Arizona Supreme Court rules against Peoria in subsidy case; Jordan Rose, founder and president of Rose Law Group, weighs in with note to developers

Photo via Huntington University website

By Philip Haldiman | Your Valley

The Arizona Supreme Court ruled in favor of an appeal claiming that the city of Peoria illegally entered into an agreement to give up to $2.6 million in taxpayer money to Huntington University in exchange for opening a school in the P83 Entertainment District.

Previously, the city prevailed at the trial court and in the court of appeals, but the Supreme Court reversed a Maricopa County judge’s ruling in favor of Peoria.

In its ruling, the Supreme Court said, “In effect, Huntington University and [its landlord’s] promises are no different than a hamburger chain promising to operate in Peoria in exchange for monetary incentives paid by the city in hope of stimulating the local economy.”

READ ON:

“This ruling from the Arizona Supreme Court reminds us how strong the Arizona Constitutional gift clause is – prohibiting cities from providing non-public incentives to entice economic development. Note to the development community – if you are working on a subsidy type agreement with a city, you better read this one!”

Jordan Rose, Rose Law Group founder and president

Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories
February 2021
M T W T F S S
1234567
891011121314
15161718192021
22232425262728