carolina Bar Association
  • Baton Rouge Bar Association
  • Federalist Society
  • American Public Gas Association

Papers, Presentations & Publications

  • Co-Author, “Special Purpose Public Authorities: Esoteric, Yet Essential, Arms of Government,” Virginia State Bar Local Government Section, Journal of Local Government Law, Vol. XXX, No. 2, Spring 2020.
  • Author, “Positive Liberty in Public Finance: State Oversight of Local-Government Debt and the North Carolina Model,” 37 Campbell L. Rev. 107 (2015).
  • Author, “TIF Districts: A Primer,” North Carolina Bar Association Land Use Law Quarterly Newsletter (2014).
  • Author, “Still as Moonlight: Why Tax Increment Financing Stalled in North Carolina,” 91 N.C.L. Rev. 661 (2013).
  • Co-Author, “An Assessment of PACE Local Government Financing Issues in Three States,” UNC Environmental Finance Center White Paper (2012).
  • Author, “The Trail and the Bench: Elections and Their Effect on Opinion Writing in the North Carolina Court of Appeals,” University of North Carolina-Chapel Hill Master of Public Administration Capstone, Spring 2010.
  • Author, “Life and the Death Penalty: Passing Life Without Parole Legislation in Texas, Future Implications, and an Examination of Texas’ Death Row,” Louisiana State University Honors Thesis, 2006.

Civic Involvement

  • BREC Foundation
    • Board Member and Finance Committee Member
  • Rotary Club of Baton Rouge
    • Member
  • Education's Next Horizon
    • Vice-Chair of Board of Directors
  • Louisiana Hugh O’Brian Youth Leadership
    • Volunteer
  • University of North Carolina Master’s in Public Administration Alumni Board
    • Board Member
  • University of North Carolina School of Law Pro Bono Alumni Board
    • Board Member
  • Teach for America Corps Member, Eastern North Carolina 2006–2008
  • Baton Rouge Youth Coalition
    • College Mentor

Adam C.

Parker

Overview

Adam is a member of the Public Finance, Tax Incentives and Credit Markets Group and has extensive experience in public, private, and public-private finance transactions and economic development matters across sectors and transaction roles.

About

Adam is a member of Butler Snow’s Public Finance, Tax Incentives and Credit Markets Group. He regularly represents governmental entities, nonprofits, private businesses, housing developers, senior living providers, financial institutions, healthcare organizations, educational institutions, governmental entities, and infrastructure providers in the natural gas, water, sewer, and transportation sectors in public, private, and public-private finance transactions and economic development matters.

In addition to assisting clients with specific transactions, Adam assists and advises clients with forming governmental entities, calling and holding elections, monitoring legislative developments, and understanding the tools they can use to build their projects and communities.

Adam was named a Louisiana Super Lawyers® Rising Star in the area of Governmental Finance, is a member of the National Association of Bond Lawyers and was named to the Council of Development Finance Agencies Louisiana Financing Roundtable Advisory Committee.

Adam obtained his J.D. and M.P.A. from the University of North Carolina and his B.A. from Louisiana State University. Adam is admitted to the State Bar of North Carolina and formerly served as a Law Clerk to the Honorable Robert N. Hunter, Jr. at the North Carolina Court of Appeals.

