Michael J. Busada

Michael J.

Busada

Overview

Mike Busada is an experienced municipal bond and economic development finance attorney representing the state and local governments, economic development organizations, and companies.  Mike has represented clients across the state on economic development financing transactions representing over $12.5 billion in capital investment, including representing the State of Louisiana in one of the largest economic development projects in State history.  Additionally, Mike represents local governments throughout Louisiana as bond counsel.  Mike served as the Chair of the National Association of Bonds Lawyers’ (NABL) Governmental Affairs Committee (2022-2024) and served on NABL’s 2022 nominating committee. Mike is a member of Louisiana’s Committee of 100 for Economic Development and the Louisiana Industrial Development Executives Association. In 2010, Mike was instrumental in working with the state legislature to amend the state’s Payment In Lieu of Taxes (PILOT) economic development law to provide for more security to local governmental bodies.  Recently, Mike wrote the law establishing Louisiana’s mega site economic development program, the Louisiana Competes Regional Economic Development Program.

Experience

  • Sample of recent economic development projects where Mike served or is serving as special economic development finance counsel representing either the State of Louisiana, local governments, industrial development boards, public trusts, economic development organizations or companies):
    • $10 Billion – Meta Datacenter Campus (Richland Parish)
    • $1 Billion – River District Neighborhood Mixed-Use Development (New Orleans)
    • $600,000,000 – Amazon Fulfillment Center (Shreveport)
    • $400,000,000 – Amazon Fulfillment Center (Baton Rouge)
    • $200,000,000 – Amazon Fulfillment Center (Carencro)
    • $30,000,000 – Chase Operations Center (Ruston)
    • $50,000,000 – Fibrebond Expansion and Construction of a New 30,000 square foot Production Facility (Minden)
    • $50,000,000 – Buc-ee’s Travel Center (Ruston)
    • $50,000,000 – Buc-ee’s Travel Center (Lafayette)
    • $37,000,000 – Lakeside Apartments rehabilitation project (Shreveport)
    • $20,000,000 – Galilee City Apartments rehabilitation project (Shreveport)
    • $$38,000,000 – Natchitoches Thomas Apartments Preservation LLC rehabilitation project (Natchitoches)
    • $12,490,000 – Galilee Senior Housing, LP (Shreveport)
    • $277,000,000 – Forest Trace Solar, LLC Solar Farm (Sabine Parish)
    • $250,000,000 – Dolet Hills Solar, LLC Solar Farm (DeSoto Parish)
    • $210,000,000 – Hollis Creek PV I, LLC Solar Farm (Sabine Parish)
    • $35,000,000 – Global Seamless Redevelopment of an Existing Manufacturing Facility (Mansfield)
    • $18,500,000 – SLB Investment to bring significant manufacturing back to the former General Motors Campus (Shreveport)
    • $14,000,000 – Macrosource, LLC fertilizer distribution center (Lake Providence)
    • $15,000,000 – Mixed Use Retail Development (Stonewall)
    • Hobby Lobby (Natchitoches)
    • River South Commons Retail Development (Natchitoches)
  • Mike has recently served as bond counsel, disclosure counsel, or underwriters counsel in the following transactions:
    • $138,800,000 City of Alexandria, State of Louisiana Taxable Utilities Revenue Funding Bonds, Series 2020 (Bond Counsel)
    • $88,000,000 City of Shreveport, State of Louisiana General Obligation Bonds, Series 2024 (Bond Counsel)
    • $63,000,000 St. James School District, Louisiana General Obligation Bonds, Series 2021
    • $29,000,000 City of Shreveport, State of Louisiana, General Obligation Bonds, Series 2025 (Bond Counsel)
    • $11,645,000 City of Natchitoches, State of Louisiana Utilities Revenue Bonds, Series 2023 (Underwriter’s Counsel)
    • $11,305,000 Town of Blanchard, State of Louisiana Water Revenue Refunding Bonds, Series 2021 (Bond Counsel)
    • $10,650,000 Parishwide School District of Caddo Parish, Louisiana General Obligation Bonds, Series 2025 (Co-Bond Counsel)
    • $9,250,000 Parishwide School District of Caddo Parish, State of Louisiana General Obligation Bonds, Series 2023 (Co-Bond counsel)
    • $8,825,000 School District No. 25 of the Parish of Allen, State of Louisiana General Obligation Bonds, Series 2019 (Underwriter’s Counsel)
    • $5,800,000 Parishwide School District of Caddo Parish, Louisiana General Obligation School Refunding Bonds, Series 2021 (Co-Bond counsel)
    • $5,265,000 School District No. 5 of the Parish of Allen, State of Louisiana General Obligation School Refunding Bonds, Series 2021 (Bond Counsel)
    • $3,615,000 City of Natchitoches, State of Louisiana Utilities Revenue Refunding, Series 2021 (Bond Counsel)
    • $3,360,000 Town of Kinder, State of Louisiana Utilities Revenue Refunding Bonds, Series 2021 (Bond Counsel)
    • $2,710,000 City of Mansfield Sales Tax Revenue Bonds, Series 2024 (Underwriter’s Counsel)
    • $2,300,000 Town of Blanchard, State of Louisiana Taxable Excess Revenue Bonds, Series 2020 (Bond Counsel)
    • $2,050,000 Town of Oberlin, State of Louisiana Sewer Revenue Refunding Bonds, Series 2021 (Bond Counsel)
    • $1,855,000 School District Ward One of Allen Parish, State of Louisiana General Obligation School Refunding Bonds, Series 2021 (Bond Counsel)
    • $1,400,000 Town of Blanchard, State of Louisiana Taxable Excess Revenue Bond, Series 2021 (Bond Counsel)
    • $575,000 Town of Jackson, State of Louisiana, Series 2019  (Bond Counsel)

