Ujaala Rashid-Ferraro is a member of Winstead’s Public Finance practice group, where she has experience representing bond issuers, including special districts, counties, municipalities, school districts, and higher education systems. In addition to her work as bond counsel, she has also worked as underwriter’s counsel, trustee’s counsel, and developer’s counsel and has experience at all stages of a wide range of transactions.
Prior to joining Winstead, Ujaala served as an Assistant County Attorney at the Travis County Attorney’s Office, handling various transactional matters, including land use and economic development issues, public improvement districts, and bond issuance and election issues. Before her time at the Travis County Attorney’s Office, Ujaala worked as an Assistant Attorney General in the Public Finance Division of the Texas Attorney General’s Office, handling the review of bond transcripts for state law compliance.
With a substantial background in public service, Ujaala understands the needs of a variety of debt issuers and the legal requirements necessary for a successful debt issuance.
Representative Experience
- Counsel to a large state university system in connection with the issuance of over $400 million in revenue financing system bonds
- Counsel to a large state university system in connection with the issuance of both taxable and tax-exempt commercial paper
- Counsel to a number of special districts within Texas in connection with the issuance of road and utility bonds
- Counsel to a municipality in north Texas in connection with the municipality’s first special assessment revenue bond for a public improvement district
- Developer’s counsel in connection with the creation of public improvement districts, and drafting and negotiation of development agreements and reimbursement agreements related to such districts
- Trustee’s counsel in connection with a number of public improvement district transactions
- Legal review and assistance in drafting of local public improvement district policies
- Legal review of transcripts for a variety of debt obligations, identification of legal deficiencies in such transcripts, and review and issuance of opinions regarding the legal sufficiency of such debt obligations
- Tracking and monitoring of changes in legislation affecting public finance-related statutes during several legislative sessions