Parking Partnership Leadership
This project is being managed by the Office of Performance Management with assistance from the Division of Student Affairs and the Division of Business and Financial Affairs. The project also has involvement from various University representatives including the Board of Trustees, Faculty, Staff, and Students through multiple committees:
Project Team
The project team was tasked with providing recommendations and direction to the project prior to the December 2017 draft RFP issuance. The project team included particpipation from the following members:
Ben Rogers | Office of Performance Management | |
Boyd Yarborough | Division of Student Affairs | |
Stephanie McHenry | Division of Business and Financial Affairs | |
Tim Long | Office of Performance Management | |
Clare Rahm | Campus Support Services | |
Bruce Ferguson | Office of the University Architect | |
Roby Simmons | Maxine Levin College of Urban Affairs | |
Jack Baumann | Facilities Services | |
Nadet Najjar | Student Government Association |
Working Group
The working group was tasked with developing the plans, working with constituents, and ensuring the project moved forward. The working group reported to the project team and coordinated with the external consultants, legal teams, and stakeholder groups. The working group members were:
Ben Rogers | Office of Performance Management |
Jack Baumann | Facilities Services |
Clare Rahm | Campus Support Services |
Bruce Ferguson | Office of the University Architect |
BUDGET TASK FORCE
The Budget Task Force is focused on understading the impact that this deal will have on the University budget structure. The team includes the following members:
Ben Rogers | Office of Performance Management |
Tim Long | Office of Performance Management |
Bonnnie Kalnasy | Budget and Financial Analysis |
External Consultants
Assisting the University with this project are two industry leading firms with years of experience in dealing with Public Private Partnerships:
Jones Lang LaSalle
- Publicly-traded Fortune 500 professional services company specializing in commercial real estate, finance and Public-Private Partnership advisory.
- Over $5.8 billion in annual revenues and 77,000 employees worldwide, including 20,000 professionals in the U.S., JLL operates in 80 countries from more than 1,700 locations worldwide and over 300 corporate offices.
- JLL Public Institutions Practice focuses exclusively on advisory services to government authorities.
- Has successfully advised over 225 public entities on P3s at the federal, state, and local level, including over 80 higher education institutions
Squire, Patton, Boggs
- Founded in Cleveland in 1890, Squire Patton Boggs (SPB) now comprises nearly 1,600 attorneys in 46 offices in 21 countries, and offers a global top-10 legal services practice.
- SPB advises public sector clients on all legal aspects of the planning, procurement, financing, consummation and operation and maintenance of infrastructure projects and is keenly aware of the issues facing public entities with respect to infrastructure projects such as parking facilities.
- SPB is one of the largest, most experienced public finance law firms in the nation and has rendered opinions as bond counsel, disclosure counsel and underwriter's counsel on tax-exempt obligations at all governmental levels.
- For decades, SPB has assisted Cleveland State University in planning and financing many of its major capital improvement projects serving in such capacities as bond counsel, underwriter counsel and special counsel.
PFM Financial Advisors
- The PFM Group of companies are national leaders in providing financial and investment advisory services from our 39 professional locations in the U.S. with over 600 professionals provide advisory services primarily to municipal and governmental entities.
- Our professionals have specialized expertise dedicated exclusively to specific sectors and disciplines, including Higher Education and Public Private Partnerships.
- Since 2012, PFM has advised on more than Forty P3 engagements, including executed transactions totaling more than $2.8 billion
- PFM has provided advisory services to Ohio municipal issuers for more than 30 years and serves state-level, local government, and higher education and not-for-profit institutions throughout Ohio from our offices in Cleveland and Columbus
- PFM has provided advisory services to Cleveland State University and the Euclid Avenue Development Corporation for almost 10 years