Experience

  • Served in multiple roles on public, private, and public-private finance transactions and economic development matters, including bond counsel, underwriters’ counsel, placement agent counsel, borrower’s counsel on financings for governmental entities, nonprofits, private businesses, housing developers, senior living providers, financial institutions, healthcare organizations, educational institutions, governmental entities, and  infrastructure providers in the natural gas, water, sewer, and transportation sectors using multiple types of financing tools, including installment financings (direct bank placements and public market offerings), general obligation bonds, revenue bonds, bond anticipation notes, special assessment revenue bonds, tax increment bonds, synthetic tax increment financings, USDA financings, and refundings of prior financings.
  • Served as counsel to nonprofit affordable housing entities concerning property tax exemptions and transferring responsibilities to remain in compliance with the Internal Revenue Code.
  • Served as counsel on economic development incentive negotiations relating to a data center project and a high-voltage direct current transmission line and converter station project. 
  • Advised local governments on calling and holding elections, establishing economic development districts, available incentive packages, and the development of local economic development grant programs.
  • Recent representative public finance transactions include:
    • $1,004,660,000 The Black Belt Energy Gas District Gas Project Revenue Bonds (Project No. 7), 2021 Series C (Bond Counsel and Special Counsel)
    • $722,945,000 The Black Belt Energy Gas District Gas Project Revenue Bonds (Project No. 6), 2021 Series B (Bond Counsel and Special Counsel)
    • $50,000,000 Louisiana Citizens Property Insurance Corporation Line of Credit, 2021 (Bond Counsel)
    • $ 45,645,000 Louisiana Local Government Environmental Facilities and Community Development Authority Multifamily Housing Revenue Bonds (Patriot Services Group Louisiana Portfolio Project), Series 2021 (Bond Counsel and Local Borrower Counsel)
    • $11,800,000 Louisiana Housing Corporation Multifamily Housing Governmental Note (Cypress at Gardere Project), Series 2021 (Bond Counsel)
    • $90,000,000 Louisiana Stadium and Exposition District Bond Anticipation Notes, Series 2020 (Underwriter’s Counsel)
    • $23,075,000 Board of Commissioners of the Port of New Orleans Port Facility Revenue Bonds, Series 2020D (Non-AMT) and $51,125,000 Board of Commissioners of the Port of New Orleans Port Facility Revenue Bonds, Series 2020E (AMT) (Underwriter’s Counsel)
    • $95,710,500 Taxable Mortgage Note of the Parish Hospital Service District for the Parish of Orleans – District “A”, 2020 (Bond Counsel)
    • $19,750,000 Louisiana Local Government Environmental Facilities and Community Development Authority Multifamily Housing Revenue Refunding Bonds (The Cove at NOLA Apartments), Series 2020A (Bond Counsel and Local Borrower Counsel)
    • $7,000,000 County of Vance, North Carolina Installment Financing Agreement, Series 2020 (Purchaser’s Counsel)
    • $414,345,000 Hampton Roads Transportation Accountability Commission Hampton Roads Transportation Fund Intermediate Lien Bond Anticipation Notes, Series 2019A (Underwriter’s Counsel)
    • $11,660,000 Utah Charter School Finance Authority Charter School Revenue Refunding Bonds (Entheos Academy Project), Series 2020A (Underwriter’s Counsel)
    • $4,390,000 Utah Charter School Finance Authority Charter School Revenue Bonds (Mana Academy Charter School), Series 2020 (Underwriter’s Counsel)
    • $9,120,000 Utah Charter School Finance Authority Charter School Revenue Bonds (Merit Preparatory Academy), Series 2019 (Underwriter’s Counsel)
    • $12,500,000 Utah Charter School Finance Authority Charter School Revenue Bonds (Utah County Academy of Sciences Project), Series 2018 (Underwriter’s Counsel)
    • $12,860,000 Utah Charter School Finance Authority Charter School Revenue Bonds (Wasatch Waldorf Charter School Project), Series 2018 (Underwriter’s Counsel)
    • $11,920,000 Utah Charter School Finance Authority Charter School Revenue Bonds (Scholar Academy Project), Series 2018 (Underwriter’s Counsel)
    • $8,290,000 Utah Charter School Finance Authority Charter School Revenue Bonds (Utah County Academy of Sciences Project), Series 2018 (Underwriter’s Counsel)
    • $209,940,000 ACTS Retirement – Life Communities, Inc. Obligated Group Revenue Bonds (Underwriter’s Counsel)
    • $99,430,000 Developer Authority of the City of Marietta Revenue Bonds (Life University, Inc. Project), Series 2017A and Federally Taxable Series 2017B (Underwriter’s Counsel)$29,215,000 California Municipal Finance Authority Tax-Exempt and Taxable Loans (AVID Center 2017) (Borrower’s Counsel)
    • $18,603,415 Fairfax County Economic Development Authority Tax-Exempt Loan (Madeira School Project), Series 2017 (Purchaser Counsel)
    • $17,560,000 Housing Authority of the City of Canton, Georgia Senior Living Refunding Revenue Bonds (Provident Village at Canton Project), Series 2017A, Taxable Series 2017B, and Subordinate Series 2017C (Bond Counsel)
    • $13,765,000 Woodloch Health Facilities Development Corporation Revenue Bonds (Pinnacle Senior Living Project, Series 2017) (Underwriter’s Counsel)
    • $12,500,000 Mississippi Development Bank Special Obligation Bonds, Series 2017 (Pascagoula, Mississippi General Obligation Bond Project) (Bond Counsel)
    • $8,698,445 Massachusetts Development Finance Agency Revenue Bond, Concord Academy Issue, Series 2017A (Purchaser Counsel)
    • $6,260,000 Public Finance Authority Charter School Revenue Bonds (Early College of Arvada Charter School Project), Series 2017A and Taxable Series 2017B (Purchaser Counsel)
    • $108,255,000 Mississippi Development Bank Special Obligation Bonds (Mississippi Department of Corrections Bond Projects), Series 2016A, 2016B, 2016C, and 2016D (Bond Counsel)
    • $34,562,000 New Hampshire Health and Education Facilities Authority Revenue Bonds Franklin Pierce University Issue, Series 2016 (Purchaser’s Counsel)

