Legal Opinion
County of Ramsey v. Lincoln Fort Road Housing Ltd. Partnership
Supreme Court of Minnesota
Decided December 31, 1992No. C2-91-1419PublishedCited by 2 opinions
1Opinion of the Court
GARDEBRING, Justice.
The basic facts in this case are not in dispute. On September 15, 1980, the Port Authority of the City of St. Paul (“Port Authority” or “Port”) entered into an agreement with Austin/King Housing Enterprises (“Austin/King”). The agreement was denominated a “lease” and a “revenue agreement,” under which the Port Authority agreed to provide money for Austin/King in return for 30 years of “rental payments,” after which Austin/King could purchase the property in question for one dollar. Austin/King was required at the outset to deed to the Port Authority “merchantable title in…
2Cases cited8 opinions
- United States v. City of DetroitSupreme Court of the United States · 1958
- County of Martin v. DrakeSupreme Court of Minnesota · 1889
- State v. BiesSupreme Court of Minnesota · 1960
- Acton Construction Co. v. Commissioner of RevenueSupreme Court of Minnesota · 1986
- Standard Clothing Co. v. WolfSupreme Court of Minnesota · 1944
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3Cited by2 opinions
- Chadima v. National Fidelity Life InsuranceDistrict Court, S.D. Iowa · 1994
- American Crystal Sugar Co. v. Traill County Board of CommissionersNorth Dakota Supreme Court · 2006