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CITY OF SAN DIEGO v. RIDER

Docket No. D025921.

47 Cal.App.4th 1473 (1996)

CITY OF SAN DIEGO et al., Plaintiffs and Respondents, v. RICHARD RIDER et al., Defendants and Appellants.

Court of Appeals of California, Fourth District, Division One.

July 30, 1996.

Attorney(s) appearing for the Case

COUNSEL

Carl Fabian, Eric Norby and Lewis A. Wenzell for Defendants and Appellants.

Jonathan M. Coupal as Amicus Curiae on behalf of Defendants and Appellants.

John W. Witt, City Attorney, Casey G. Gwinn, Assistant City Attorney, Luce, Forward, Hamilton & Scripps, Charles A. Bird and Thomas A. May for Plaintiffs and Respondents.

Seltzer, Caplan, Wilkins & McMahon, Brian T. Seltzer, Virginia C. Pearson and Julie P. Dubick as Amici Curiae on behalf of Plaintiffs and Respondents.

OPINION

HALLER, J.

In this case we determine whether a lease-back financing arrangement to fund improvements to San Diego Jack Murphy Stadium (stadium) is valid. Under this arrangement, (1) the Public Facilities Financing Authority of The City of San Diego (agency) will lease the stadium from The City of San Diego (city), construct the improvements to the stadium and finance the construction by selling bonds to the public; (2) the...

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