Initiative 1935: Sweeping Measure to Limit Ability of State and Local Governments in California to Raise Revenues
10 minute read | February.29.2024
Stephen Spitz
Partner
San Francisco
Stephen Spitz, a partner in the San Francisco office, is a member of the firm’s Public Finance Department. He serves as leader of the Department’s Water and Wastewater Financing Team.
Steve serves as bond counsel, disclosure counsel and underwriters’ counsel in a variety of municipal enterprise revenue bond issuances, including financing for water, wastewater, solid waste and airport facilities. His practice is, in addition, focused on single family and multifamily affordable housing financings. Steve also has extensive experience in higher education financings, interest rate swaps and swap based products in the municipal market. He often assumes a leading role in bond and disclosure work for new and complex clients.
-
Steve's representative transactions include the following:
- Bay Area Water Supply and Conservation Agency Revenue Bonds (Capital Cost Recovery Prepayment Program) Series 2013A and Series 2013B (Taxable) – Bond and Disclosure Counsel
- San Diego County Water Authority Extendable Commercial Paper Notes, Series 1 – Bond and Disclosure Counsel
- La Habra Public Utilities Authority Water Revenue Bonds, Series 2013A – Bond and Disclosure Counsel
- East Bay Municipal Utility District Water System Revenue Bonds, Series 2017A and Series 2017B – Underwriters’ Counsel and Special Tax Counsel
- California Educational Facilities Authority Revenue Bonds (Stanford University) Series U-7 – Bond Counsel
- San Francisco Public Utilities Commission Wastewater Revenue Bonds, 2018 Series A (Green Bonds), 2018 Series B and 2018 Series C – Disclosure Counsel
- Housing Authority of the County of Santa Clara Multifamily Housing Revenue Bonds (HACSC Portfolio) Series 2010A-1 and Subordinate Series 2010A-2 – Bond Counsel
- Montana Board of Housing Single Family Mortgage Bonds, 2018 Series A – Underwriters’ Counsel
