Fairgreen Capital, LLC v. City of Canton

ANDREWS, Presiding Judge.

Fairgreen Capital, LLC, a property developer, sued the City of Canton for breach of contract claiming the City failed to repay $564,312.44 in funds that Fairgreen advanced to the City under a *720written agreement governing construction of a public road on City property benefitting a Fairgreen development. The trial court granted summary judgment in favor of the City on grounds that, under the Georgia Constitution (Article IX, Section V, Paragraph I), the funds owed by the City under the agreement constituted an illegal and void debt.1 Fairgreen appeals. For the following…