Connie Cahill

Practice Areas

• Tax

• Public Finance

• Tax Credits

• Higher Education

• Hotels, Hospitality & Food Service

Career

Connie is Barclay Damon’s managing partner, and she has been a member of the firm’s Management Committee since 2010.

With more than 35 years of public finance experience, she serves as bond counsel, underwriter's counsel, borrower counsel, and bank counsel in public finance transactions involving NYS agencies and authorities, industrial development agencies, local development corporations, municipalities, and school districts. Her extensive financing experience involves college and university projects, hospitals and other health care facilities, assisted-living facilities, affordable multi-family housing projects, and infrastructure projects.

As bond counsel to more than 100 municipalities and school districts, Connie represents general-obligation clients in the issuance of tax-exempt bonds and notes to finance capital projects, pension obligations, tax certiorari settlements and judgments, the issuance of revenue and tax anticipation notes to finance cash-flow deficits, and the issuance of current refunding bonds to achieve debt-service savings. She represents general-obligation issuers in connection with financings through the Dormitory Authority of the State of New York and the NYS Environmental Facilities Corporation, capital projects financed with energy performance contracts, and non-recourse borrowings through the NYS Municipal Bond Bank Agency.

Connie also develops creative financing solutions and offers advice on disclosure obligations for major underwriting firms active in New York State.

Professional Memberships

• Barclay Damon’s Women’s Forum

• National Association of Bond Lawyers

• New York State Economic Development Council

Publications

• Barclay Damon LLP, “Expanded Prevailing Wage Requirements in NYS FY2020-21 Enacted Budget”

• Barclay Damon LLP, “Executive Order Allows Remote Attendance at NYS Public Meetings”

• Barclay Damon LLP, “2015-2016 Governor's Executive Budget: Proposed Legislation Impacting IDAs”

• Barclay Damon LLP, “NYS Authorities Budget Office Releases Policy Guidance on Grants and Loans by State and Local Authorities”

• Barclay Damon LLP, “New Procedures for Documenting Sales and Use Tax Exemptions Granted by Industrial Development Agencies”

Clients

• Dormitory Authority of the State of New York

• New York State Housing Finance Agency

• New York State Environmental Facilities Corporation

• Schenectady County Industrial Development Agency

• City of Schenectady Industrial Development Agency

• Schenectady Metroplex Development Authority

Work Highlights

• Serves as bond counsel to the Dormitory Authority of the State of New York, the NYS Housing Finance Agency, and the NYS Environmental Facilities Corporation.

• Serves as general counsel and bond counsel to industrial development agencies and local development corporations, advising on the Public Authorities Accountability Act, the Public Authorities Reform Act, and guidance issued by the NYS Authorities Budget Office.

• Represents municipalities on water and sewer projects financed by the NYS Environmental Facilities Corporation.

• Represents school districts on capital projects financed by the Dormitory Authority of the State of New York.

• Serves as underwriter’s counsel to all major underwriting firms active in New York State.

• Serves as bank counsel to banks purchasing tax-exempt bonds and providing credit support in tax-exempt bond transactions.

Expert in these Jurisdictions

• New York

Languages Spoken

• English

Experience

• Barclay Damon LLP, Deputy Managing Partner

• Hiscock & Barclay, LLP, Partner

• State University of New York at Albany School of Business, Accounting Program, Assistant Professor of Graduate-Level Tax Courses

Education

Awards