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Kutak Rock Congratulates the University of Nevada, Reno on P3 Award

News | October 29, 2024

Kutak Rock congratulates the University of Nevada, Reno for being honored with a Public-Private Partnership (P3) award for “Best Education and Higher Education Project” for the Mathewson Gateway District Project. This recognition underscores the significance of public-private partnerships (P3) in transforming education infrastructure.

Kutak Rock served as bond counsel to the National Finance Authority in connection with the issuance of its $148,590,000 Lease Revenue Bonds (NCCD - UNR Properties LLC – University of Nevada, Reno Project) Series 2023A and Taxable Series 2023B.

The bond proceeds are funding the construction of a new College of Business building on the University of Nevada, Reno campus. Spanning approximately 128,000 square feet, the facility will feature academic and instructional spaces, including an auditorium, classrooms, computer labs, and team meeting areas, as well as student gathering areas, amenity spaces, and administrative offices.

Firm attorneys Fred Marienthal, Michael Thomas, Kate Starick, Heather Puckette and Matthias Edrich worked on this transaction.

Kutak Rock conducts a practice specialty in the representation of federal, state and local government entities, private developers and sponsors, underwriters, lenders, financial advisors and insurers, among others, in P3 projects.  The firm has been involved in some of the largest P3 projects around the country, and, for more than two decades, has assisted clients in several hundred P3 transactions. More on Kutak Rock’s work with P3s here.