Harriet Welch focuses her practice on public finance, project finance, securities and municipal bond issues. She has more than 20 years of public finance experience in California and more than 30 years of public finance experience overall.

Harriet represents California bond issuers, investment bankers, letter of credit banks and borrowers on tax exempt financings. She has served as bond counsel for the County of Los Angeles on a variety of financings, the Redevelopment Agency of the City of Los Angeles, the State Public Works Board, the California Educational Facilities Authority, the California Health Facilities Financing Authority, California Municipal Finance Authority and the City of Los Angeles.

Harriet’s practice has focused extensively in recent years on bond counsel engagements for colleges, universities, private schools and other nonprofit organizations. She has written articles, including “Everything You Wanted to Forget About Tax Exempt Financing,” for the Western Association of College and University Business Officers and other industry groups, and been a speaker at industry conferences. Since 1997, she has served as bond counsel on financings for more than 30 California colleges and universities. She has been active in developing tax exempt financing for religiously affiliated schools in California.

Harriet has also served as disclosure counsel to the State Public Works Board and the City of San Diego. She has extensive experience on lease revenue financings and certificates of participation, limited obligation bonds and TRANS. She has served as bond counsel on California land-based financing as well as counsel to bondholders in connection with work-outs of these financings.

During the past six years, Harriet has served and is serving in California as bond counsel on 66 financings; disclosure and underwriter’s counsel on 42 financings; borrower’s counsel on 27 financings; and issuer counsel on more than 75 financings. These financings aggregate more than $23.3 billion.

Harriet also has experience representing clients in financing matters for transactions in Bulgaria, Palestine and Israel. In particular, she has provided advice in the structuring of the securitization of real property installment contracts in international jurisdictions; debt structuring for the Higher Commission of Investment and Finance of the Palestinian National Authority; proposed refinancing of electric generating facilities for the municipality of Nablus; and the proposed construction of local municipal shopping centers in the cities of Nablus, Ramallah and Jenin.

Harriet is a frequent speaker on tax exempt financings. She spoke at the 2010 California Public Finance Conference and the 2010 National Association of Bond Lawyers’ Bond Attorneys (NABL) Workshop on “Educational Facilities, Cultural Facilities and Other Non-Healthcare 501c-3 Financings.”

She has been selected as a Southern California Super Lawyer in a survey of her peers distributed by Thomson Reuters each year since 2007. She also appears in The Best Lawyers in America.

In 2007 Harriet was named a fellow of the American College of Bond Counsel. She is past president of the California Association of Bond Lawyers and a former board member of the Women Lawyers Association of Los Angeles. She is a member of NABL and the executive committee of the Board of Directors of the Los Angeles County Economic Development Corporation (LAEDC). She is also on the Development Committee of the Catholic Education Foundation.

Reprezentatívne skúsenosti

• Serving as bond counsel for $70,503,000 California Educational Facilities Authority Revenue Bonds (University of La Verne), Series 2010.
• Serving as bond counsel for $25.5 million California Municipal Finance Authority Tax Exempt Revenue Bonds (Mater Dei High School Project), Series 2010A, 2010B, 2010C and 2010D.
• Serving as bond counsel for $1.5 billion County of Los Angeles 2010 Tax and Revenue Anticipation Notes, Series A & B.
• Serving as bond counsel for $137,650,000 California Municipal Finance Authority Solid Waste Revenue Bonds (Republic Services, Inc. Project), Series 2010.