Louisiana Local Government Environmental Facilities & Community Development Authority v. All Taxpayers

|2This matter arises from a suit brought by the Louisiana Local Government Environmental Facilities and Community Development Authority (the LCDA), pursuant to the Bond Validation Act, La. R.S. 13:5121, et seq., to establish the validity, and 'legality of a proposed bond issuance and related contracts, prior to the marketing of the bonds. The appeal from the district court’s denial of the Motion for Judgment is being given expedited consideration in accordance with La. R.S. 13:5128. For the reasons that follow, we amend the judgment and, as amended, affirm.

FACTUAL AND STATUTORY BACKGROUND

The…