Firm Overview

Floyd & Driver, PLLC, is a nationally recognized public finance law firm based in Norman, Oklahoma.  The Firm has four attorneys with combined experience of eighty-three years of experience in Oklahoma public finance and have rendered bond opinions since 1994.  The Firm serves as bond counsel and underwriter’s counsel for federally tax-exempt and taxable public offerings and private placements by Oklahoma governmental and nonprofit organizations.  Additionally, Firm attorneys have represented public and private entities as TIF counsel, and economic development counsel, and have represented public entities in district court litigation and tax matters litigation with the Internal Revenue Service. 

Floyd & Driver is one of the largest public finance practices in Oklahoma and according to public listings continually ranks in the top 5 public finance law firms in Oklahoma for the number and volume of bond counsel opinions rendered each year.  Each year our firm is involved with multiple separate issues of bonds and notes totaling millions to over one billion dollars. The firm’s lawyers have participated in approximately 1200 bond issues with approximately $12 billion in volume.  This high volume of public finance work spans the full range of tax-exempt and taxable debt issues.  In addition, Floyd & Driver currently provides additional services to its public finance clients in the form of legal, administrative, and consulting services related to municipal law.

We are frequently asked to draft legislation relating to the establishment of and the issuance of debt by governmental entities and other governmental concerns.  Members of the firm also participate in nationally organized efforts of bond lawyers and other industry participants to stay informed about and involved with changes in federal tax law, securities law and other aspects of the issuance of public debt.

We have been involved in several public-private partnership transactions representing state and local government entities and private developers and sponsors for higher education projects (including student housing), healthcare facilities, parking facilities, charter school financings, and K-12 public school financings.  As part of this representation, we ensure compliance with underlying legal requirements, approval procedures, and financing, securities, and tax law issues, and work with the national rating agencies. 

As tax increment financing (TIF) counsel, Floyd & Driver attorneys represent clients in the initiation of the district formation, negotiating and drafting project plans and economic development agreements related to the use of the revenues created by the TIF district, issuing tax increment bonds, developing assistance/pay-go revenue disbursements, and utilizing state and local incentives to maximize the impact of TIF revenues for the projects. 

As Master Development District (MDD) counsel, Floyd & Driver attorneys represent clients in the formation and administration of master development districts, negotiating and drafting development agreements, financing agreements, and district governing documents related to the construction of public infrastructure and other project improvements. The firm assists with the issuance of bonds and other district obligations, the development of assessment and reimbursement structures, and the implementation of revenue-distribution mechanisms to finance public improvements. As an alternative to traditional tax increment financing, MDDs provide a flexible financing tool that utilizes assessments rather than ad valorem tax increments, making them particularly effective in supporting residential, mixed-use, commercial, and large-scale master-planned developments while encouraging growth and infrastructure investment without diverting existing tax revenues.

By utilizing our unique skill set and breadth of experience, we are able to critically assess public and development financing issues with the goal of delivering tailored, effective, and cost-efficient solutions.  We believe in fostering and developing long-term relationships with clients, and we are committed to and invested in successful, sustainable outcomes that maximize our clients’ unique strengths.