Judd Supply Co. v. Merchants & Manufacturers Insurance Co.

OPINION

NORTON, Judge.

The City of Princeton appeals a judgment awarding damages to former mechanics’ lienholders who foreclosed against a privately-owned parcel developed in part through tax increment financing. We reverse.

FACTS

This appeal arises after a tax increment financing-motivated construction project, begun within the City of Princeton in 1983, went awry. Appellant City of Princeton (“City”) had published a tax increment finance plan and designated a Development District (“District”) in accordance with Minn.Stat. ch. 472A (now replaced by Minn. Stat. ch. 469). Respondents either…