Distinctions

  • Wrote the law establishing Louisiana’s mega site economic development program, the Louisiana Competes Regional Economic Development Program.
  • Appointed Chair of the National Association of Bond Lawyers Governmental Affairs Committed.
  • Appointed by the US Secretary of Education to a federal rulemaking panel to provide input related to career training and workforce development.
  • Appointed by Louisiana Gov. John Bel Edwards to serve on the Economic and Community Development Task Force of the Resilient Louisiana Commission
  • Honorary Commander, United States Air Force, Office of the Staff Judge Advocate, 2nd Bomb Wing, Barksdale Air Force Base
  • Greater Shreveport 40 Under 40
  • Norman C. Francis Leadership Institute Fellow
  • Appointed General Counsel of the International Kappa Sigma Endowment Fund by its Board of Trustees, which included the current Chairman of the United States Senate Intelligence Committee, Richard Burr and former Deputy Executive Director of the United States Central Intelligence Agency, Marty Peterson. 
  • Louisiana State University Alumni Greek Excellence Award, 2017, Lieutenant, Mystic Krewe of Louisianans (Washington, DC Mardi Gras)
  • Elected to two terms on the Baton Rouge Bar Association's Young Lawyers Council, 2010-2011

Bar Admissions

  • Louisiana, 2008
  • U.S. District Courts
    • Louisiana: Eastern, Western, Middle
  • Federal Court, 2008

Education

  • Loyola University New Orleans College of Law, J.D., 2008
    • Commencement Speaker
  • Louisiana State University, B.A., Political Science, 2005
    • Student Senate President
    • Leadership LSU
    • Omicron Delta Kappa 

Associations

  • National Association of Bond Lawyers
    • Nominating Committee, 2022
    • Governmental Affairs Committee
      • Chair, 2022-2024
      • Co-Chair, 2021-2022
  • Committee of 100 of Louisiana
  • Louisiana Bar Association
  • Shreveport Bar Association
  • American Bar Association
  • Louisiana Industrial Development Executives Association

