Bond Counsel:

• Bond Counsel to City of Augusta, Maine – Preti Flaherty acts as bond counsel to the City of Augusta, Maine and has advised the City on the issuance of $31,480,000 in general obligation bonds since 2020. These funds have been used to construct a state-of-the-art police station, which replaced a facility originally constructed in the 1950s, and to fund essential public infrastructure projects throughout the City.
• Bond Counsel to City of Belfast, Maine – Since 2020, Preti Flaherty has acted as bond counsel to the City of Belfast, Maine and has advised the City on the issuance of $9,655,000 in bonds and notes to fund improvements to the City’s sewer infrastructure necessary to reduce the frequency of combined system overflows due to increased heavy rain events.
• Bond Counsel to the City of Eastport, Maine – Preti Flaherty has long served as bond counsel to the City of Eastport, Maine and has advised the City on the issuance of over $3,000,000 in general obligation bonds to improve City infrastructure and facilities, including loan and grant agreements through the U.S. Department of Agriculture, Rural Development, Maine Municipal Bond Bank, and Maine Department of Environmental Protection.
• Bond Counsel to City of Biddeford, Maine- Preti Flaherty served as bond counsel to the City of Biddeford, Maine. In 2011 the City made a public offering of general obligation bonds for the purpose of funding improvements and repairs of the City high school. In 2010 the City also issued revenue bonds to refund prior revenue bonds and to fund improvements to the City's ice arena.
• Bond Counsel to University of Maine System- Preti Flaherty served as bond counsel to the University of Maine System, including $34,975,000 Revenue Bonds to finance current capital improvements to the Memorial Gym and Field House and refund prior debt of the University System.

Underwriters Counsel:

• Maine Municipal Bond Bank – Preti Flaherty has acted as underwriters’ counsel for purchasers of obligations of the Maine Municipal Bond Bank for over a decade and, since 2020, has advised its clients on bond issues totaling more than $500,000,000 to fund various projects of Maine municipalities and quasi-municipal entities.
• Maine Governmental Facilities Authority – Preti Flaherty has acted as underwriters’ counsel in connection with the purchase of over $100,000,000 of the Maine Governmental Facilities Authority Lease Rental Revenue Bonds, including $65,040,000 in Green Bonds issued in 2024 to finance the construction of green building projects, energy efficiency upgrades, and improvements to the State’s solid waste facility.
• Maine Health and Higher Educational Facilities Authority – Preti Flaherty acted as underwriters’ counsel for the purchase of over $90,000,000 in revenue obligations of the Maine Health and Higher Educational Facilities Authority (HEFA) across multiple issues.
• GARVEE Bonds – Preti Flaherty has acted as underwriters’ counsel in connection with the purchase of over $100,000,000 in grant anticipation revenue vehicle (GARVEE) bonds to fund the Maine Department of Transportation’s improvements to Maine highways.
• Portland, Maine Jetport – Since 2019, Preti Flaherty has acted as underwriters’ counsel in connection with the purchase of over $70,000,000 in revenue and refunding bonds of the City of Portland to finance improvements to the Portland Jetport, including over $58,000,000 in non-AMT and green bonds.
• State of Maine General Obligation Bonds – Preti Flaherty has acted as underwriters’ counsel in connection with the purchase of over $60,000,000 in general obligation bonds issued by the State of Maine, since 2020

Affordable Housing:

• Preti Flaherty regularly serves as counsel for developers and lenders on 4% LIHTC/tax exempt bond transactions in NH, ME and VT.  

Learn more about our work in affordable housing.