by Bob Jessup | Jun 1, 2014 | Blog
Every lawyer probably has his or her own list. Let me mention three that affect the North Carolina local government and public finance practice. Change the existing prohibition on “gifts and favors” Section 133-32 of the General Statutes may be the biggest joke in the...
by Bob Jessup | May 4, 2014 | Blog
“I guess I can give you that information — it’s a matter of public record.” Most of us lawyers who work with local governments have heard this – many of us probably have said it. But just because a piece of information is a public record, that doesn’t mean a...
by Bob Jessup | Apr 11, 2014 | Blog
We’ve all been in meetings like this — I just didn’t know there was an accepted term for the phenomenon – Imagine a city council meeting with three agenda items: a $100 million power plant zoning approval, a request to build a $10,000 bike rack for city...
by Bob Jessup | Mar 20, 2014 | Blog
You can’t finance a house without signing completed loan documents in front of an attorney, or at least a legal assistant under direct supervision (meaning generally, in the same room or maybe the next room) of an attorney. You can’t even finance a car without signing...
by Bob Jessup | Mar 10, 2014 | Blog
At this time of year, as we move into budget season, I think it’s a good idea to remind folks of a local government’s authority to issue “two-thirds” general obligation bonds. Under North Carolina law, a local government can issue general obligation bonds in a fiscal...
by Bob Jessup | Feb 24, 2014 | Blog
Ever since the LGC started its project to write down rules for the allowed maturities on local government financings, I have been highly critical of the proposed rules as they apply when local government units want to refinance debt originally issued to the United...
