Rudy Salo serves as counsel on a broad range of community impact financings involving governmental entities, transportation systems, educational institutions, cultural institutions, and entertainment venues. His practice includes advising lenders in structuring various lending facilities throughout California and the United States, often involving real estate or other collateral. He also has experience in advising new mobility companies.
I have significant experience in representing commercial banks in providing loans to governments and nonprofits, as well as credit and liquidity facilities in support of tax-exempt and taxable municipal securities. I also advise on the various issues that arise in connection with transactions that use real estate as collateral. I have represented numerous banks throughout the country in such transactions, including in California, Nevada, New York, Massachusetts, Washington, Arizona, and Oregon.
Much of my work involves financings related to transportation, including significant funding transportation projects with a variety of funding sources. These projects include serving as bond and disclosure counsel to Caltrain in connection with its electrification process, underwriter’s counsel on numerous Bay Area Toll Authority toll road financings; and disclosure counsel to the State of Nevada in connection with its highway revenue bonds. My representations include the San Mateo County Express Lanes Joint Powers Authority in connection with the financing of the Highway 101 Express Lanes Project; banks in providing credit facilities and loans to various transit agencies, including the Riverside County Transportation Commission, San Diego Regional Transportation Commission, Victor Valley Transit Authority, and San Luis Obispo Regional Transit Authority; the USDOT as a lender in the financing of the extension of the 91 Express Lanes into Riverside County, California; the Dallas Area Rapid Transit’s Orange Line extension to Dallas-Fort Worth Airport; financial restructuring of the South Bay Expressway (State Road 125) toll road in Southern California upon its emergence from bankruptcy; and the sale and financing of State Road 125 to the San Diego Association of Governments.
I have significant experience in both short- and long-term financings for school districts, community college districts, charter schools, private schools, and universities throughout the country. These financings include serving as bond counsel, underwriter’s counsel, disclosure counsel, and lender’s counsel in the issuance of general obligation and revenue bonds, as well as direct placements/loans.
I see changes needed in how to finance transportation projects throughout the country, including the infrastructure to accommodate driverless car technology and the expansion of broadband infrastructure/deployment.
Los Angeles Project Finance & Public Finance partner Rudy Salo contributed this article discussing what cities and regions can do to alter their public transportation and transit systems to adapt to the post-pandemic world.
This article recapping an event held by the Arab American Lawyers Association of Southern California last week quotes the organization’s incoming president, Los Angeles Project Finance & Public Finance partner Rudy Salo, on raising the profile of Arab Americans in the region and the need for US Census forms and other federal documents to include a Middle Eastern and North African category.
Los Angeles Project Finance & Public Finance partner Rudy Salo is quoted in this article, which discusses how two new vehicle emission standards proposed by the Environmental Protection Agency this week could accelerate the widespread adoption of electric vehicles in the US. Rudy explains why the US is not ready to take advantage of funding in the Bipartisan Infrastructure Law for the rollout of more EV charging stations to meet demand.
Los Angeles Project Finance & Public Finance partner Rudy Salo contributed this article discussing a recent rise in catalytic converter thefts, what car owners can do to protect their converters, and why this could lead to an increase in electric vehicle sales.
Los Angeles Project Finance & Public Finance partner Rudy Salo joins this episode of the podcast to discuss funding and logistical challenges California and the rest of the country face with plans for high-speed rail and electrical vehicle charging networks while incorporating more traditional mass transit.
Click here to listen to this episode.
Georgetown University Law Center, J.D.
University of California, Los Angeles, B.A., magna cum laude
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