Wednesday, June 21, 2023
Meet Guy Hobbs Man Behind Bonds For Oakland A's Las Vegas Ballpark And Raiders Allegiant Stadium - ATLNews
I am honored to present this interview with Guy Hobbs, the Managing Director of Las Vegas-based Hobbs and Ong and the man behind the development of the design of municipal bonds for both Raiders Allegiant Stadium and The Oakland A's planned Las Vegas Ballpark to be at the Tropicana. We can understand the truth behind how bonds for stadiums and convention centers work, and how Guy navigates the world of politics, sports business, and financial technology. Founded Hobbs, Ong & Associates, Inc. in 1996 and serves as President and Managing Director. With more than 40 years of experience, which includes financial advisory services, tax policy and administration, budget and capital planning strategies, economic and fiscal analysis, debt management, sports and entertainment project support, and operations research. He also has significant experience working with the State Legislature and multiple units of regional and local government. From the company bio, Mr. Hobbs has been actively involved as a technical resource to the Nevada Legislature for nearly four decades. He served on the Legislative Commission’s Subcommittee to Study Laws Relating to Financing of Infrastructure Which Accompany Development, the Subcommittee Studying Laws Relating to the Distribution Among Local Governments of Revenue from State and Local Taxes and in 2002, Mr. Hobbs was appointed by Governor Kenny Guinn to chair the Governor’s Task Force on Tax Policy in Nevada. In 2019, Mr. Hobbs was appointed to the Commission on School Funding established by SB 543 of the 2019 Legislative Session and serves as Vice Chairman. Mr. Hobbs background also includes several years of teaching experience on behalf of the College of Business and Economics at UNLV, and 13 years as Chief Financial Officer for Clark County. Mr. Hobbs earned a BA in Business Economics from the University of California, Santa Barbara, and a MBA from UNLV And Hobbs Ong Associates would not be that without Katherine Ong Sisolak here's her bio: Katherine Ong Sisolak, Director Co-founder and Director of Hobbs, Ong & Associates, Inc. Areas of expertise include financial advisory services assisting municipal issuers in obtaining more than $24 billion in tax-exempt financing through a variety of security instruments, including: revenue bonds, general obligation bonds, commercial paper and assessment districts, among others. She also has experience in the preparation and administration of governmental budgets, fiscal impact analysis, legislative strategy, private activity bond administration, and feasibility studies. Mrs. Sisolak has provided oversight on the sale of more than 350 bond transactions totaling $35.4 billion of taxable and tax-exempt debt. The proceeds funded improvements for airports; convention facilities; flood, water and sewer projects; hospitals; special improvement districts; transportation and general government projects. These issues have included General Obligation, Revenue and Special Improvement District bonds, Refundings and General Obligations with Additionally Secured Revenues. Mrs. Sisolak received a Bachelor of Science in Business Administration from the University of Nevada, Las Vegas, with an emphasis in Finance. I welcome Guy Hobbs and Hobbs, Ong, and Associates to Zennie62 YouTube Stay tuned.
via YouTube https://www.youtube.com/watch?v=StVt6Qwg6gM
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