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McCall, Parkhurst & Horton L.L.P. ("McCall") has practiced exclusively in the area of public finance
<br />law since its creation in 1919. The firm's opinion (as to the validity and enforceability of a public entity's debt
<br />obligations and, later, tax exemption) was the first given by a Texas firm accepted in the national securities
<br />markets. We axe the only law firm in Texas, and one of a few law firms nationwide, that specialize solely in
<br />the field of public finance. The firm is composed of 23 attorneys located in Dallas, San Antonio, and Austin.
<br />McCall is the leading bond counsel in Texas and routinely ranks in the top ten bond counsel firms
<br />nationally. Historically, the firm has served as bond counsel for more issuers of public securities than any
<br />other law fixm in the southwestern United States. Our high national ranking is not only an indication of the
<br />stature of the firm in the public finance industry, but more importandy, an indication of the depth and
<br />breadth of our practice. We consistently achieve our high rankings by holding ourselves to the highest
<br />standards of technical experrise, professional dedicarion, client service and ethical responsibility.
<br />McCall represents some of the largest and most sophisticated issuers in the country, including the
<br />Cities of Austin, Dallas and Fort Worth, the Dallas/Fort Worth Internarional Airport, the North Texas
<br />Tollway Authority, the Texas Department of Transportation, the Texas Water Development Board, the
<br />University of Texas System, Texas A&M University System, Texas State Universiry System, and many more.
<br />McCall has been a leader in drafting legislarion and developing innovarive financing techniques in Texas.
<br />The following tables summarize the number of transactions and dollar value of public finance issues
<br />for which McCall has served as bond counsel in recent years:
<br />Narional and State Ranldn sl
<br />Na
<br />tional Ranking
<br />Year
<br />Rank
<br />Par Amount
<br />No. of Issues
<br />2011
<br />8
<br />$6,941,800,000
<br />291
<br />2014
<br />7
<br />$11,467,060,000
<br />360 :
<br />2009
<br />5
<br />$9,390,700,000
<br />258
<br />2008
<br />6
<br />$11,276,400,000
<br />238
<br />2007
<br />8
<br />$9,221,500,000
<br />292
<br />2006
<br />5
<br />$10,992,000,000
<br />282
<br />2005
<br />S
<br />$8,770,900,000
<br />310
<br />2004
<br />14
<br />$5;080,900;000
<br />250 ;
<br />2003
<br />10
<br />$6,149,600,000
<br />292
<br />2002
<br />5 -
<br />$8;500;400,000
<br />3?4
<br />Texas Ranking
<br />ank
<br />Par rlmount
<br />No. of Issues
<br />1
<br />$6,760,100,000
<br />283
<br />1
<br />$1.1;419,30Q,000
<br />355
<br />1
<br />$9,206,700,000
<br />230
<br />1
<br />$11,2151006,00"O
<br />229
<br />2
<br />$7,703,400,000
<br />232
<br />1 `
<br />$10~961,200,Q90 '
<br />271
<br />1
<br />$8,677,000,000
<br />295
<br />2
<br />$5,03~,800~,0',OOx ,
<br />,
<br />238:
<br />2
<br />$6,113,900,000
<br />264
<br />1
<br />' $8~;446,000,000 :
<br />-297,
<br />1 As reported by Thomson Reuters in its US Municipals Review; excludes private bank placements and remarketing of
<br />variable rate demand obligations.
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