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Archive for June, 2008

The true lesson that every community must take from AT&T’s “out of the blue” departure is that the best medicine against these types of events is to “Grow Your Own!” One thing my years as an economic developer and now as an economic development lawyer have taught me is that locally owned companies do not leave their home towns, unless you ignore them.

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Public Development Financing is the use of unrealized public dollars to finance private development projects through public-private partnerships. This type of financing is nothing new, however, may smaller communities have not taken advantage of the tools available to them and many developers are not aware of the opportunities for this type of financing in smaller communities.

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In desperation, homeowners’ creativity has led them to claim they discovered multiple defects with their homes. The lure of “easy money” tempts the homeowner to file claims against the builder seeking a monetary settlement from the builder’s insurance or the builder. The target of these construction defect claims are often small and medium size residential builders.

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