SABINE RIVER AUTHORITY v. ALL TAXPAYERS

No. 11-1139.

74 So.3d 278 (2011)

SABINE RIVER AUTHORITY v. ALL TAXPAYERS, et al.

Court of Appeal of Louisiana, Third Circuit.

October 5, 2011.


Attorney(s) appearing for the Case

William Lee Schuette, Jr. , Fred Lee Chevalier , Matthew W. Kern , Jones, Walker, Waechter, Poitevent, Carrère & Denègre, L.L.P., Baton Rouge, LA, for Plaintiff/Appellant, Sabine River Authority.

Court composed of ULYSSES GENE THIBODEAUX, Chief Judge, JIMMIE C. PETERS and MARC T. AMY, Judges.


AMY, Judge.

The Sabine River Authority (the "SRA") seeks to commence a bond initiative to generate revenue. The SRA filed a motion for judgment seeking a judicial declaration that the bonds and the means by which they would be secured and paid were valid. No interested person challenged the bond resolution or the motion for judgment. The trial court denied the SRA's motion, finding that although the SRA complied with the statute governing bond validation, the court...

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