City of Galt v. Cohen
Annotate this CaseThe Department of Finance (DOF) determined that the Cooperative Agreement here was unenforceable under the freeze component. City of Galt filed a petition for writ of mandate, but the trial court upheld DOF’s determination. On appeal, City of Galt contended: (1) the state must allow City of Galt to use the proceeds from the tax allocation bonds to fund the Cooperative Agreement projects; (2) the Cooperative Agreement is enforceable because it was the subject of a validation judgment, and (3) equitable estoppel bars DOF from determining that the Cooperative Agreement is unenforceable. The Court of Appeal found non of City of Galt’s contentions had merit.
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