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HOKE COUNTY, NORTH CAROLINA APPOINTS THE CHARLESTON GROUP AS BOND COUNSEL TO CLOSE $12,001,000 IN WATER AND SEWER REVENUE BONDS

March 2016

FAYETTEVILLE, NC - The Charleston Group attorneys, R. Jonathan Charleston and Faith C. Chima, served as bond counsel in connection with $12,001,000 aggregate water and sewer bonds denominated as $9,000,000 Water and Sewer Bond, Series 2016 A; $,1,703,000 Water and Sewer Bond, Series 2016 B; and $1,298,000 Water and Sewer Bond, Series 2016 C. The proceeds of the bonds were used to pay the principal on the County’s $12,001,000 Water and Sewer System Revenue Bond Anticipation Note, Series 2014 which was used to finance improvements to the County’s water and sewer system.

 “Assisting in the transformation of the quality of life for one of the fastest growing counties in North Carolina has been very rewarding for our team,” said R. Jonathan Charleston. “Equally important was the recognition from the United States Department of Agriculture Rural Development Service transaction representative that Hoke County’s financing package submitted by our team ‘was one of the best organized packages [he] ever reviewed,’” Charleston said.

The Charleston Group is one of the region’s leading law firms in the areas of public finance, affordable housing and community economic development, and litigation. Drawing on the firm’s expertise in public finance, real estate, administrative and tax law, the firm represents developers, investors, lenders and government agencies in financing infrastructure improvements and ownership and operation of affordable housing developments all across the region.