Zachary D. Sakas

Member

Scottsdale, Arizona

Phone: 480.624.2732

Fax: 480.624.2029

zsakas@shermanhoward.com

Areas Of Emphasis

Education

  • Juris Doctor, with Honors, University of Texas School of Law, 2006
  • BSBA, Economics summa cum laude with Honors, University of Arizona, 2003

Zachary “Zach” Sakas serves as bond counsel to Arizona government entities to facilitate the issuance and sale of bonds to pay for infrastructure and improvements. Zach advises issuers on public finance matters for the acquisition and construction of roads, parks, utilities, police and fire stations, dormitories, schools, and a variety of other projects.

Zach represents municipalities, counties and special taxing districts, including community facilities districts and revitalization districts. In addition, Zach has served as bond counsel for universities, school districts, industrial development authorities, nonprofit hospitals and organizations, and tribal governments. He also represents investment banks that underwrite and market bonds issued by governmental entities, and banks that acquire governmental obligations for their own portfolios. These transactions include fixed-rate and variable-rate tax-exempt bonds, pledged revenue obligations, lease purchase certificates of participation, revolving fund loan programs, and tax-credit bonds.

Experience

  • City of Mesa, Arizona, General Obligation Bonds, Series 2019.
  • Estrella Mountain Ranch Community Facilities District (City of Goodyear, Arizona), Lucero Assessment District No. 1, Special Assessment Revenue Bonds, Series 2019.
  • Cadence Community Facilities District (City of Mesa, Arizona), Assessment District No. 1 Special Assessment Revenue Bonds, Series 2019 and Assessment District No. 2 Special Assessment Revenue Bonds, Series 2019.
  • Eastmark Community Facilities District No. 1 (City of Mesa, Arizona), General Obligation Bonds, Series 2019.
  • Window Rock Unified School District No. 8 of Apache County, Arizona, Impact Aid Revenue Refunding Bonds, Series 2019.
  • Gladden Farms (Phase II) Community Facilities District (Marana, Arizona), General Obligation Bonds, Series 2019.
  • Eastmark Community Facilities District No. 2 (City of Mesa, Arizona) Formation and General Obligation Bond Election.

Publications & Presentations

PRESS

 

PRESENTATIONS

  • Arizona Revitalization Districts
    Government Finance Officers Association of Arizona | February 2019
  • Arizona Community Facilities Districts – Structure, Purpose and Governance
    City of Mesa, Arizona | February 2019
  • Arizona CFDs After SB 1480 and SB 1499 – Where Do We Go From Here?
    Arizona City Attorneys | September 2018
  • Arizona Community Facilities Districts
    State Bar of Arizona Land Use Conference | June 2018
  • Arizona Community Facilities Districts Recent Legal Developments
    21st Annual Public Practice Legal Seminar | May 2018
  • Direct Bank Placement Transactions – Issuer, Direct Purchaser and Legal Considerations
    Government Finance Officers Association of Arizona | August 2017

Professional Activities

  • State Bar of Arizona
  • Government Finance Officers Association of Arizona
  • National Association of Bond Lawyers (NABL)