Banco Panamericano, Inc. v. City of Peoria

HAMILTON, Circuit Judge.

The central issue in this appeal is-whether plaintiff Banco Panamericano has a better claim than the City of Peoria to the gas collection system and certain electrical, infrastructure at the Peoria landfill. We agree with the district court that Peoria has the better claim under the terms of the lease that governed the installation and operation of the gas collection system and electrical connections.

By way of introduction, in 1995 Peoria signed a lease with Resource Technology Corporation (RTC) that allowed the company to construct and operate a gas conversion project…