The Arizona Supreme Court ruled in favor of an appeal claiming that the city of Peoria illegally entered into an agreement to give up to $2.6 million in taxpayer money to Huntington University in exchange for opening a school in the P83 Entertainment District.
Previously, the city prevailed at the trial court and in the court of appeals, but the Supreme Court reversed a Maricopa County judge’s ruling in favor of Peoria.
In its ruling, the Supreme Court said, “In effect, Huntington University and [its landlord’s] promises are no different than a hamburger chain promising to operate in Peoria in exchange for monetary incentives paid by the city in hope of stimulating the local economy.”
