Frequently Asked Questions

Q. Topping Out Ceremonies – What are they?

A. Whether the custom began in Scandinavia or with Native Americans, topping out ceremonies are still an important custom in the steel construction industry. Click here for an article regarding the history of these ceremonies.

Q. Are Lease-Leaseback contracts legal?

A. Yes. There are two significant cases besides the 1973 Attorney General Opinion supporting the legality of Lease-Leaseback contracting.

 Q. Can in-house staff be paid from Bond proceeds?

A. Yes, as long as they are permissable administrative costs directly related to the bond program and not the salaries of teachers or educational administrators. A California Attorney General Opinion (87 Ops. Cal. Atty. Gen.) allowed such expenses and the 2006 decision by the Court of Appeals of California, Sixth Appellate District linked below supports that opinion.

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