| Miller v. City of Buhl, 284 Pac. 843 (Idaho 1930) Category: ID Sub-category: Case Law In this case, the city intended to enter into a contract to build and purchase a power plant. Under the agreement, the city incurred no general obligations, but would make installment payments out of a special fund supplied by charges collected for electricity service. The Idaho Supreme Court prohibited the city from finalizing the contract, reasoning that it violated the state constitution restriction on municipal indebtedness. |
| Pleasant Township v. Aetna Life Ins. Co., 138 U.S. 67 (1891) Category: ALL Sub-category: Case Law In this nineteenth century case, the Court held that an Ohio statute authorizing certain townships to issue bonds for railroad construction violated the state constitution’s prohibition on providing public aid to private corporations. |
Public Authorities Blog- Fourth Circuit dismisses lawsuit over municipal bonds used to finance city golf course June 7, 2019
- Links roundup—featuring corporate subsidy and corruption concerns April 24, 2019
- Economic development corporations aren’t entitled to sovereign immunity, according to the Texas Supreme Court April 19, 2019
- NY Court of Appeals affirms ABO’s separate reporting requirement for IDA and affiliated LDC March 27, 2019
