Lynnette Slater Crandall

Partner

Minneapolis

P: (612) 343-8288

F: (612) 545-1201

Partner in the Public Finance and Legislative practice groups; Chair of the Political Law subgroup

Public Finance practice includes acting as bond counsel, underwriter’s counsel, issuer’s counsel and borrower’s counsel in traditional state and municipal financings, industrial development bond financings, health care financings, and economic development financings (including tax increment financing and property tax abatement); as well as drafting and advocating legislation relating to municipal finance. Financings range from tax-exempt, to taxable, to tax credit and other tax-favored obligations, including Build America Bonds and Recovery Zone Bonds.

Legislative practice includes advocacy for a wide variety of clients in regulatory and legislative matters with state agencies, the courts, and the Minnesota Legislature.

Political Law practice includes advising for-profit and not-for-profit corporations, trade associations, candidates and committees on state and federal campaign finance and election laws, lobbyist regulations, political action committee formation and compliance, ballot initiatives, pay-to-play restrictions, government ethics and gift ban laws, and related political law matters.

Representative Transactions

$40,280,000 Port Authority of the City of Bloomington, Minnesota Recovery Zone Facility Revenue Bonds (Radisson Blu MOA, LLC Project), Series 2010
$600,000,000 General Obligation Certificates of Indebtedness (Line of Credit), Series 2010A, State of Minnesota
$600,000,000 State of Minnesota General Obligation State Bonds, comprised of:
$245,000,000 Minnesota Housing Finance Agency Limited Obligation Note, Series 2008
$100,000,000 Minnesota Housing Finance Agency Residential Housing Finance Bonds, comprised of:
$67,465,000 South Dakota Health and Educational Facilities Authority Variable Rate Demand Revenue Bonds, Series 2008 (Regional Health)
$60,000,000 Hennepin County, Minnesota, General Obligation Bonds, Series 2008A
$40,300,000 Metropolitan Council General Obligation Transit Bonds, Series 2008B
$18,935,000 Hennepin County, Minnesota, Lease Revenue Refunding Certificates of Participation, Series 2008F
$15,180,000 City of Lamberton, Minnesota Solid Waste Facilities Revenue Bonds (Highwater Ethanol, LLC Project), Series 2008A
$10,000,000 City of Melrose, Minnesota, Revenue Bonds, Series 2008
$341,775,000 Hennepin County, Minnesota, Sales Tax Revenue Bonds (Ballpark Project), comprised of:
$176,365,000 Housing and Redevelopment Authority of the City of Saint Paul, Minnesota Health Care Facility Revenue Bonds (HealthPartners Obligated Group Project), Series 2006
$72,755,000 South Dakota Health and Educational Facilities Authority Revenue Bonds, Series 2007 (Sanford Health)
$80,000,000 Metropolitan Council General Obligation Waste Water Revenue Note, Series 2007F (Minnesota Public Facilities Authority Loan)
$14,280,000 Health Care Facilities Refunding Revenue Bonds (Winona Health Obligated Group), Series 2007, City of Winona, Minnesota
$9,005,000 Housing and Redevelopment Authority in and for the City of Hopkins, Minnesota, Tax Increment Revenue Bonds (Excelsior Crossings Project), Series 2007
$10,110,000 Metropolitan Council General Obligation Refunding Transit Bonds, Series 2007E
$6,765,000 The Housing and Redevelopment Authority in and for the City of Austin, Minnesota, Health Care Facilities Refunding Revenue Bonds, Series 2007
$5,420,000 Minnesota Housing Finance Agency Rental Housing Bonds, 2007 Series A-1 and 2007 Series A-2
$7,300,000 Dakota County, Minnesota, General Obligation Capital Improvement Plan Bonds, Series 2006A
$45,285,000 Metropolitan Council General Obligation Transit and Refunding Bonds, Series 2005C
$1,370,000 General Obligation Tax Increment Bonds, Series 2005A, City of Plymouth, Minnesota
$13,530,000 Metropolitan Council Certificates of Participation, Series 2004G, in a Lease Purchase Agreement
$6,140,000 Nobles County, Minnesota, General Obligation Jail Facility Refunding Bonds, Series 2004A
$80,440,000 Housing and Redevelopment Authority of the City of Saint Paul, Minnesota, and the City of Minneapolis, Minnesota, Health Care Facility Revenue Bonds, Series 2003 (HealthPartners Obligated Group Project)
$60,000,000 South Dakota Health and Educational Facilities Authority Variable Rate Revenue Bonds, Series 2003 (Rapid City Regional Hospital)
$2,805,000 Nobles County, Minnesota, General Obligation Taxable Tax Increment Bonds, Series 2003
$53,625,000 University of Kansas Hospital Authority Health Facilities Revenue Bonds (KU Health System), Series 2002
$3,500,000 Prime Lease and License Agreement between the Southwest Metro Transit Commission as Lessor and Zion First National Bank as Lessee, 2002
$1,000,000 City of Faribault, Minnesota Industrial Development Revenue Bonds (Apogee Enterprises, Inc. Project), Series 2001

Professional Activities

Adjunct Professor, University of Minnesota Law School
National Association of Bond Lawyers
Women in Public Finance
Minnesota Institute of Public Finance
National Association of Housing and Redevelopment Officials
Economic Development Association of Minnesota
Office of the State Auditor Tax Increment Finance Task Force
Presenter at various industry conferences on economic development matters
Minnesota Government Relations Council
American Bar Association
Minnesota & Hennepin County Bar Associations
Minnesota Women Lawyers

Attorney Articles

June 8, 2010	SEC Promulgates New Amendments to Rule 15c2-12
June 1, 2010	DEED Announces Application Process for Transit Improvement Areas; Local Governments Can Leverage This Designation for Other Funding Sources
February 25, 2010	New IRS Forms, FAQ’s Intended to Clarify Matters May Raise More Questions for BABs Issuers
May 20, 2008	Minnesota Legislature Creates New Bonding Authority for OPEB Liabilities