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NORTON v. LIMBACH

No. 14085.

65 Ohio App.3d 709 (1989)

CITY OF NORTON, Appellee, v. LIMBACH et al., Appellants.

Court of Appeals of Ohio, Summit County.

Decided December 20, 1989.

Attorney(s) appearing for the Case

David A. Rogers, for appellee.

Fred J. Deuber, for appellants.

REECE, Judge.

On August 3, 1988, Summit Energy Storage, Inc. ("Summit Energy") entered into a written agreement with the city of Norton, Ohio ("Norton"), wherein Norton agreed to issue industrial revenue bonds pursuant to Section 13, Article VIII, Ohio Constitution and R.C. Chapter 165, in an amount not to exceed $750 million. Norton and Summit Energy agreed that interest payable to bond purchasers would be subject...

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