University of Denver Sturm College of Law, J.D., 1978
University of Colorado in Denver, B.A., 1974
BAR AND COURT ADMISSIONS
Colorado, 1978
U.S. Court of Appeals, 10th Circuit, 1978
Texas, 1984
HONORS AND AWARDS
Honored in 1996 by Asian Pacific Development Center as "One Who Impacted APDC" since its founding in 1981
Follmer Bronze Merit Award for Outstanding Service to Healthcare Financial Management Association, 1996
Ms. Groves was one of the first 100 attorneys inducted into the American College of Bond Counsel, a national honorary society established by the National Association of Bond Lawyers
Mary L. Groves
Partner1801 Broadway, Suite 1700Denver, CO 80202mgroves@peckshaffer.comTEL: 303 296 2590FAX: 303 296 0344
Mary Groves is a leader in public finance throughout the Rocky Mountain region. With more than 30 years' experience, she advises clients in the areas of tax-exempt finance as bond counsel, borrower's counsel, trustee's counsel, bank counsel and underwriter's counsel.
Ms. Groves has been lead counsel in a broad range of traditional and conduit public financings, including projects for private schools and colleges and senior housing. She also represents banks in letter of credit and liquidity transactions and has worked extensively with healthcare providers, charter schools, cultural institutions and faith-based service providers.
Ms. Groves has worked with a variety of financing structures, including fixed and variable rate bonds, master trust indentures, certificates of participation and financings involving special purpose entity corporations. She is called by many non-Colorado borrowers who use the multi-jurisdictional authority of Colorado's statewide health and education issuers.
REPRESENTATIVE TRANSACTIONS
$21,480,000 Colorado Health Facilities Authority Variable Rate Demand Revenue Bonds (Bethesda Adult Communities) Series 2008A and Series 2008B – Bond Counsel for refinancing of variable rate bonds and issuance of new money, using liquidity facility, hedge and master trust indenture structure
$43,420,000 Colorado Educational and Cultural Facilities Authority Variable Rate Demand Revenue and Refunding Bonds, Series 2008 (YMCA of the Rockies Project) – Bond Counsel for refinancing of variable rate bonds and issuance of new money, using liquidity facility and hedge
$50,375,000 City of Aurora, Colorado, Hospital Revenue Refunding Bonds (The Children’s Hospital Association Project) Series 2008B – Bank Counsel for letter of credit provider for hospital financing
$45,000,000 Colorado Educational and Cultural Facilities Authority Adjustable Rate Demand Revenue Bonds, Series 2007 (Valor Christian Schools Project) – Bond Counsel
$12,750,000 The Housing Authority of the City and County of Denver, Colorado Wells Fargo Bridge Bond, Series 2007 (Three Towers Rehabilitation Program) – Bank Counsel
$5,200,000 Industrial Development Authority of the City of Chandler, Arizona Adjustable Rate Demand Revenue Bonds, Series 2007 (Tri-City Baptist Church Project) – Bond Counsel for refinancing prior taxable debt and issuance of new money
$41,005,000 Hospital Authority No. 1 of Scotts Bluff County, Nebraska Variable Rate Demand Revenue Bonds (Regional West Medical Center) Series 2005 - Bond Counsel for refinancing of fixed rate bonds, using bond insurance, liquidity facility and non-integrated swap agreement
$14,700,000 Participation Interests in an Amended Lease, Development and Operating Agreement by and between Sempra Energy Colorado, Inc., as Lessor and The Regents of the University of Colorado, Lessee - Bond Counsel for the "subject to appropriation" obligations for the heating and ventilation plant at the new University of Colorado Fitzsimmons medical campus in Aurora, Colorado
$14,300,000 Miami-Dade County Industrial Development Authority Variable Rate Demand Revenue Bonds (Palmer Trinity Private School Project) Series 2005 - Bank Counsel for letter of credit provider for private school financing
PUBLICATIONS & SPEECHES
Update on Extraterritorial Powers of Colorado Issuers
4/1/2009
Mary Groves, Author
"Extraterritorial Powers of Colorado Issuers" Peck, Shaffer & Williams Client Newsletter
10/18/2005
Mary Groves, Author
"A Change of Focus at the Supreme Court May Lead to Wider Availability of Tax-Exempt Financing" Journal of Taxation of Exempt Organizations , January/February 2000
Mary Groves, Co-author Stuart Lark Co-author
COMMUNITY & PROFESSIONAL INVOLVEMENT
American College of Bond Counsel
National Association of Bond Lawyers
Treasurer, Catholic Foundation for the Roman Catholic Church of Northern Colorado
