Stanley v. Department of Conservation & Development

SHARP, Justice.

The first question we consider is whether the petitioners, as taxpayers, have standing to challenge the constitutionality of the Act.

The Halifax, Jones, and Northampton Authorities have not spent — nor do they contemplate spending — any funds derived from taxation. As yet they have issued no bonds. However, they were created solely for the purpose of issuing tax-exempt revenue bonds to finance the projects specified in the Act and, if— and when — there is a “successful resolution” of the constitutional questions with respect to their power to issue such bonds, they propose to…