Ontario Airport Authority
O’Melveny represented the airport authority in an historic transaction enabling the airport’s transfer from the City of Los Angeles to the authority. O’Melveny helped create the authority pursuant to a joint powers agreement between the City of Ontario and the County of San Bernardino. O’Melveny subsequently counseled on various transactional matters in connection with the transfer, including the authority’s inaugural issuance of its own revenue bonds, the proceeds of which were used to refund the City of Los Angeles’s Ontario airport bonds concurrently with the transfer of the airport in November 2016. At a ceremony marking the transfer, Los Angeles Mayor Eric Garcetti, Senator Diane Feinstein, and Michael Huerta, the Administrator of the Federal Aviation Administration, among other dignitaries, lauded the completion of the transaction.