N. Banu Basaran

Banu regularly serves as bond counsel, underwriter’s counsel, or disclosure counsel in connection with tax-exempt and taxable municipal financings.  She advises on the legal and regulatory aspects of public finance transactions, including securities disclosure, tax compliance, and financing documentation for a wide range of infrastructure, redevelopment, and public-purpose projects.

A significant portion of Banu’s practice involves structuring economic development incentives and public-private development arrangements for major development, infrastructure and technology projects.  She works closely with municipalities, developers, and project sponsors to design financing and incentive frameworks that support large-scale investments while aligning with local economic development goals.

Banu advises on data center development and digital infrastructure projects, including the application of Michigan’s Industrial Facilities Tax Exemption (Act 198), Qualified Data Center sales and use tax exemptions, and benefits available under the Commercial Rehabilitation Act (Act 210) in connection with large-scale development projects.  In this role, she assists project sponsors and local governments in evaluating incentive eligibility, structuring development and financing strategies, and navigating regulatory guidance.  Her practice also includes advising on redevelopment and incentive structures, including tax increment financing, brownfield redevelopment programs, and other economic development tools used to support significant private investment projects.