by Bob Jessup | Aug 15, 2022 | Blog
Over the last few months, we have worked as bond counsel with two towns that wanted to assemble land for economic development, and that needed to borrow money to pay for the land. The towns took different approaches that illustrate the flexibility available for this...
by Bob Jessup | Aug 8, 2022 | Blog
Most of us have heard of the “Black Tax,” a shorthand reference to the ways that the structure of our society and economy imposes extra financial burdens on Black folks. It shows up even in our lovely little world of municipal finance. Black Tax: Evidence of Racial...
by Sanford Holshouser LLP | Jul 26, 2022 | Blog
We have been working as special counsel to the Town of Fletcher to facilitate a public-private partnership to redevelop the Heart of Fletcher downtown area. Our team, led by Ashley Anderson, has worked with the Town Manager, Assistant Town Manager, and...
by Bob Jessup | Jul 25, 2022 | Blog
We wrote previously about North Carolina legislation proposed last year that proposed changes to the rules for authorizing general obligation bond referenda under the guise of “bond referendum transparency.” Those provisions have now been enacted into law, with no...
by Sanford Holshouser LLP | Jul 21, 2022 | Blog
As of January 1, 2022, elected officials may not participate in making or administering contracts to nonprofit organizations with which they are associated. This prohibition is part of SB 473 which aims to prohibit conflicts of interest among local...
by Bob Jessup | Jul 20, 2022 | Blog
Lawyers often ask their local government clients to waive conflicts of interest. Here are some suggested rules for how a local government should handle conflict waiver requests from its outside lawyers: Rule #1 Keep in mind that it’s in the outside lawyer’s interest...
