County Water and Sewer Districts were created to allow counties to provide water and sewer service to discrete populations. With encouragement from USDA lending programs, many counties created several of these districts, especially counties in rural areas. Over time,...

 “Green Bonds” are bonds issued to fund an environmentally friendly or beneficial project. Bond issuers attach the “green” label on bonds in hopes of receiving a lower interest rate than they would otherwise. This once-theoretical benefit to issuers of Green...

Back in March 2021, members of the North Carolina State Senate sponsored a bill known as “SB 265” and entitled, “Bond Referendum Transparency.” As the title suggests, the bill is part of a recent trend to disseminate information to a voter on a bond referendum beyond...

Happy New Year! As 2022 begins, we offer this list of items to keep in mind as you plan for new capital projects and manage your existing projects. Here are a few things to think about at least once a year: Compliance with financing covenants. If you have any...

We now have the official 2022 calendar for meetings of the Local Government Commission. We thought a table might be handy. In addition to the meeting dates, this table shows the application due dates, as established by the LGC staff. We’ve also noted the dates 45 days...

Recently, the public finance sector of our Firm has examined how bond proceeds affect land use by municipalities. In particular, we have looked at how land once acquired with bond proceeds may be put to a different use or purpose. 160A-11 of the General Statutes gives...

County Water and Sewer Districts were created to allow counties to provide water and sewer service to discrete populations. With encouragement from USDA lending programs, many counties created several of these districts, especially counties in rural areas. Over time,...