· 11/12/1975
Richards v. City of Muscatine
Citations
- 237 N.W.2d 48
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that under prior law the statute “can be applied to freeze the tax valuation only in areas being physically redeveloped by an urban renewal project”
- upholding city pledge to pay tax increment bonds from city taxes
- upholding city pledge to pay tax increment bonds from city taxes
- Tax increment bonds are a debt subject to the constitutional debt limitation even though the bonds are paid from a special fund because the fund is made up of the city's general revenue
- urban renewal bonds would constitute a constitutional debt if they were payable from the general revenues of the city without limitation; the result is the same when a statue carves out a portion of a city's general revenues
- discussing tax increment financing under Iowa Code § 403.19
Source: CourtListener parenthetical corpus (CC0).
Judges: Uhlenhopp
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.