Earle R. Taylor III
Earle R. Taylor III is head of MLA’s Public Finance practice. For more than 30 years, Mr. Taylor has participated in public finance transactions in more than 15 states and territories as well as for Indian tribes financing, among other things, airports, water, sewer, gas, and electric utilities, solid waste facilities, public and private primary and secondary educational facilities, higher educational and research facilities, health care facilities, elderly housing, multifamily housing, single family housing, hotels, conference centers, convention facilities, public buildings and infrastructure, park and recreational facilities, economic development projects, and downtown redevelopment projects.
Mr. Taylor has served on the State of Georgia Bond Allocation Technical Advisory Committee and has served as an expert witness for the Securities and Exchange Commission in a landmark civil enforcement proceeding involving municipal securities and as a consulting expert to the Securities and Exchange Commission for civil enforcement proceedings involving municipal securities. He serves on the Advisory Board and as an instructor for the Center for State and Local Finance of The Andrew Young School of Policy Studies of Georgia State University. He frequently drafts and consults on public finance-related legislation proposed by the Georgia General Assembly. Examples of legislation that he had significant involvement with include the statute authorizing the use of derivative contracts by the State of Georgia and its local governmental units, the statute authorizing the use of commercial paper by the State of Georgia and its local governmental units, the constitutional amendment reauthorizing community redevelopment and authorizing the use of educational taxes to secure tax allocation bonds of local governmental units, the Georgia Higher Education Facilities Authority Act, and amendments to the Development Authorities Law.
Mr. Taylor has served as a panelist or speaker on public finance issues at events sponsored by the National Association of Bond Lawyers, The Bond Buyer, the Georgia Government Finance Officers Association, the Georgia Institute of Continuing Legal Education, the Georgia Economic Developers Association, the University System of Georgia Lawyers Group, the Society for College and University Planning, the International Municipal Lawyers Association, the Health Care Financial Managers Association, the Georgia Department of Community Affairs, and the Georgia Association of School Business Officials. He co-chaired in 2014 The Seminar Group's Public/Private Finance and Development seminar.
Mr. Taylor is a Fellow of the American College of Bond Counsel and is recognized in The Best Lawyers in America® for Public Finance Law and Securitization and Structured Finance Law, as one of Georgia Trend’s Legal Elite for Public Finance, and as a Georgia Super Lawyer by Atlanta magazine for Government Finance. He was recognized by The Best Lawyers in America® as the 2015 Lawyer of the Year for Public Finance Law in Georgia. He is AV® Rated by Martindale-Hubbell®.
In law school, Mr. Taylor was awarded the American Jurisprudence Award in Estate Planning. In undergraduate school, he was awarded the James A. Turner Award in Federal Taxation, a South Carolina CPA Society Scholarship, and the College of Commerce and Industry Blazer Award. He also was a member of Phi Kappa Phi, Beta Gamma Sigma, and Omicron Delta Epsilon.
Mr. Taylor passed the Uniform Certified Public Accountant examination in May 1981.
- Bond Counsel for the City of Atlanta’s $1.1 billion water and wastewater bond issue in 1999, in which a groundbreaking Master Bond Ordinance was developed, and for the subsequent issuance of approximately $3.1 billion of revenue bonds under that ordinance for Atlanta’s water and sewer system.
- Underwriter’s Counsel for an $800 million installment purchase revenue bond issue in 2002 for the benefit of the Greenville County School District, South Carolina and for approximately $2.3 billion of similar installment purchase revenue bond issues for the benefit of school districts in South Carolina through 2006.
- Underwriter’s Counsel or Disclosure Counsel for approximately $3.0 billion of “Garvee” bonds issued by the State Road and Tollway Authority for the benefit of the State of Georgia Department of Transportation.
- Disclosure Counsel to the State of Georgia for its General Obligation Bonds.
- Bond Counsel for Hartsfield-Jackson Atlanta International Airport’s Consolidated Rental Car Facility and Automated People Mover System Maintenance Facility.
- Special Counsel to the Georgia Municipal Association for its Georgia Local Government Grantor Trust, securitizing separate equipment leases for 30 separate local governmental units, and for 30 separate interest rate swap agreements to hedge interest rate risk on the equipment leases.
- Bond Counsel to the Georgia Environmental Finance Authority and designing loan documents for its several pooled loan programs for local governments, including an innovative financing program to securitize those local government loans.
- Disclosure Counsel to the Georgia Higher Education Facilities Authority for its pooled bond program to benefit units of the University System of Georgia.
- Counsel to an international heavy equipment manufacturer to design and draft equipment leases for use with local governments in all 50 states.
- Bond Counsel for numerous economic development or downtown redevelopment projects involving innovative financing structures, including public-private partnerships, revenue bonds secured by payments in lieu of ad valorem property taxes, in order to replicate tax increment financing, and the use of intergovernmental contracts to secure revenue bonds issued by Urban Redevelopment Agencies, in order to finance governmental facilities.
- Special Counsel to the City of Atlanta in the design and financing of its Housing Opportunity program.
- Special Counsel to the City of Forest Park, Georgia, the Urban Redevelopment Agency of the City of Forest Park, and the Development Authority of the City of Forest Park, Georgia in financing the acquisition of a closed military installation, known as Fort Gillem, from the United States Army for redevelopment as a logistics center.
- Special Counsel to the Board of Regents of the University System of Georgia for the design of its program to privatize student housing.
- Counsel to ACS Infrastructure Development in negotiating design, build, finance, operate, and maintain concession contract with the State of Georgia Department of Transportation for tolled managed express lanes.
- Counsel to Downtown Marietta Development Authority and College Park Business and Industrial Development Authority in negotiating design, build, finance, operate, and maintain concession contracts for a conference center and hotel and for convention center hotels.
- Special Counsel to State of Georgia agencies and authorities for installment purchase financing of energy savings property.
- J.D., Vanderbilt University Law School, 1984
- B.S., Clemson University, summa cum laude, 1980
- Georgia Superior Court
- Supreme Court of Georgia