Professional Experience A partner in and chair of Day Pitney's Municipal Finance practice group, Doug Gillette has been involved since 1981 in advising issuers, underwriters, banks, trustees, borrowers, and other parties involved in state and municipal finance in New England and elsewhere in connection with financings by the State of Connecticut; numerous towns, cities, and other special-purpose authorities and entities; and Indian tribal governments. He has extensive experience in analyzing and addressing the various tax-related concerns arising in the context of governmental financings and in developing documentation and systems to ensure that issuers comply with the requirements under arbitrage, private activity, and other limitations imposed by the Internal Revenue Code on tax-exempt financings. Doug's work in the area of governmental finance led to his appointment by the governor of Connecticut to serve as a member of the state's Municipal Finance Advisory Commission, where he has served since 1989. In 2005, Doug was appointed by the Connecticut state treasurer and the secretary of the Office of Policy and Management to serve on the Municipal POB/OPEB Working Group, which was charged to report on and draft legislation to address issues regarding the funding and financing of municipal pension and other postemployment benefits. In 2007, Doug was appointed by the governor of Connecticut to serve on the Property Tax Cap Commission established by the State Legislature. On a pro bono basis Doug served from spring 2008 to fall 2009 in the statutory position of municipal finance expert on a regional school district study committee. Doug has provided counsel to various Connecticut municipalities on nonfinancing matters ranging from election law and Freedom of Information Act compliance to the development and establishment of investment guidelines. He has also provided advice to, or served as counsel to, the charter establishment or revision commissions in several Connecticut towns. Doug is actively involved in preparing legislation to meet the needs of Connecticut municipalities, often on a pro bono basis in cooperation with the State of Connecticut Office of Policy and Management and the State Treasurer's Office, or as a member of the Legislative Committee of the Government Finance Officers Association of Connecticut. Representative Matters · Advised developer of mixed-use residential/commercial/office project regarding municipal financing options, including municipal special services district, in a public/private partnership · Served as bond counsel to municipality in connection with private developer redevelopment project involved in rehabilitating and improving vacant buildings located near the municipal center to provide market-rate condominium units · Served as bond counsel to Connecticut municipality in establishing an open-space-acquisition financing program · Served as local counsel to consultant advising regional business council in analyzing and making recommendations regarding financial operations and management issues with respect to local board of education · Served as bond counsel to Indian tribal council in various taxable and tax-exempt financings of infrastructure and governmental facilities projects · Served as bond counsel to a Connecticut regional health district in connection with a below-market-rate 40-year financing from the U.S. Department of Agriculture to purchase and renovate office space, including drafting necessary enabling legislation to permit Connecticut's regional health districts to borrow money secured by a pledge of assets · Counseled municipal charter revision commission, including advice regarding restructuring of annual budget procedure · Advised a special tax district with respect to creation and revision of bylaws, amendment of special-act charter, and resolution of apparent conflicts with provisions of general statutes · Drafted legislation permitting Connecticut municipalities to issue pension deficit funding bonds to fund all or a portion of unfunded past benefit obligations, including review of other statutes governing municipalities to reconcile any conflicts and to determine the need for clarifications · Drafted an extensive revision of the laws pertaining to municipal investments and deposits to reflect interstate banking concerns and concerns regarding fluctuating value investments News, Publications & Presentations · Featured, "Day Pitney Represents Town of Mansfield, Connecticut, in Storrs Center Development Agreement," Day Pitney Press Release, January 19, 2011 · Co-author, "Expiring Tax Provisions Dramatically Change Municipal Finance Landscape," Day Pitney Alert, January 6, 2011 · Co-author, "Expiration of Certain Municipal Bond Tax Provisions," Day Pitney Alert, December 1, 2010 · Co-author, "Municipal Advisors Must Register With The SEC By October 1," Day Pitney Alert, September 2, 2010 · Co-author, "The Rules of Continuing Disclosure are Continuing to Change," Day Pitney Alert, June 2, 2010 · Co-author, "Moody's and Fitch Credit Rating Recalibrations May Trigger SEC Rule 15c2-12 Material Event Filing Obligations for Towns and Cities," Day Pitney Alert, April 28, 2010 · Speaker, "Aspects of Municipal Investments and Deposits," Janney Montgomery Symposium For Finance Directors And Treasurers, April 8, 2010 · Co-author, "Jobs Bill Extends BAB-style Direct Payments to QSCBs, CREBs, QZABs, and QECBs," Day Pitney Alert, March 18, 2010 · Speaker, "Working with Bond Counsel -- Areas of Mutual Concern" presentation to the Connecticut Association of Municipal Attorneys, March 10, 2010 · Speaker, "Build America Bonds Under the American Reinvestment and Recovery Act of 2009 and Other Tax Credit Bond Financing Options", Government Finance Officers Association of Connecticut, February 4, 2010 · Featured, "Fifty-six Day Pitney Partners Recognized as New England Super Lawyers," Day Pitney Press Release, October 30, 2009 · Co-author, "IRS Launches Compliance Check on Governmental Bond Financings," Day Pitney Alert, February 5, 2009 · Speaker, "Are You Smarter Than a Bond Lawyer?" dramatic presentation of recent public finance disclosure issues to Connecticut Government Finance Officers Association, February 7, 2008 · "Process for Adopting Other Post-Employment Benefits ("OPEB" ) Trust," Day Pitney Alert, February 6, 2007 · Speaker, "Update on Pension Obligation Bond and OPEB Legislation" and "Deposits and Investments of Municipal Funds," Connecticut State Treasurer's Public Finance Conference, March 24, 2006 · Speaker, "GASB Statements 43 and 45: How to Determine and Report Your Municipality's Liability," Connecticut Government Finance Officers Association Workshop, November 29, 2005 · Speaker, "GASB 43 and 45: The New Math of Benefits Reporting," Connecticut Conference of Municipalities Annual Conference, October 18, 2005 · Co-author, "Final Regulations for U.S. Treasury Securities, State and Local Government Series ('SLGS')," DBH Alert, July 14, 2005 · Speaker, "Municipal Finance Developments - FOIA Issues Regarding E-Mail and Voice Mail Communications," Government Finance Officers Association of Connecticut, February 5, 2004 · Speaker, "Ethics, Conflicts of Interest and Effective Meetings," training workshop, Connecticut Conference of Municipalities, October 2001 · Speaker, "Aspects of Municipal Investments and Deposits," Government Finance Officers Association of Connecticut, November 2000 · Speaker, "Our Town Follies -- Current Issues in Municipal Bond Securities and Tax Laws," New England States Government Finance Officers Association Annual Conference, September 2000 · Speaker, "Certified Public Finance Officer Examination Preparation Course," State of Connecticut Office of Policy and Management, October 1999 Professional Affiliations · National Association of Bond Lawyers · Government Finance Officers Association of Connecticut · Connecticut Bar Association Outside Interests · State of Connecticut Municipal Finance Advisory Commission, Commissioner/Secretary Awards and Achievements · Recognized as a Connecticut Super Lawyer, 2006, 2007, 2008, 2009, 2010 |