• office locations
     
    Bluffton, SC map
    Bluffton, SC Office
    The Plaza at Belfair
    4 Clarks Summit Drive
    Suite 200 | Bluffton, SC 29910-4993
    843.815.2171  Main | 843.815.5991  Fax
     
    Charleston, SC map
    Charleston, SC Office
    100 Calhoun Street
    Suite 400 | Charleston, SC 29401
    843.723.7831  Main | 843.722.3227  Fax
     
    Charlotte, NC map
    Charlotte, NC Office
    Bank of America Plaza
    101 South Tryon Street
    Suite 2610 | Charlotte, NC 28280
    704.347.1170  Main | 704.347.4467  Fax
     
    Columbia, SC map
    Columbia, SC Office
    1221 Main Street
    Suite 1800 | Columbia, SC 29201
    803.799.9800  Main | 803.753.3278  Fax
     
    Greenville, SC map
    Greenville, SC Office
    Poinsett Plaza
    104 South Main Street
    Suite 700 | Greenville, SC 29601
    864.271.4940  Main | 864.271.4015  Fax
     
    Hilton Head Is., SC map
    Hilton Head Island, SC Office
    Shelter Cove Executive Park
    23-B Shelter Cove Lane
    Suite 400 | Hilton Head Island, SC 29928
    843.785.2171  Main | 843.686.5991  Fax
     
    Myrtle Beach, SC map
    Myrtle Beach, SC Office
    Founders Centre
    2411 Oak Street
    Suite 206 | Myrtle Beach, SC 29577
    843.444.1107  Main | 843.444.4729  Fax
     
  • contact us
      No   Yes  
PROFESSIONALS OTHER CONTENT
     
Instagram

Michael W. Burns

Shareholder

864.552.9344 Direct
864.271.4940 Main
864.271.4015 Main Fax
mburns@mcnair.net
Download vCard
Greenville, SC Office
104 South Main Street
Suite 700
Greenville, SC 29601
Assistant
Tracey McGovern
tmcgovern@mcnair.net
864.271.4940 Direct
Print

Overview

Mike Burns works with cities, counties, school districts and special purpose districts in obtaining financing (general obligation bonds, revenue bonds, lease-purchase transactions, and other financing mechanisms) to pay for public projects. Mike also works with businesses and local governments in negotiating and implementing economic development incentives with state and local governments in order to facilitate new investment or expansions in the State of South Carolina. Mike is uniquely suited to advise clients as to the opportunities, and limitations, of public-private development or redevelopment of large-scale projects.

Public Finance

  • Assisted a city with financing the acquisition, construction and repair of recreational facilities in the total amount of approximately $7,800,000 through the use of New Market Tax Credits.
  • Assisted a city with financing the acquisition and construction of a parking garage in the total amount of approximately $15,000,000 through the use of New Market Tax Credits.
  • Assisted a city with financing the construction of airport improvements in the total amount of approximately $3,800,000 through the use of New Market Tax Credits.
  • Assisted a city with financing the acquisition and construction of Olympic-caliber cycling facilities in the total amount of approximately $5,000,000 through the use of New Market Tax Credits.
  • Assisted a city with financing improvements and renovations to facilities for the recruitment of economic development in the total amount of approximately $5,200,000 through the use of New Market Tax Credits.
  • Assisted a developer with financing a commercial development in the total amount of approximately $11,800,000 through the use of New Market Tax Credits.
  • Assisted a company with financing certain improvements to its manufacturing facility in the total amount of approximately $13,500,000 through the use of New Market Tax Credits.
  • Assisted a community loan fund with its participation in a shopping center development in the total amount of approximately $6,200,000 through the use of New Market Tax Credits.
  • Bond Counsel to a county in connection with the issuance of $40,000,000 in General Obligation Bond Anticipation Notes to be repaid with Capital Projects Sales Tax proceeds.
  • Assisted cities with financing tourism-related improvements through Hospitality Tax Bonds and Enterprise Financing Agreements.
  • Assisted cities, counties and school districts with the issuance of Tax Anticipation Notes.
  • Bond Counsel to a county and a special purpose district in connection with the issuance of Solid Waste System Revenue Bonds to finance system improvements.
  • Assisted with multiple Installment Purchase Revenue Bond financings for school districts through South Carolina Association of Governmental Organizations (SCAGO).
  • Counsel to SCAGO corporations entering into forward delivery agreements and repurchase agreements in connection with investment of bond proceeds (debt service reserve funds and project funds).
  • Bond Counsel for five separate series of Special Source Revenue Bonds (2004, 2006, 2007, 2008A and 2008B) for a county totaling $19,500,000 to pay for public infrastructure to enhance county’s economic development.
  • Bond Counsel for cities in connection with the issuance of Tax Increment Bonds to pay for publicly-owned improvements to redevelopment blighted conditions.
  • Assisted a city in connection with the purchase of a portion of a water system from a private provider.
  • Bond Counsel to a utility system in connection with financing of extensions and improvements to its system through revenue bonds, State Revolving Fund loans, and replacement of debt service reserve funds.
  • Assisted a county with the acquisition of 800 MHz Emergency Communication Equipment and facilities through approximately $8,500,000 in lease-purchase arrangements.
  • Assisted a city with the acquisition of advanced metering equipment for its utility system through approximately $6,900,000 in lease-purchase agreements.

Economic Development

  • Assisted a developer in obtaining city and county tax credits in connection with the renovation of a former textile facility pursuant to the Textiles Communities Revitalization Act.
  • Assisted a developer with the establishment of a Municipal Improvement District by a city to finance the acquisition of public infrastructure through the imposition of special assessments.
  • Fee-In-Lieu of Tax arrangement for $45,000,000 investment in headquarters for communications company in Greenville County.
  • Fee-In-Lieu of Tax arrangement for $25,000,000 expansion of chemical manufacturer in Greenville County.
  • Fee-In-Lieu of Tax arrangement for $100,000,000 investment in headquarters for banking corporation in Greenville County.
  • Fee-In-Lieu of Tax arrangement for $63,000,000 expansion of film manufacturer in Greenville County.
  • Fee-In-Lieu of Tax arrangement for $40,000,000 investment in plastics manufacturer in Laurens County.
  • Fee-In-Lieu of Tax arrangement for $30,000,000 expansion of ceramic manufacturer in Greenville County.
  • Fee-In-Lieu of Tax arrangement for $6,000,000 expansion of plastics manufacturer in Spartanburg County.
  • Assisted counties, cities and businesses with the financing of infrastructure and real property through the establishment of Joint County Industrial and Business Parks and the issuance of Special Source Revenue Bonds or Infrastructure Financing Agreements.
  • Council Member, Government Law Section, South Carolina Bar
  • Graduate, Leadership Greenville (2003)
  • Named, The Best Lawyers in America© (2016-2019)
    • "Lawyer of the Year," Economic Development Law - Greenville (2019)
    • "Lawyer of the Year," Public Finance Law - Greenville (2018)
  • Named, Legal Elite of the Upstate, Greenville Business Magazine (2014-2015, 2017-2018)
  • Best and Brightest 35 and Under, Greenville Business Magazine (2004)