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Financing Capital Projects—Part II: Special Levies

January 29, 2013

Blight City has fallen on hard times. Its population has declined significantly since the 1990s, due in large part to the shuttering of two large manufacturing plants. Emblematic of the city’s decline is its central downtown area. Once a vibrant community center, it is now comprised mainly of run-do … Continued

Economic Development through Higher Education Downtown

October 4, 2012

Bulldogs, Quakers, Titans, Lions, Spartans, Panthers, a Phoenix, even Belles. Guilford County is home to a menagerie of mascots representing various institutions of higher education, but only one, the aptly named Phoenix belonging to Elon University, has a physical presence in downtown Greensboro. W … Continued

Funding Capital Projects in a BID (Business Improvement District)

March 29, 2011

Kara Millonzi is a School of Government faculty member. As discussed in a previous post, a North Carolina municipality may establish a special tax district that encompasses its central downtown area to raise money to fund “downtown revitalization.” See G.S. 160A-536(a)(2). The special tax district i … Continued