Following the construction industry and related legal topics in the United States.


Thursday, July 27, 2006

Public School Districts and Private Developers Consider Opportunities for Long-Term Lease of Privately-Constructed Schools

A July 27th article in the Raleigh News & Observer suggests that local public school planners and private developers are wasting no time in seizing a new opportunity to enter long-term leases of schools to be constructed by private developers. The new private construction/public lease arrangement could help ease acute school construction needs under legislation recently passed by North Carolina's General Assembly. For the full story, see here.

For a summary of the legislation, which was presented to Gov. Easley for signature on July 18, see here.

-Liz Riley

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