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ILLINOIS DEV. FINANCE AUTHORITY v. BEAN

No. 85-182.

138 Ill. App.3d 401 (1985)

485 N.E.2d 1202

THE ILLINOIS DEVELOPMENT FINANCE AUTHORITY et al., Plaintiffs-Appellants, v. RONALD BEAN, Executive Director, Illinois Development Finance Authority, Defendant-Appellee.

Appellate Court of Illinois — First District (2nd Division).

Rehearing denied December 10, 1985.

Attorney(s) appearing for the Case

Chapman & Cutler, of Chicago (James E. Spiotto, Ann Acker, and Maureen W. Fairchild, of counsel), for appellants.

Isham, Lincoln & Beale, of Chicago (Julian C. D'Esposito, Jr., and Robert T. Isham, Jr., of counsel), for appellee.

Order affirmed.

PRESIDING JUSTICE STAMOS delivered the opinion of the court:

This is an appeal from the denial of plaintiff's motion for summary judgment and the granting of defendant's motion for summary judgment. Plaintiffs, Illinois public utilities, sought a declaration that certain construction projects proposed by them fell within the scope of the Illinois Development Finance Authority Act and were therefore financeable through tax-exempt Illinois bond...

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