As a result of his experience with virtually all types of governmental entities and diverse finance structures, Barron Wallace’s public finance practice is both unique and broad. His clients benefit from his knowledge of traditional and highly structured project finance conduit transactions involving state agencies, cities, school districts, airports, higher education, housing, industrial development, private and primary secondary schools, cultural arts organizations, regional mobility authorities, special districts and not-for-profit organizations. His multifaceted practice spans traditional municipal finance, tax increment finance, urban redevelopment, as well as general public law.
Barron’s leadership, insight and in-depth understanding is beneficial in providing bond, disclosure and tax counsel to issuers, underwriters, trustees, third-party credit providers, and borrowers. He serves as bond and disclosure counsel for cities, counties, state agencies, and special districts, including local government corporations. In addition, Barron represents national and regional investment banking firms as underwriter’s counsel and also advises conduit bond issuers, tax increment reinvestment zones, local government corporations and certain special districts as general counsel or special counsel. As a by-product of his many years of experience and innovations in public finance, he also focuses on urban infrastructure and transportation development and public/private partnerships.
Civic leadership and support of his community play an important role in Barron’s career and personal objectives. He serves on the board of directors of the Museum of Fine Arts-Houston, Houston Parks Board, Connect Houston, St. John’s School, Discovery Green-Downtown Park Corporation and the NFL/NFLPA Research and Education Foundation.
Recent Notable Matters
Texas Public Finance Authority — bond counsel to issuer in connection with $767.67 million of Revenue Commercial Paper Notes (Texas Facilities Commission Projects) Series 2016A (Taxable) and Series 2016B (Tax-Exempt)
City of Houston, Texas — bond counsel to issuer in connection with $636.71 million of Airport System Special Facilities Taxable Revenue Refunding Bonds (Consolidated Rental Car Facility Project), Series 2014, Airport System Special Facilities Revenue Refunding Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2014 (AMT), 2015B-1, 2015B-2 and 2015C
Midtown Redevelopment Authority — bond counsel to issuer in connection with $53.21 million Tax Increment Contract Revenue and Refunding Bonds, Series 2017 and 2015
Houston Independent School District — disclosure counsel to issuer in connection with $757.195 million of Limited Tax Schoolhouse and Refunding Bonds, Series 2016A
Texas Water Development Board — bond counsel to issuer in connection with $149.54 million of General Obligation Bonds State of Texas Water Financial Assistance and Refunding Bonds, Subseries 2016B-1, 2016B-2 (Variable Rate), 2016B-3 (Taxable), 2016C-1 (Economically Distressed Areas Program), 2016C-2 (Economically Distressed Areas Program) (Taxable) and 2016D (State Participation Program)
City of Houston Public Airport System — bond counsel to issuer in connection with $450 million in Inferior Lien Appropriation Facility Revenue Bonds, Series 2015
Harris County Sports Authority — disclosure counsel to issuer in connection $627.68 million of Senior Lien Revenue Refunding Bonds, Series 2014A and 2014C, and Taxable Revenue Refunding Bonds (NRG Stadium Project), Series 2014 and 2014B
Aldine Independent School District — bond counsel to issuer in connection with $266.84 million of Unlimited Tax School Building and Refunding Bonds, Series 2016
Port of Houston — bond counsel to issuer in connection with $115.97 million of Unlimited Tax Refunding Bonds, Series 2015A, 2015B (AMT) and 2015C (Taxable)
Texas Public Finance Authority — bond counsel to issuer in connection with $709.785 million of Unemployment Compensation Obligation Assessment Revenue Bonds, Series 2014A and 2014B
Spring Independent School District — bond counsel to issuer in connection with $136.87 million of Unlimited Tax Refunding Bonds, Series 2015
Hidalgo County Regional Mobility Authority — bond counsel to issuer in connection with $20 million of Junior Lien Revenue Bond, Taxable Series 2016A (365 Tollway Project)
Publications and Speeches
"Representing the Infrequent Issuer," National Association of Bond Lawyers Tax and Securities Law Institute, March 2017.
Underwriters Counsel Roundtable, Chicago, IL, 2013 - 2015.