GEORGE ROSE SMITH, Justice.
In 1977 the principal appellant, an improvement district, was organized to construct facilities for off-street parking in Fayetteville. Within the next two years the City of Fayetteville constructed near the downtown square a 40,000-square-foot building containing an auditorium, meeting rooms, and office space. In October, 1979, the City executed a 23-year lease of the building to the University of Arkansas, the building to be used as a...
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