E33- Interview with Randy Rollo on the First Ever – MUD Forward Funding CAB (1 of 2)
In this episode, Carter talks with Randy Rollo, President of Randolph Texas Development, related to his tax exempt $36.5MM – Municipal Utility District ("MUD") Forward Funding Capital Appreciation Bond on this Lariat project located in Liberty Hill, Texas. Randy's transaction represents the first of its kind tax-exempt, non-recourse bond issuance which essentially "forward funded" future MUD bonds thereby accelerating cash into the project proforma.
In this podcast you'll learn:
How and why the MUD Forward Funding CAB was created;
What is the MUD Forward Funding CAB;
The advantages of the MUD…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.