Quote:
Originally Posted by afc wimbledon
One would assume that with over a hundred mill on the line a legal opinion has been sought, it is a reasonably simple question, will the deal involve taxes paying off the bonds?
|
Agreed completely, which is why your original statement was stupid.
The city undoubtedly spoke with its lawyers, who undoubtedly gave the opinion that the bond would hold up in court if challenged. But if the lawyers said "you will lose" as you suggest, the city would not have gone forward with that plan.
Whether those lawyers are correct is a matter for a judge to decide, should Goldwater actually bring a suit.