When it comes to creating and implementing partnerships between the public and private sectors, there’s no standard approach or “one size fits all” solution. Every public-private partnership is unique and has its own set of issues that must be carefully managed to achieve the goals of the local government and developer.
Morningstar Law Group knows the options available to local governments and can provide hands-on guidance to developers seeking public support and financing. Our attorneys handled the first special assessment improvement district in North Carolina and remain at the forefront of public-private partnerships involving special assessments, synthetic tax increment financing, and development agreements. In addition, we work on mixed use, hospitality and warehouse/distribution developments that require public investment to become reality.
When negotiating with local governments, our attorneys bring practical experience and credibility to the table. We have worked extensively with elected officials, city managers, city attorneys, and planning directors in small towns and large cities across North Carolina to reach agreements. We also work closely with engineers, architects, landscape architects, and economists who can play a key role in garnering public support for public-private partnerships.