Phoenix[email protected] | (602) 794-4011 | v-Card
Mr. Reader is a Managing Director with Arizona public finance experience, starting in 1989. His primary focus is Arizona Cities/Towns/Community Facilities Districts (CFDs) and Counties, where he has developed a passion and expertise within this specialized area of public finance and consistently works on approximately 20-30 Arizona financings per year. During this time, he has structured and managed a wide variety of traditional tax-exempt bond transactions, including general obligation bonds, excise tax revenue bonds, water and sewer utility revenue bonds, special assessment bonds, Highway User Revenue Fund (HURF) bonds, and Certificates of Participation.
Since 2005, Mr. Reader has developed an expertise in the specialized sector of CFD bonds (general obligation and special assessment) and is involved in most CFD transactions through the State of Arizona as financial advisor or underwriter, including the City of Peoria as Underwriter (Vistancia and Vistancia West). In the past five years or so, Mr. Reader has also developed an expertise in the proliferation of the private placement market alternative. Mr. Reader’s financial advisor or underwriter clients include the City of Avondale, City of Buckeye, City of Peoria (previous CFD engagements and co-manager position on 2015 general obligation refunding bonds), City of Goodyear (Centerra CFD), City of Flagstaff, Town of Florence (Merrill Ranch CFD No. 1 & No. 2), City of Yuma (current $38 million private placement representation), Town of Marana (recent financial advisor engagement on $10 million GO refunding, Gladden Farms CFD), Town of Oro Valley, Regional Transportation Authority of Pima and Pinal County, Metropolitan Domestic Water Improvement District, and Lake Havasu City (where Mr. Reader recently represented the City as financial advisor on a $250 million wastewater revenue restructuring transaction), and Pinal County, to name a few. Mr. Reader also represents a significant number of rural Arizona Cities and Towns, which he has a passion for assisting.
Mr. Reader graduated from the University of Arizona with a Bachelor of Science in Business Administration, majoring in Finance and Accounting. He holds his Series 7 and 63 licenses. Mr. Reader is a University of Arizona Eller Associate, where he has participated in interviewing and assisting undergraduate business students. He is also a member of GFOA, GFOAz, and ACMA (and volunteer for the Harvard Scholarship Program). Mr. Reader is a passionate advocate for Arizona Cities and Towns and is actively involved in legislative issues as requested by his clients and other organizations, such as the League and the County Supervisors Association.