Papers, Presentations & Publications

  • Co-Author, "Bond Finance Reference Guide," Council of Development Finance Agencies, July 31, 2023.
  • Presenter, “Closing the Deal,” Council of Finance Development Agencies, Intro Bond Finance Course, March 14, 2023.
  • Featured, "Member Spotlight - Michael J. Busada, Butler Snow, Shreveport, LA," NABL, April 28, 2022. 
  • Presenter, “Intro to Bond Law,” Council of Finance Development Agencies, Virtual Summer School Program, August 4, 2021.
  • Presenter, "Knowing Your Options in the Bond Issuance Process," Louisiana School Board Association, 83rd Annual Convention, March 7, 2021.
  • Presenter, “Demystifying the Bond Issue Process” Louisiana School Boards Association Annual Winter Conference, Baton Rouge, Louisiana, February 17, 2020.
  • Presenter, “Overview Of Municipal Bonds And The Roles Of The Professionals Involved” Louisiana School Boards Association Fall 2019 Trailblazers Series Professional Development, Natchitoches, Louisiana, November 8, 2019.
  • Presenter, “Overview Of Municipal Bonds And The Roles Of The Professionals Involved” Louisiana School Boards Association Fall 2019 Trailblazers Series Professional Development, Kenner, Louisiana, October 21, 2019.
  • Presenter, “New Laws for Bond Issue Continuing Disclosure; How Local Governments Can Stay Compliant and Avoid Civil and Criminal Liability”
  • Presenter, “Utilizing Bond Financing and Economic Development Incentives"
  • Testified before the United States Small Business Administration’s Office of Advocacy regarding federal regulatory reform and its impact on business growth and creation.
  • Guest on Mark Willis’s national radio show to discuss training, workforce development, and federal regulations affecting the trucking industry.

Civic Involvement

  • LSU Health Sciences Shreveport Foundation, Trustee
  • Kappa Sigma Fraternity, Board of Directors, 2019-2021
  • HBCU Legacy Bowl Inaugural Steering Committee Member
  • Capital campaign responsible for developing, funding, and constructing a new $7.5 million Kappa Sigma Fraternity House at LSU, Co-Chairman
  • Shreveport-Bossier Military Affairs Council, Board of Directors
  • Eddie Robinson Legacy Society, National Chairman, 2012-2015
  • Bossier Chamber of Commerce
    • Board of Directors
    • Executive Committee, Community Sustainability Chair
  • Mikie Mahtook Foundation, Board of Directors
  • National Kappa Sigma Endowment Fund, General Counsel, 2007-2017
  • Red River Valley Association, Board of Directors
  • Captain Shreve High School Alumni Association, Board of Directors
  • Roy Griggs School of Business, Board Member (In Conjunction with Southern University Shreveport)

Michael J.

Busada

Overview

Mike Busada is an experienced municipal bond and economic development finance attorney representing the state and local governments, economic development organizations, and companies.  Mike has represented clients across the state on economic development financing transactions representing over $12.5 billion in capital investment, including representing the State of Louisiana in one of the largest economic development projects in State history.  Additionally, Mike represents local governments throughout Louisiana as bond counsel.  Mike served as the Chair of the National Association of Bonds Lawyers’ (NABL) Governmental Affairs Committee (2022-2024) and served on NABL’s 2022 nominating committee. Mike is a member of Louisiana’s Committee of 100 for Economic Development and the Louisiana Industrial Development Executives Association. In 2010, Mike was instrumental in working with the state legislature to amend the state’s Payment In Lieu of Taxes (PILOT) economic development law to provide for more security to local governmental bodies.  Recently, Mike wrote the law establishing Louisiana’s mega site economic development program, the Louisiana Competes Regional Economic Development Program.

