GiGi’s representative experience encompasses virtually all types of public finance for municipalities, counties, the State of Ohio and related agencies, including airport, water and sewer system revenue bonds, single and multifamily housing, healthcare financing, long-term care financing, industrial revenue bond financing and tax increment financing. She also led the firm’s engagement as counsel to the Ohio Department of Transportation in connection with the Portsmouth Bypass Project, the Department’s first design/build/finance/operate/maintain project.
In 2016, GiGi was elected President of the American College of Bond Counsel (ACBC) and was named Best Lawyers® 2017, Public Finance “Lawyer of the Year” in Cleveland. GiGi served as President of the Cleveland Zoological Society board of trustees from 2011-2014 and also serves on the board of CollegeNow Greater Cleveland. She volunteers as co-chair of the Income Impact Investment Committee for United Way. She is also co-chair of the Volunteer Committee of the Women’s Leadership Council for United Way.
She has chaired the Bond Attorneys Workshop and Fundamentals of Municipal Bonds seminar. In 2005, GiGi received City Year Cleveland’s Community Champion Award and was named a “Rainmaker” by Northern Ohio Live magazine. She has also been named as one of The Best Lawyers in America for Public Finance Law. GiGi was named a 2012 “Woman of Note” by Crain’s Cleveland Business and a finalist for the 2012 Athena Award presented by Inside Business. She was also named a 2013 “Woman of Achievement” by the YWCA Greater Cleveland and in 2014 received the Jurisprudence Award from ORT America-Northeast Ohio Region. She is an active member of the American and Cleveland Metropolitan Bar Associations, as well as the National Association of Bond Lawyers, where she served as a member of the board of trustees. GiGi is a member of the 2007 class of Leadership Cleveland. That same year she was elected as a Regular Fellow of the American College of Bond Counsel, for which she serves as vice president. She also serves on the Ohio Development Financing Roundtable’s Advisory Committee.
GiGi began her tenure with Calfee in 1976, becoming a partner in 1983. She served on the firm’s executive committee from 2001-04, and was re-elected to the committee in 2009.
- Calfee represents the State of Ohio in connection with the Ohio Department of Transportation’s first design/build/finance/operate and maintain procurement for a 16-mile 4-lane highway in southeast Ohio. The engagement includes preparation of the procurement documents, including Public Private Agreement.
- Calfee served as counsel to the Port of Greater Cincinnati Development Authority (the “Port Authority”) in connection with the proposed acquisition of the City of Cincinnati’s parking system, including seven off-street parking facilities and the City’s on-street parking system. We negotiated a long-term lease with the City that was structured to be treated as a sale for federal income tax purposes, while providing both an up-front purchase price and ongoing cash flow to the City. Calfee lawyers negotiated management contracts with Xerox State and Local Government Solutions and Denison Parking that provided a fair rate of return to the managers while maintaining affordable parking for the residents and businesses located in the City. Although the transaction ultimately did not proceed due to a change in City administration, the firm’s role in structuring and negotiating the acquisition were a model of public private partnership in the State of Ohio.
- Served as bond counsel to the Cleveland-Cuyahoga County Port Authority in connection with the issuance by the Port Authority of bonds payable from municipal tax increment financing revenues and “backed up” by voluntarily-imposed special assessments paid to the municipality. This novel structure permitted the financing of a public parking facility adjacent to an inner-ring suburb retail center.
- Represented a suburban Cuyahoga County community providing infrastructure financing for a Fortune 500 company headquarters and adjacent retail development. The debt will be payable from tax increment financing and will finance, inter alia, public parking facilities. Issues include allocation of private use of the parking facilities to maintain tax-exempt status of bonds.
- Represented an urban inner ring suburb in connection with the redevelopment of a retail center, including bond financing, and preparation and negotiation of purchase and sale agreements and development agreement.
- Acted as bond counsel to the State of Ohio in connection with financing for public infrastructure improvements related to the Flats East Bank project, a $272 million project with more than 30 sources of financing. Also served as underwriter’s counsel in connection with the financing of Phase II of the Flats East Bank project.
- Served as counsel to energy company which obtained financing through a major Ohio municipality for improvements to the utility owned by the municipality and operated by the energy company.
- Served as underwriter’s counsel in connection with several series of Airport Revenue Bonds for the City of Cleveland in 2008 and 2009 and with respect to the City’s Water System Revenue Bonds, Series 2012.
- Represented the City of Cleveland as bond counsel for $54,800,000 Various Purpose General Obligation Bonds, Series 2009.
- Represented a real estate developer in connection with the acquisition and remediation of center city industrial park using New Markets Tax Credits.
- Represented the developer in connection with the redevelopment of a downtown Cleveland hotel financed with EB-5 assistance, an energy loan from the State of Ohio secured by special assessments imposed by an advanced energy improvement district, bonds issued by Cuyahoga County and payable from service payments in lieu of taxes received by the City of Cleveland and private conventional financing.
- Served as counsel to a state community college with respect to borrowing proceeds of qualified energy conservation bonds issued by an agency and instrumentality of the State of Ohio.
- Represented a large urban county as bond counsel in connection with the county's issuance of Build America Bonds.
- Served as counsel to local and national banks in connection with their purchase of, or the provision of credit enhancement for, bonds issued for the benefit of municipalities and nonprofit organizations, including economic development programs, art museum expansion and new facilities for world-renown healthcare organization.
- Acted as bond counsel to a western suburb in financing a minor league baseball stadium and a recreational facility, including both governmental and 501(c)(3) bonds.
- Public Law and Finance
- Public/Private Partnerships
- Government Relations and Legislation
- Health Care
- Energy and Natural Resources, Oil, Gas & Shale
- Boston University School of Law, J.D., cum laude, 1976
- Smith College, A.B., 1973
- State of Ohio