J.T. Klaus has been assisting Kansas local government in the issuance of municipal debt obligations for both infrastructure improvement and economic development since 1990. Mr. Klaus has extensive experience serving as Bond Counsel in connection with the issuance of governmental debt obligations, including general obligation bonds and temporary notes, municipal revenue bonds, as well as such “hybrid” and “conduit” type financings as tax increment bonds, lease financings (certificates of participation) and industrial revenue bonds. Mr. Klaus has served and continues to serve as Bond Counsel to governmental entities throughout the State of Kansas and regularly assists local industry, manufacturers, hospitals and health care in connection with financing their facilities. Mr. Klaus has also assisted municipalities and conduit borrowers in establishing systems of ongoing disclosure pursuant to the requirements of Rule 15c2-12 promulgated by the Securities and Exchange Commission.
Since graduating from KU Law School, Mr. Klaus has practiced in the areas of municipal finance and industrial development finance, and has constantly been in service to local government throughout Kansas as bond counsel, in addition to serving as underwriter’s counsel to both local and regional based investment firms. Mr. Klaus regularly advises local government on the various tax incentives and financing tools available to communities that desire to strengthen local industry and support economic development. He has previously presented and served as a discussion group leader at the annual training seminar for Kansas municipal officers held at the Marcus Center of Continuing Education at Wichita State University; he has presented and advised on numerous methods of economic development to the City Clerks and Municipal Finance Officers Association annual seminar and meeting in Wichita, Kansas; he has addressed and advised members of the Kansas Association of School Boards on the proper role of Bond Counsel at its school construction seminar in Salina, Kansas and he is a former instructor of Business Law at Newman University.