People

Price D. Finley

Price Finley is in his 30th year practicing law at Bricker & Eckler, all of those focused on public finance. Price has 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. 

Experience

  • Economic development counsel for large scale mixed-use development

    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.

  • TIF counsel for Northeast Ohio redevelopment

    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.

  • Port counsel for tax-advantaged lease-purchase financing of a senior living facility

    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.

  • TIF negotiation and documentation

    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.

  • Redevelopment financing for Goodyear Hall in Akron

    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.

  • Bond counsel on non-tax revenue bonds

    Served as bond counsel to a city on revenue bonds supported primarily by TIF revenues.

  • Economic incentives for commercial projects

    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.

  • Grandview Yard redevelopment

    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.

Professional & Community Activities

  • 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
  • District Governor Nominee Designate, Rotary District 6690 (District Governor 2022-23)
  • Member, The Rotary Club of Upper Arlington (Club President 2013-14)
  • Chair, District Rotary Foundation Committee, District 6690, 2016-present
  • Member, First Community Church
  • Member, Steering Committee, The Burkhart Center (Chair 2016-present)
  • Volunteer, New Life Community Outreach

Presentations & Published Works

  • Speaker, "TIF and the Project's Capital Stack," CDFA Advanced Tax Increment Finance Course (Tampa, FL), November 2019
  • Speaker, "Capital Planning: A Story of Debt, Uncertainties and the Importance of Fiscal Policies," Ohio GFOA 2019 Conference (Columbus, OH), September 2019
  • Speaker, "Targeted Tools," CDFA Fundamentals of Economic Development Finance Course (Detroit, MI), August 2019
  • Speaker, "Tax Increment Financing in Ohio," OEDI Economic Development Finance and Incentives (Dublin, OH), June 2019
  • Speaker, "TIF Financing Variations," CDFA Intro Tax Increment Finance Webcourse, March 2019
  • Speaker, "Targeted Tools," CDFA Fundamentals of Economic Development Finance Course (Pittsburgh, PA), August 2018
  • Speaker, “The Role of Bond Counsel,” Ohio GFOA 2018 Debt Seminar (Dublin, OH), July 2018
  • Speaker, "Tax Increment Financing," Ohio Economic Development Institute Finance and Incentives Course (Dublin, OH), July 2018
  • Speaker, "Is Your Economic Development Toolkit Current and Competitive?," The Columbus Region Economic Development 411 (Columbus, OH), December 2017
  • Presenter, “TIF and Capital Markets,” CDFA National Development Finance Summit (Atlanta, GA), November 2017
  • Speaker, "Economic Development," Ohio Municipal Attorneys Association Municipal Law Institute (Columbus, OH), September 2016
  • Speaker, "Fundamentals of Debt," Ohio GFOA Annual Conference (Cincinnati, OH), September 2015

Awards & Recognition

  • Listed, Best Lawyers in America (Public Finance Law), 2016–2021
  • Upper Arlington Rotary, Service Above Self, Award, 2016–2017
  • The Rotary Foundation Citation for Meritorious Service, 2016–2017
  • CDFA Ohio Financing Roundtable Excellence Award: Leadership, 2014
  • Ranked as BV Distinguished by Martindale-Hubbell

Education

  • 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)