Experience

  • Sample of recent economic development projects where Mike served or is serving as special economic development finance counsel representing either the State of Louisiana, local governments, industrial development boards, public trusts, economic development organizations or companies):
    • $10 Billion – Meta Datacenter Campus (Richland Parish)
    • $1 Billion – River District Neighborhood Mixed-Use Development (New Orleans)
    • $600,000,000 – Amazon Fulfillment Center (Shreveport)
    • $400,000,000 – Amazon Fulfillment Center (Baton Rouge)
    • $200,000,000 – Amazon Fulfillment Center (Carencro)
    • $30,000,000 – Chase Operations Center (Ruston)
    • $50,000,000 – Fibrebond Expansion and Construction of a New 30,000 square foot Production Facility (Minden)
    • $50,000,000 – Buc-ee’s Travel Center (Ruston)
    • $50,000,000 – Buc-ee’s Travel Center (Lafayette)
    • $37,000,000 – Lakeside Apartments rehabilitation project (Shreveport)
    • $20,000,000 – Galilee City Apartments rehabilitation project (Shreveport)
    • $$38,000,000 – Natchitoches Thomas Apartments Preservation LLC rehabilitation project (Natchitoches)
    • $12,490,000 – Galilee Senior Housing, LP (Shreveport)
    • $277,000,000 – Forest Trace Solar, LLC Solar Farm (Sabine Parish)
    • $250,000,000 – Dolet Hills Solar, LLC Solar Farm (DeSoto Parish)
    • $210,000,000 – Hollis Creek PV I, LLC Solar Farm (Sabine Parish)
    • $35,000,000 – Global Seamless Redevelopment of an Existing Manufacturing Facility (Mansfield)
    • $18,500,000 – SLB Investment to bring significant manufacturing back to the former General Motors Campus (Shreveport)
    • $14,000,000 – Macrosource, LLC fertilizer distribution center (Lake Providence)
    • $15,000,000 – Mixed Use Retail Development (Stonewall)
    • Hobby Lobby (Natchitoches)
    • River South Commons Retail Development (Natchitoches)
  • Mike has recently served as bond counsel, disclosure counsel, or underwriters counsel in the following transactions:
    • $138,800,000 City of Alexandria, State of Louisiana Taxable Utilities Revenue Funding Bonds, Series 2020 (Bond Counsel)
    • $88,000,000 City of Shreveport, State of Louisiana General Obligation Bonds, Series 2024 (Bond Counsel)
    • $63,000,000 St. James School District, Louisiana General Obligation Bonds, Series 2021
    • $29,000,000 City of Shreveport, State of Louisiana, General Obligation Bonds, Series 2025 (Bond Counsel)
    • $11,645,000 City of Natchitoches, State of Louisiana Utilities Revenue Bonds, Series 2023 (Underwriter’s Counsel)
    • $11,305,000 Town of Blanchard, State of Louisiana Water Revenue Refunding Bonds, Series 2021 (Bond Counsel)
    • $10,650,000 Parishwide School District of Caddo Parish, Louisiana General Obligation Bonds, Series 2025 (Co-Bond Counsel)
    • $9,250,000 Parishwide School District of Caddo Parish, State of Louisiana General Obligation Bonds, Series 2023 (Co-Bond counsel)
    • $8,825,000 School District No. 25 of the Parish of Allen, State of Louisiana General Obligation Bonds, Series 2019 (Underwriter’s Counsel)
    • $5,800,000 Parishwide School District of Caddo Parish, Louisiana General Obligation School Refunding Bonds, Series 2021 (Co-Bond counsel)
    • $5,265,000 School District No. 5 of the Parish of Allen, State of Louisiana General Obligation School Refunding Bonds, Series 2021 (Bond Counsel)
    • $3,615,000 City of Natchitoches, State of Louisiana Utilities Revenue Refunding, Series 2021 (Bond Counsel)
    • $3,360,000 Town of Kinder, State of Louisiana Utilities Revenue Refunding Bonds, Series 2021 (Bond Counsel)
    • $2,710,000 City of Mansfield Sales Tax Revenue Bonds, Series 2024 (Underwriter’s Counsel)
    • $2,300,000 Town of Blanchard, State of Louisiana Taxable Excess Revenue Bonds, Series 2020 (Bond Counsel)
    • $2,050,000 Town of Oberlin, State of Louisiana Sewer Revenue Refunding Bonds, Series 2021 (Bond Counsel)
    • $1,855,000 School District Ward One of Allen Parish, State of Louisiana General Obligation School Refunding Bonds, Series 2021 (Bond Counsel)
    • $1,400,000 Town of Blanchard, State of Louisiana Taxable Excess Revenue Bond, Series 2021 (Bond Counsel)
    • $575,000 Town of Jackson, State of Louisiana, Series 2019  (Bond Counsel)

Distinctions

  • Wrote the law establishing Louisiana’s mega site economic development program, the Louisiana Competes Regional Economic Development Program.
  • Appointed Chair of the National Association of Bond Lawyers Governmental Affairs Committed.
  • Appointed by the US Secretary of Education to a federal rulemaking panel to provide input related to career training and workforce development.
  • Appointed by Louisiana Gov. John Bel Edwards to serve on the Economic and Community Development Task Force of the Resilient Louisiana Commission
  • Honorary Commander, United States Air Force, Office of the Staff Judge Advocate, 2nd Bomb Wing, Barksdale Air Force Base
  • Greater Shreveport 40 Under 40
  • Norman C. Francis Leadership Institute Fellow
  • Appointed General Counsel of the International Kappa Sigma Endowment Fund by its Board of Trustees, which included the current Chairman of the United States Senate Intelligence Committee, Richard Burr and former Deputy Executive Director of the United States Central Intelligence Agency, Marty Peterson. 
  • Louisiana State University Alumni Greek Excellence Award, 2017, Lieutenant, Mystic Krewe of Louisianans (Washington, DC Mardi Gras)
  • Elected to two terms on the Baton Rouge Bar Association's Young Lawyers Council, 2010-2011

Bar Admissions

  • Louisiana, 2008
  • U.S. District Courts
    • Louisiana: Eastern, Western, Middle
  • Federal Court, 2008

Education

  • Loyola University New Orleans College of Law, J.D., 2008
    • Commencement Speaker
  • Louisiana State University, B.A., Political Science, 2005
    • Student Senate President
    • Leadership LSU
    • Omicron Delta Kappa 

Associations

  • National Association of Bond Lawyers
    • Nominating Committee, 2022
    • Governmental Affairs Committee
      • Chair, 2022-2024
      • Co-Chair, 2021-2022
  • Committee of 100 of Louisiana
  • Louisiana Bar Association
  • Shreveport Bar Association
  • American Bar Association
  • Louisiana Industrial Development Executives Association

Papers, Presentations & Publications

  • Co-Author, "Bond Finance Reference Guide," Council of Development Finance Agencies, July 31, 2023.
  • Presenter, “Closing the Deal,” Council of Finance Development Agencies, Intro Bond Finance Course, March 14, 2023.
  • Featured, "Member Spotlight - Michael J. Busada, Butler Snow, Shreveport, LA," NABL, April 28, 2022. 
  • Presenter, “Intro to Bond Law,” Council of Finance Development Agencies, Virtual Summer School Program, August 4, 2021.
  • Presenter, "Knowing Your Options in the Bond Issuance Process," Louisiana School Board Association, 83rd Annual Convention, March 7, 2021.
  • Presenter, “Demystifying the Bond Issue Process” Louisiana School Boards Association Annual Winter Conference, Baton Rouge, Louisiana, February 17, 2020.
  • Presenter, “Overview Of Municipal Bonds And The Roles Of The Professionals Involved” Louisiana School Boards Association Fall 2019 Trailblazers Series Professional Development, Natchitoches, Louisiana, November 8, 2019.
  • Presenter, “Overview Of Municipal Bonds And The Roles Of The Professionals Involved” Louisiana School Boards Association Fall 2019 Trailblazers Series Professional Development, Kenner, Louisiana, October 21, 2019.
  • Presenter, “New Laws for Bond Issue Continuing Disclosure; How Local Governments Can Stay Compliant and Avoid Civil and Criminal Liability”
  • Presenter, “Utilizing Bond Financing and Economic Development Incentives"
  • Testified before the United States Small Business Administration’s Office of Advocacy regarding federal regulatory reform and its impact on business growth and creation.
  • Guest on Mark Willis’s national radio show to discuss training, workforce development, and federal regulations affecting the trucking industry.

Civic Involvement

  • LSU Health Sciences Shreveport Foundation, Trustee
  • Kappa Sigma Fraternity, Board of Directors, 2019-2021
  • HBCU Legacy Bowl Inaugural Steering Committee Member
  • Capital campaign responsible for developing, funding, and constructing a new $7.5 million Kappa Sigma Fraternity House at LSU, Co-Chairman
  • Shreveport-Bossier Military Affairs Council, Board of Directors
  • Eddie Robinson Legacy Society, National Chairman, 2012-2015
  • Bossier Chamber of Commerce
    • Board of Directors
    • Executive Committee, Community Sustainability Chair
  • Mikie Mahtook Foundation, Board of Directors
  • National Kappa Sigma Endowment Fund, General Counsel, 2007-2017
  • Red River Valley Association, Board of Directors
  • Captain Shreve High School Alumni Association, Board of Directors
  • Roy Griggs School of Business, Board Member (In Conjunction with Southern University Shreveport)