by Bob Jessup | Jan 2, 2015 | Blog
Interest rates tend to be lower at the beginning of the calendar year, and business is customarily slow for lenders at the start of the year as well. Those two trends make January a great time to review your outstanding debt and ask your friendly neighborhood bankers...
by Bob Jessup | Dec 9, 2014 | Blog
We now have the official calendar for meetings of the Local Government Commission for 2015. We thought a table might be handy. Along with the meeting dates, this table shows the dates 28 days prior to the meeting, because generally the Commission staff wants a fairly...
by Bob Jessup | Dec 1, 2014 | Blog
We are taking a different approach today at the blog and checking in with the Town of Hillsborough, the only local government to-date that has used Special Assessment Revenue Bonds as part of the new authority authorized in 2008 (and set to expire in 2015). Often, the...
by Bob Jessup | Oct 30, 2014 | 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...
by Bob Jessup | Oct 15, 2014 | Blog
When a North Carolina local government unit applies to the Local Government Commission (the “LGC”) for its approval of an installment financing, the unit has to supply an opinion of the unit’s attorney as part of the application package. The LGC’s Form The LGC’s...
by Bob Jessup | Oct 10, 2014 | Blog
Recent changes to North Carolina election laws restrict a local government’s ability to hold referenda on general obligation (“G.O.”) bonds. The main takeaway is this: G.O. bond elections now can be held only on dates when all the voting precincts in the...
