E33- Interview with Randy Rollo on the First Ever – MUD Forward Funding CAB (1 of 2)

Land to Lots

Aug 24 2023 • 23 mins

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 Forward Funding CAB;

Randy Rollo: Rrollo@randolphtexas.com (512) 750-0896

www.randolphtexas.com

Lariat Transaction Detail Sheet (LINK HERE)

Plus: Whenever you’re ready here are 4 ways Launch can help you with your project:

  1. Prepare a MUD Forward Funding Bond Analysis for your Project – If you have a project in Texas that has an established MUD, contact Carter Froelich (ADD MY EMAIL LINK) and have Launch prepare an initial MUD Forward Funding CAB bond analysis for your project.
  2. Add Favorable Financing Language to Annexation and/or Development Agreements – Create certainty and flexibility related to your project’s infrastructure financing by having Launch professionals prepare handcrafted favorable financing language for inclusion in your Annexation and/or Development Agreement.
  3. Perform The RED Analysis™ on your Project – We have developed a unique process at Launch called The RED Analysis™ in which we preform a diagnostic review of your project to determine possible ways to Reduce, Eliminate and Defer infrastructure construction costs in order to enhance project returns.
  4. Track Your Reimbursable Costs Utilizing The Launch Reimbursement System™ (“LRS”) – Never lose track of your district eligible reimbursable costs and have Launch manage your district’s costs reimbursement tracking, preparation of electronic reimbursement submittal packages and processing of your reimbursement requests with the district, jurisdiction and/or agency.

Complimentary Offers for Land to Lots™ Listeners

Complimentary Land to Lots book: https://www.launch-mpc.com/offer

Complimentary Bond Sizing Analysis: https://form.jotform.com/231376408765160

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Learn more about Launch Development Finance Advisors
Connect with Carter Froelich
Connect With Launch Development Finance Advisors

Carter Froelich – 480-828-9555 / carter@launch-dfa.com

Carter Froelich hosts the Land to Lots™ podcast powered by Launch Development Finance Advisors. Carter shares how he and his team help their clients finance infrastructure, reduce costs, and mitigate risks all with the goal of enhancing project profitability.

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