Hansen v. Kootenai County Board of County Commissioners

I must dissent from the opinion and conclusion of the majority.

I

Consideration for the lease in the case before us is stated to be the improvements constructed on the Kootenai County fairgrounds. The determination that these improvements are adequate consideration rests on an acceptance of their appraised value of nearly $110,000 as the correct measure of the gain realized from the lease by the county. If these improvements are consideration for this lease, the adequacy of that consideration should be tested not against the $110,000 figure, but against the value of the county’s reversionary…