by Robert Jessup | Mar 26, 2025 | Blog
The State statutes and the tax-exempt bond rules generally provide that borrowed money can only be used to pay “capital costs” of a project. But what is a “capital cost,” or a “capital expenditure,” exactly? Let’s split the question into a few sections. For new...
by Emily Jessup & AJ Jessup | Mar 21, 2025 | Blog
We were among the 800+ folks at the North Carolina Main Street conference March 11-13 in Mooresville. So many interesting sessions and bits of advice, including the following: If you don’t trust the private partner in your public-private...
by Robert Jessup | Mar 19, 2025 | Blog
Just about every community in North Carolina agrees that it has a housing problem. In most cases, it’s a need for housing across the board. There are several recognized ways for local governments to provide direct assistance to undertakings to develop housing for...
