Setzer's Steel Systems, Inc. v. Chenault Development Corp.

COMBS, Judge.

This appeal is from a partial summary judgment of the Fayette Circuit Court holding appellant, Setzer’s Steel Systems, Inc., [Setzer] liable to appellee, Chenault Development Corporation, [Chenault] for rents and taxes arising out of a lease agreement.

On August 15, 1975, Chenault entered into a lease and construction agreement with Racquet Times, Inc., for the construction of a racquetball facility on property *23owned by Chenault. Chenault was to be the landlord and Racquet Times the tenant of the facility for a term of twelve years, commencing upon completion of the facility in…