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Citi’s Muni Exit Creates Liquidity Test If Downturn Hits Market.
New Federal Program Provides Grants for Eligible P3 Transportation Projects: Holland & Knight
Information for Florida practitioners from our friends at Holland & Knight here.
Information for Wisconsin practitioners from our friends at Foley & Lardner here.
Sheetz v. County of El Dorado, California – Supreme Court of the United States holds that the Nollan/Dolan test for determining whether a fee imposed as a condition for a land use permit constitutes an unconstitutional taking under the Fifth Amendment applies to both legislative and administrative permit conditions; abrogating precedent.
Florida PACE Funding Agency v. Pinellas County – Although merely a decision regarding choice of venue at this point, substantive question to be decided is whether the court’s opinion in a bond validation for $5 billion of Florida PACE Funding Agency (FPFA) bonds will allow the FPFA to operate statewide, without regard to municipal or county PACE ordinances.
And Finally, AND Vegetables?!! is brought to us this week by Colyear v. Rolling Hills Community Association of Rancho Palos Verdes, in which we learn that Rancho Palos Verdes began development in the 1930s, featuring, “large lots which offered the ideal outdoor life, seclusion, privacy, recreation, horseback riding, cultivation of fruits and vegetables, and the enjoyment of a country atmosphere, all protected by good restrictions.” Well that sounds lovely! Just to clarify, those “good restrictions” of which you speak were there to protect the rights of people of all colors, class, and creed to cultivate fruits and vegetables together in perfect harmony, right? Right? Just like Washington dreamed!

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