NCPPP MEMBER SPOTLIGHT
Butler Snow LLP, Donald Clark, Jr., Chairman
Headquartered in Jackson, Mississippi, with offices throughout the United States and in London, Hong Kong and Singapore.
Describe your company’s work in P3s:
Our attorneys have assisted clients with the development and financing of P3-type projects in a variety of sectors, including transportation, energy, water/wastewater, healthcare, education, housing, manufacturing, stadiums and hospitality, and utilizing a variety of incentives, including tax-exempt bonds, tax increment financing bonds, New Markets Tax Credits and other federal and state tax credits and tax abatement and PILOT agreements.
Why did your firm join NCPPP?
To keep up with the latest developments in the P3 industry and to interact with other P3 professionals.
What is the most interesting P3 project your firm completed or in some way participated in during the last year?
We served as tax credit counsel to the developer in connection with the redevelopment of the Sears Crosstown Building in Memphis into a 1.1-million-square-foot vertical urban village dedicated to the cultivation of health, education and the arts with restaurants, retail spaces, office and commercial spaces, a public charter school and mixed-income apartments. We also assisted with the structuring of certain other of the more than twenty funding sources for the project, including qualified energy conservation bonds issued by the city.
What is the most interesting P3 project your firm will be working on in the future?
We are working with a municipality that desires to finance broadband infrastructure and contract with a private partner to design, build, operate and maintain the asset.
This is an excerpt from an article published by The National Council for Public-Private Partnerships. To read the original article in its entirety please visit the link below: