Hughes and Strumor, Ltd. Co. provides a combined total of over sixty years of legal experience representing state and local government, quasi governmental entities and private industry in New Mexico. The firm has served as Bond Counsel, Issuer’s Counsel, Special Tax Counsel and Disclosure Counsel and Underwriters Counsel for over 20 billion dollars of tax-exempt and taxable bonds for New Mexico issuers over the past sixteen years. The firm also serves as tax credit counsel with regard to the Low Income Housing Tax Credit program administered by the New Mexico Mortgage Finance Authority. Hughes and Strumor, Ltd. Co. has extensive experience in the tax exempt financing of affordable housing for New Mexico residents and has participated as Bond Counsel in over 200 million dollars of multifamily housing revenue bonds issued by New Mexico cities, counties and housing agencies. Additionally, as bond counsel and issuer’s counsel, the Firm has represented New Mexico counties in the issuance of tax-exempt hospital financings, jail financings, and wind powered electrical generation.

The Firm currently serves as Bond Counsel to Bernalillo County, Dona Ana County, San Miguel County, Southern Sandoval County Arroyo Flood Control Authority, and the Regional Housing Authority for Region II, New Mexico (Santa Fe, Los Alamos, Rio Arriba, San Miguel, Mora and Colfax Counties) the Village of Angel Fire and the Village of Los Ranchos de Albuquerque.

As Special Counsel to the State Transportation Commission and the State Department of Transportation Department of Transportation (“NMDOT”), Hughes and Strumor, Ltd. Co. represented the Commission and the Department with regard to the issuance of over one billion dollars of tax-exempt transportation bonds by the New Mexico Finance Authority (“NMFA”) for the benefit of the NMDOT for road and rail projects known as the GRIP Program.

As Special Tax Counsel and Co-Bond Counsel, the Firm regularly represents New Mexico school districts for the issuance by the districts of tax-exempt bonds, notes and equipment leasing transactions.

The Firm also served as Underwriter’s Counsel to various regional and national investment bonding firms and has represented the underwriters to the NMFA in over 100 million dollars of tax exempt bonds for the Public Project Revolving Loan Fund.

The Firm served as Bond Counsel to the Office of the New Mexico State Treasurer in over four billion dollars of State of New Mexico Tax and Revenue Anticipation Notes and is currently ranked eighteenth in the United States of the top 100 firms as bond counsel for short term issues.

The Firm is rated AV, the highest rating available, by Martindale-Hubbell, Inc. Additionally, the Firm and its lawyers enjoy a national reputation with underwriters, rating agencies, providers of municipal bond insurance, bond trustees, and governmental entities for developing innovative solutions for our clients in the most complex tax-exempt bond transactions.

Hughes & Strumor has been actively involved with the economic development activities of its county clients, serving as bond Counsel and Issuer’s Counsel in over 26 billion dollars of industrial revenue bond financings.

The Firm’s attorneys are also securities lawyers and are listed in the Martindale-Hubbell Bar Register of Pre-Eminent Lawyers for Public Finance and Securities. Tommy Hughes served as the Director of the Securities Division of the New Mexico Department of Regulation and Licensing and drafted the New Mexico Securities Act of 1986, as well as the Regulations under the Act. Robert Strumor served as in house counsel for a New Mexico public company and was an Assistant Attorney General for three years specializing in public finance and government procurement. Since 1977, the Firm’s attorneys have participated in the filing of registration statements and exempt offerings pursuant to federal and state securities laws for corporations, limited partnerships, and, more recently, limited liability companies.

The Firm provides superior services to our clients in all of its engagements. The firm employs the latest state-of the-art technology and has just completed an upgrade of all hardware and software which will enhance the Firm’s ability to deliver transaction documents to all participants through its web site and maintain CD-ROM records of all client matters and will continue to deliver CD-ROM closing transcripts to all participants at the conclusion of each transaction.

Hughes and Strumor, Ltd. Co. is proud of its efficiency, productivity and its ability to afford its clients the highest quality of legal services in a timely manner in accordance with the specific needs of each client. The attorneys and the staff are dedicated to providing personal and immediate attention to all client inquiries and requests and will provide personnel throughout the state upon request.