Onufrak, Michael N.

Foster Clark is a Partner in the Birmingham office and serves as Chair of the firm's Business Section. He has also served as: Chair of the Corporate, Finance and Securities Section, Chair of the Public Finance Practice Group, Chair of the firm's Recruiting Committee, and member of the firm's Executive Committee.

Foster has extensive experience in the roles of bond counsel, underwriter's counsel and disclosure counsel in taxable and tax-exempt bond financings, including state, county and municipal obligations, private activity bonds and revenue obligations of state and local corporations and instrumentalities. Foster has served as bond counsel or underwriter's counsel in the financing of programs and projects by the State of Alabama and its agencies and instrumentalities including:

·        single - and multi-family housing programs of Alabama Housing Finance Authority;

·        general and limited obligation debt financings of the State;

·        financing and refinancing of the Gordon Persons State Office Building;

·        financing and refinancing of the Alabama Supreme Court building;

·        financings and refundings by the Alabama Highway Authority for public roads and bridges;

·        issues by the State Industrial Development Authority to provide funds for industrial development programs;

·        new money and refunding obligations issued by the Alabama Public School and College Authority to finance capital improvements to the elementary, secondary and post-graduate education facilities in the State of Alabama;

·        financings by The Alabama Public Health Care Authority to provide public health facilities throughout the State;

·        revolving fund loan programs by Alabama Water Pollution Control Authority and Alabama Drinking Water Finance Authority for water and sewer projects throughout the State.

Foster has also served as bond counsel in numerous tax-exempt and taxable bond issues for industrial plants, air and water pollution control facilities, and sewage and solid waste disposal facilities in Alabama, Georgia, Tennessee, Florida and Arkansas.