Elizabeth A. Grob
Email:
Tel/Direct:
515-246-0305
Tel/Main:
515-243-7611
Address:
100 Court Avenue, Suite 600
Des Moines, IA 50309-2231
Practice Groups
Court Admissions
All Iowa Courts
U.S. District Courts – Northern and Southern Districts of Iowa
Education
J.D. (with Honors), Drake University, 1996
M.A., University of Missouri, 1990
B.S., University of Mississippi, 1988
Bar Admissions
Iowa, 1996
Background
As a bond lawyer, Beth spends the majority of her time assisting community college and school district clients in the issuance of governmental bonds. As bond counsel, Beth guides the issuer in its preparations for debt issuances, and prepares all proceedings and approvals necessary to authorize the issuance and delivery of the obligations to the initial purchaser. In this role, Beth assists clients with regard to state and federal laws, including applicable federal tax and securities regulations, and provides a validity and tax opinion upon issuance. Beth also spends a significant amount of time assisting her clients with finance issues that are unique to community colleges and school districts.
Beth has served as bond counsel for the issuance of general obligation bonds, parity and subordinate sales tax revenue bonds, and, with the adoption of the American Reinvestment and Recovery Act, Qualified School Construction Bonds and Qualified Zone Academy Bonds. As a member of the National Association of Bond Lawyers, Beth stays current on the latest federal municipal tax and securities regulations.
In addition to governmental bond issues, Beth represents Iowa Public Agency Investment Trust, a local government investment pool of cities, counties and municipal utilities with over $500,000,000 currently under management; Iowa Schools Joint Investment Trust, a local government investment pool of community colleges and school districts with over $400,000,000 currently under management; and Iowa Communities Assurance Pool, a government risk pool that provides general liability insurance coverage to cities and counties throughout Iowa.
Beth was born and raised in St. Louis, Missouri. After college, Beth worked in the labor relations department of a major St. Louis area employer, which is what started her interest in the practice of law. A graduate of Drake Law School, she was a member of the Drake Law Review.
Representative Projects
- Counsels school districts in the negotiation and drafting of agreements.
- Counsels school districts in the issuance of general obligation and revenue bond financings, including Qualified School Construction Bonds and Qualified Zone Academy Bonds.
- Counsels school districts in connection with public investments and use of various revenue sources.
- Counsels governmental entities in connection with corporate governance issues.
Memberships
American Bar Association – Sections: Government Practice, State and Local Law; Past Section Member: Young Lawyers Division
Iowa State Bar Association
Polk County Bar Association
Dallas County Bar Association
National Association of Bond Lawyers
Council of School Attorneys
Order of the Coif
Recognitions
Martindale-Hubbell® – AV® Rating
Best Lawyers in America© - Municipal Law (2013-2020)
Iowa State Bar Association, Young Lawyers Division, Star of the Quarter (2000-2001)
Speaking/Presentations
Beth's most recent speaking engagements include:
Iowa State University, 2019 Iowa Municipal Professionals Institute & Academy, “Public Funds,” July 2019
Iowa State University, Iowa School Business Management Academy, “Legal - Bonding & Contracting,” with Ron Peeler, May 2019
Iowa Association of School Boards, Policy Leadership & Legal Issues Conference, “How Much Oversight is Enough? The Board’s Responsibility to School Financial Records and Reports,” April 2019
Ahlers & Cooney P.C., Webinar, "SEC Amendments to Rule 15c2-12 on Disclosure for Municipal Securities," January 2019
Iowa Association of School Business Official, Spring Conference, "Post Issuance Compliance" with Ron Peeler, March 2017
Ahlers & Cooney, P.C., Post Issuance Compliance for Bonds Seminar, "Secondary Market Disclosure/ Continuing Disclosure Obligations," October 2016
Municipal Clerks’ Institute, Faculty, “Investment of Public Funds and Public Funds Collateralization,” 2007 - present
Iowa Superintendents’ Finance & Leadership Consortium, Faculty, “Facility Construction: Planning to Finish,” 2004 - present
Published Articles & Books
“SEC Creates New Disclosure Obligations,” Cityscape, Iowa League of Cities, Vol. 73, March 2019, Co-author
“Report of the Committee on Public Education: Recent Developments in Public Education Law,” The Urban Lawyer, Vol. 31, Winter 1999, Co-author
“Report of the Committee on Public Education: Recent Developments in Public Education Law,” The Urban Lawyer, Vol. 29, Fall 1997, Co-author
“Report of the Committee on Public Education: Recent Developments in Public Education Law,” The Urban Lawyer, Vol. 28, Fall 1996, Co-author
“Planning and Financing School Improvement and Construction Projects,” 57 NOLPE Monograph Series, 1996 (Edgar Bittle, ed.), Contributing Author
Professional, Community and Civic Leadership
Iowa Legal Aid, Volunteer Intake Attorney
Iowa State Bar Association, Membership Committee (1998-2003), Past Co-Chair (2002-2003)
Lutheran Church of Hope