Distinctions

  • Super Lawyers®
    • Louisiana Super Lawyers Rising Star, Government Finance, 2019-2024
  • Best Lawyers in America®
    • Public Finance Law, 2024

Bar Admissions

  • North Carolina, 2013
  • Louisiana, 2015

Education

  • University of North Carolina, J.D., 2013
    • North Carolina Law Review, Comments Editor and Staff Member
    • Brooks Award, North Carolina Law Review
    • Davis Society
    • 1L Pro Bono Student of the Year
    • Special Trips Coordinator on the Pro Bono Board
    • Dean’s Fellow
    • Law and Graduate School Honor Court
  • University of North Carolina at Chapel Hill, M.P.A., 2010
    • Rothwell Scholar
  • Louisiana State University, B.A., Mass Communications, cum laude, 2006
    • Graduate, Honors College
    • Minor in Economics
    • Honors College Outstanding Thesis Award
  • Recipient of Frederic L. Ballard, Jr. Memorial Scholarship from National Association of Bond Lawyers, 2014
  • Selected as an Education Changemaker by New Schools for Baton Rouge
  • Clerkship, Honorable Robert N. Hunter Jr., North Carolina Court of Appeals, 2013-2014

Associations

  • National Association of Bond Lawyers
  • Council of Development Finance Agencies Louisiana Financing Roundtable Advisory Committee
  • American Bar Association
  • Louisiana Bar Association
  • North Carolina Bar Association
  • Baton Rouge Bar Association
  • Federalist Society
  • American Public Gas Association

Papers, Presentations & Publications

  • Co-Author, “Special Purpose Public Authorities: Esoteric, Yet Essential, Arms of Government,” Virginia State Bar Local Government Section, Journal of Local Government Law, Vol. XXX, No. 2, Spring 2020.
  • Author, “Positive Liberty in Public Finance: State Oversight of Local-Government Debt and the North Carolina Model,” 37 Campbell L. Rev. 107 (2015).
  • Author, “TIF Districts: A Primer,” North Carolina Bar Association Land Use Law Quarterly Newsletter (2014).
  • Author, “Still as Moonlight: Why Tax Increment Financing Stalled in North Carolina,” 91 N.C.L. Rev. 661 (2013).
  • Co-Author, “An Assessment of PACE Local Government Financing Issues in Three States,” UNC Environmental Finance Center White Paper (2012).
  • Author, “The Trail and the Bench: Elections and Their Effect on Opinion Writing in the North Carolina Court of Appeals,” University of North Carolina-Chapel Hill Master of Public Administration Capstone, Spring 2010.
  • Author, “Life and the Death Penalty: Passing Life Without Parole Legislation in Texas, Future Implications, and an Examination of Texas’ Death Row,” Louisiana State University Honors Thesis, 2006.

Civic Involvement

  • BREC Foundation
    • Board Member and Finance Committee Member
  • Rotary Club of Baton Rouge
    • Member
  • Education's Next Horizon
    • Vice-Chair of Board of Directors
  • Louisiana Hugh O’Brian Youth Leadership
    • Volunteer
  • University of North Carolina Master’s in Public Administration Alumni Board
    • Board Member
  • University of North Carolina School of Law Pro Bono Alumni Board
    • Board Member
  • Teach for America Corps Member, Eastern North Carolina 2006–2008
  • Baton Rouge Youth Coalition
    • College Mentor