Carey Troell

Carey Troell has an extensive background in structuring all types of financing transactions and representing the full spectrum of issuers in Texas, including state and local governmental entities, nonprofits and for-profit entities, and other public and quasi-public institutions. He primarily serves as bond counsel for state and local governmental entities, including counties, school districts, cities, electric and water utility systems, regional mobility authorities, housing finance corporations, housing authorities, tollway authorities, public and private colleges and universities, community college districts, hospital districts, water districts, water authorities, municipal utility districts, state agencies, nonprofit corporations acting on behalf of a city, county or school district and other specially created district and authorities. In addition to serving as bond counsel to state and local governmental entities, Carey serves as underwriter’s counsel, trustee’s counsel and bank counsel to financial institutions, and disclosure counsel, issuer’s counsel and general counsel to local government entities and nonprofit corporations in public finance transactions.

Carey has experience as bond counsel in structuring all types of financing transactions, including the issuance of:

• General obligation bonds
• Refunding bonds
• Certificates of obligation
• Tax anticipation notes
• Contractual obligations
• Maintenance tax notes
• Personal property finance contractual obligations
• Lease revenue bonds
• Time warrants
• Utility system revenue bonds
• Sales tax revenue bonds
• Toll road revenue bonds
• Vehicle registration revenue bonds
• Venue tax revenue bonds
• Contract revenue bonds
• Housing revenue bonds

In his representation of his clients, Carey provides legal representation in laws related to the public finance practice, including Texas election laws, open meeting laws, and general political subdivision governance and federal income tax and federal securities laws. Carey’s approach to working with his clients includes understanding the financing objectives and organizational structure of his clients and maintaining communication with the administrative staff of his clients throughout the process of issuing debt obligations to ensure his legal representation is aligned with the goals of the client.

Prior to entering private practice, Carey served as an assistant attorney general for the Public Finance Division of the Office of the Attorney General for the State of Texas.

• Bexar County, Texas — Bond counsel to issuer in connection with $384.715 million Limited Tax Refunding Bonds, Series 2017 and $28.140 million Flood Control Tax Refunding Bonds, Series 2017
• Bexar County, Texas — Bond counsel to the issuer in collection with of $205.285 million of Combination Tax and Revenue Certificates of Obligation, Series 2016, Series 2016A and Series 2016B; $248.415 million of Limited Tax Refunding Bonds, Series 2016; and $101.74 million of Flood Control Tax Refunding Bonds, Series 2016
• City of San Antonio, Texas — Bond counsel to issuer in connection with $26.889 million of Master Equipment Lease/Purchase; 2016 Public Property Finance Contract
• City of Pleasanton, Texas — Bond counsel to issuer in connection with $3.495 million of Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2016
• Somerset Independent School District — Bond counsel to issuer in connection with 7.315 million Unlimited Tax Refunding Bonds, Series 2016
• Southside Independent School District — Bond counsel to issuer in connection with $5.385 million Unlimited Tax Refunding Bonds, Series 2016A
• Pleasanton Independent School District — Bond counsel to issuer in connection with $13.285 million of Unlimited Tax Refunding Bonds, Series 2016A and Series 2016B
• McMullen County Independent School District — Bond counsel to the issuer in connection with $6.207 million of Unlimited Tax School Building Bonds, Series 2016
• La Pryor Independent School District — Bond counsel to issuer in connection with $2.013 million Unlimited Tax Refunding Bonds, Series 2016
• Harlingen Waterworks and Sewer System — Bond counsel to issuer in connection with $12 million Waterworks and Sewer System Revenue Bonds, Series 2015A; and $6.475 million Waterworks and Sewer System Revenue Refunding Bonds, Series 2015B
• Alamo Regional Mobility Authority — Bond counsel to issuer in connection with $62.1 million of Senior Lien Vehicle Registration Fee Revenue Bonds, Series 2016 and $52.3 million of Junior Lien Vehicle Registration Fee Revenue Bonds, Series 2016
• Hidalgo County Regional Mobility Authority — Bond counsel to the issuer in connection with $20 million Junior Lien Revenue Bond, Taxable Series 2016A (365 Tollway Project)
• Port Arthur Independent School District — Disclosure counsel to issuer in connection with $41.46 million Unlimited Tax School Building Bonds, Series 2016A; and $136.24 million of Unlimited Tax Refunding Bonds, Series 2016B, Series 2016C, Series 2016D, and Series 2016E

Credentials:

• J.D., South Texas College of Law Houston
• B.B.A., The University of Texas at Austin