Keeping up the PACE: Ohio’s second PACE bond issue closes
Bricker & Eckler served as bond counsel for the Toledo-Lucas County Port Authority as it completed Ohio’s second Property Assessed Clean Energy (PACE) bond issue. Following the success of an initial bond issue through the Northwest Ohio Bond Fund in May 2012 in the amount of $5.325 million, the second bond issue closed in October 2012 in the amount of $6.435 million. These transactions continue a cooperative effort between the port authority’s BetterBuildings Northwest Ohio (BBNWO) program and the Toledo Ohio Advanced Energy Improvement Corporation. For more, read the full story.
