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Musick Peeler MEDIA CENTER INNOVATIVE EXPERIENCED ACCESSIBLE
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NEWS

Alan Zuckerman, James Chow and John Browning Represent California Regional Centers in Bond Issuance

03.02.2011

Alan Zuckerman of the firm’s San Diego office, with the assistance of John Browning and James Chow in Los Angeles and Helene Paine in San Diego, represented three California Regional Centers in connection with the issuance of $76,970,000 in Taxable and Tax-Exempt Insured Revenue Bonds. The Bonds refinanced loans for 60 health care facilities in the San Francisco Bay Area. The project, commonly known as the Community Program for Persons with Developmental Disabilities, is designed to provide permanent housing in local communities for individuals with autism, mental retardation, cerebral palsy, epilepsy and other developmental disabilities. The bonds were issued by the California Health Facilities Financing Authority, insured by the Office of Statewide Health Planning and Development of the State of California (Cal-Mortgage Division), and underwritten by BofA Merrill Lynch. The transaction closed on February 17, 2011.

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