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HOLLYWOOD PARK LAND CO., LLC v. GOLDEN STATE TRANSPORTATION FINANCING CORP.

No. C057166.

178 Cal.App.4th 924 (2009)

HOLLYWOOD PARK LAND COMPANY, LLC, et al., Plaintiffs and Appellants, v. GOLDEN STATE TRANSPORTATION FINANCING CORPORATION et al., Defendants and Appellants.

Court of Appeals of California, Third District.

October 27, 2009.

Attorney(s) appearing for the Case

Howard Rice Nemerovski Canady Falk & Rabin, Steven L. Mayer and Amy E. Margolin for Plaintiffs and Appellants.

Mennemeier, Glassman & Stroud, Andrew W. Stroud, Kelcie M. Gosling and Stephen Lau for Defendants and Appellants Golden State Transportation Financing Corporation and California Infrastructure and Economic Development Bank.

Edmund G. Brown, Jr., Attorney General, Christopher E. Krueger, Assistant Attorney General, Constance L. LeLouis and Jennifer Rockwell, Deputy Attorneys General, for Defendants and Appellants California Infrastructure and Economic Development Bank.

OPINION

SCOTLAND, P. J.—

Amended Indian gaming compacts approved by the Governor authorize an increase in the number of permissible slot machines on Indian tribal land, in exchange for a substantial payment to the State of California (the State), and authorize the sale of bonds (compact bonds) to provide an income stream to the State in return for the State's promise to limit who may engage in certain types of gaming within the Indian...

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