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IN RE BOND ISSUANCE OF GREATER WENATCHEE

No. 86552-3.

287 P.3d 567 (2012)

In the Matter of the BOND ISSUANCE OF GREATER WENATCHEE REGIONAL EVENTS CENTER PUBLIC FACILITIES DISTRICT.

Supreme Court of Washington, En Banc.

Decided October 25, 2012.

Attorney(s) appearing for the Case

Donald Stewart Cohen , Eric Christensen , Gordon Thomas Honeywell, et al., Seattle, WA, Peter Allen Fraley , Attorney at Law, Wenatchee, WA, for Appellant.

Paul Arley Harrel , Michael White , Williams Kastner & Gibbs PLLC, Seattle, WA, Thomas Francis O'Connell , Attorney at Law, Wenatchee, WA, for Respondent.

Theodore Henry Gathe , Brent David Boger , Vancouver, WA, amicus counsel for City of Vancouver, Washington.

Paul J. Lawrence , Kymberly Kathryn Evanson , Jay Allen Reich , Pacifica Law Group LLP, Seattle, WA, amicus counsel for Washington State Treasurer.

WIGGINS, J.

¶ 1 Our state constitution limits municipal indebtedness to protect taxpayers from legislative and voter improvidence. We must decide whether the city of Wenatchee (City) would exceed its debt limit by entering into a "contingent loan agreement" (CLA) with appellant Greater Wenatchee Regional Events Center Public Facilities District (District) to help the District finance a regional events center. The District argues that the CLA is not subject to...

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