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MONARCH TILE, INC. v. CITY OF FLORENCE

No. 99-11372.

212 F.3d 1219 (2000)

MONARCH TILE, INC., Plaintiff-Appellant, v. The CITY OF FLORENCE, Defendant-Appellee.

United States Court of Appeals, Eleventh Circuit.

May 25, 2000.

Attorney(s) appearing for the Case

Kenneth Anspach, Chicago, IL, for Plaintiff-Appellant.

Frederick L. Hitchcock, Chattanooga, TN, for Defendant-Appellee.

Before ANDERSON, Chief Judge, BLACK, Circuit Judge, and HALL, Senior Circuit Judge.

CYNTHIA HOLCOMB HALL, Senior Circuit Judge:

The instant case requires us to determine whether a governmental body that acquires indicia of ownership in a property for the purpose of fostering private economic development thereon, but which retains those indicia for the purpose of securing repayment of the development bonds that financed the property's acquisition, can qualify for the Comprehensive Environmental Response, Compensation, and Liability Act's ("CERCLA...

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