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EL PASO CO. COM. COL. DIST. v. CITY OF EL PASO

No. 14309.

698 S.W.2d 248 (1985)

EL PASO COUNTY COMMUNITY COLLEGE DISTRICT, et al., Appellants, v. CITY OF EL PASO, Texas, Appellee.

Court of Appeals of Texas, Austin.

Rehearing Denied November 6, 1985.

Attorney(s) appearing for the Case

Michael C. Crowley, Edward W. Dunbar, Christie, Berry & Dunbar, El Paso, for El Paso County Community College Dist.

Sam Sparks, S. Anthony Safi, Grambling & Mounce, El Paso, for El Paso ISD.

John F. Boyle, Jr., Diamond, Rash, Leslie & Smith, El Paso, for City of El Paso, Tex.

Jim Mattox, Atty. Gen., Susan Lee Voss, Asst. Atty. Gen., Austin, for Atty. Gen. of Texas.

Before POWERS, EARL W. SMITH and CARROLL, JJ.

CARROLL, Justice.

The City of El Paso ("City") obtained a declaratory judgment from the district court of Travis County concerning The City's authority to issue tax increment bonds pursuant to the Tax Increment Financing Act of 1981, Tex.Rev.Civ.Stat.Ann. art. 1066e (Supp.1985). We will reverse the judgment of the trial court.

TAX INCREMENT FINANCING

1. In General. Tax increment financing is a vehicle whereby incorporated towns or cities can...

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