Assisted a developer with the negotiation of a development agreement with the City of Dublin for the mixed-use redevelopment project known as Bridge Park. The work included the creation of a new community authority and the implementation of multiple tax increment financing (TIF) arrangements to provide a portion of the revenue stream necessary to secure bonds issued in multiple series to fund core infrastructure improvements, including structured parking and an events center. Also served as bond counsel for multiple series of bonds issued by the Columbus-Franklin County Finance Authority.
Price D. Finley
Price Finley is co-chair of Bricker & Eckler's Public Finance group. Price has more than 25 years of experience in all areas of public finance, including local government, economic development finance, port authority financings, and other structured and project financings. He has substantial experience in the use of various economic development tools, including frequent use of tax increment finance (TIF). Price has also created and served as counsel for Ohio’s new community authority financings (also known as community development authorities or CDA). In addition, Price’s practice includes representation of developers and local communities in tax incentive arrangements, including community reinvestment areas (CRA), enterprise zones (EZ), and job creation tax credits (JCTC). Price has also created joint economic development districts and zones (JEDD and JEDZ), special improvement districts (SIDs), and he has represented port authorities across Ohio. He has also assisted with the drafting of development agreements for economic development projects.
- District Rotary Foundation Chair, District 6690, 2016-2017
- Member, Council of Development Finance Agencies (Board of Directors and Executive Committee)
- Chair, CDFA Ohio Financing Roundtable
- Member, National Association of Bond Lawyers
- Member, Ohio Economic Development Association
- Member, The Rotary Club of Upper Arlington (past president)
- President, The Rotary Club of Upper Arlington, 2013-14
- Author, "TIDs Serve as Powerful and Flexible Vehicle for Transportation Infrastructure Improvement in Ohio," Ohio Municipal Service, January/February 2009
- Author, "Improving Communities with Community Improvement Corporations," Ohio Municipal Service, May/June 2006
- Author, "Cooperative Economic Development Made Easy with JEDDs and CEDAs,"Ohio Municipal Service, July/August 2004
- Author, "New Community Districts Provide Opportunities to Finance Infrastructure Improvements," Ohio Municipal Service, January/February 2004
- Author, "Fiduciary Duties of Public Board Members," Ohio Municipal Service, September/October 2003
- Author, "Don't Let Your 'TIF' Cause a 'TIFF,'" Ohio Municipal Service, July/August 2003
- Author, "Lease-Purchase Arrangements Provide Creative Options for Capital Asset Financing," Ohio Municipal Service, January/February 2003
- Listed, Best Lawyers in America (Public Finance Law), 2016-2017
- Ranked as BV Distinguished by Martindale-Hubbell
- The Ohio State University (J.D., 1990)
- The Ohio State University (M.B.A., 1989, emphasis in Finance)
- Capital University (B.A., magna cum laude, 1986)
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Served as special counsel to Orange Village for the implementation of a tax increment financing (TIF) program to facilitate a mixed-use development, including an approximately 1,000-space parking garage.
Served as counsel to the Belmont County Port Authority in connection with a lease-purchase financing for a senior living facility located in St. Clairsville, Ohio.
Served as counsel to numerous local government entities across Ohio in negotiation of tax increment financing (TIF) arrangements for commercial developments of all types and sizes.
Assisted IRG Rubber City, LLC in negotiating a TIF structure with the City of Akron. Then implemented bond financing through Summit County’s Development Finance Authority Jobs & Investment Fund, leveraging the TIF to fund partial redevelopment costs of 1.7 million square feet of historic space into multiple uses.
Served as bond counsel to a city on revenue bonds supported primarily by TIF revenues.
Facilitated economic incentives and new construction financings for commercial projects through several of Ohio’s port authorities, including exemptions from sales taxes for portions of the construction.
Served as counsel to a real estate developer for redevelopment of industrial property in Grandview Heights. Devised a unique public finance approach to funding $120 million infrastructure needs with scarce public resources and negotiated with Grandview Heights to utilize Ohio's TIF and community reinvestment area laws to implement an alternative tax structure for Grandview Yard.