Corsicana Industrial Foundation, Inc., Gander Mountain Company and JP Morgan Chase Bank, N.A. v. City of Corsicana and Navarro County

CourtCourt of Appeals of Texas
DecidedJanuary 11, 2024
Docket10-17-00316-CV
StatusPublished

This text of Corsicana Industrial Foundation, Inc., Gander Mountain Company and JP Morgan Chase Bank, N.A. v. City of Corsicana and Navarro County (Corsicana Industrial Foundation, Inc., Gander Mountain Company and JP Morgan Chase Bank, N.A. v. City of Corsicana and Navarro County) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Corsicana Industrial Foundation, Inc., Gander Mountain Company and JP Morgan Chase Bank, N.A. v. City of Corsicana and Navarro County, (Tex. Ct. App. 2024).

Opinion

IN THE TENTH COURT OF APPEALS

No. 10-17-00316-CV

CORSICANA INDUSTRIAL FOUNDATION, INC., GANDER MOUNTAIN COMPANY AND JP MORGAN CHASE BANK, N.A., Appellants v.

CITY OF CORSICANA AND NAVARRO COUNTY, Appellees

From the 13th District Court Navarro County, Texas Trial Court No. D17-26224-CV

OPINION

In this declaratory judgment action, we must determine the constitutionality of

certain Agreements between governmental entities, the City of Corsicana and Navarro

County, Appellees, and private entities, Corsicana Industrial Foundation, Inc., and

Gander Mountain Company, Appellants. Additionally, Appellant JP Morgan Chase

Bank, N.A. is a third-party beneficiary of the Agreements. We refer to the Appellants collectively as "Chase." Chase complains of the partial summary judgment rendered in

favor of Appellees that resulted in termination of the Agreements. We affirm.

Background

Corsicana Industrial Foundation, Inc., owner of 132 acres, sought to develop a

retail center on its land. In 2004, to help facilitate that project, the Foundation entered

into separate Retail Center Development Agreements (RCDAs) with the City of

Corsicana and Navarro County. The City and County each passed a resolution, signed

respectively by the mayor of the City and the Navarro County judge and county

commissioners, to enter into the RCDA and incorporated the RCDA into the resolution.

The City and County agreed to grant to the Foundation certain sales tax revenues

generated by Gander Mountain, Home Depot, and the other businesses that would be

located in the development. The Foundation agreed to use all proceeds solely for the

purpose of repayment of debt associated with the construction of a Gander Mountain

facility.

Three months after signing the RCDAs, the City, County, Foundation, and Gander

Mountain entered into an "Interlocal Agreement." The Interlocal Agreement provided

that the City and County determined it is in the public interest to promote the economic

development of the Gander Mountain facility and to grant portions of the city and county

sales tax to facilitate such economic development.

Corsicana Indus. Found. v. City of Corsicana Page 2 The Interlocal Agreement specified the amounts of sales taxes to be pledged to the

Foundation as security for the loan it was to obtain to construct the Gander Mountain

facility. The tax revenue was to be deposited into the Foundation's Sales Tax Fund and

applied to the payment of the loan. The yet-to-be-determined lender, now Chase, was

named as a third-party beneficiary of the Interlocal Agreement. The Foundation leased

the Gander Mountain site to Gander Mountain by a lease dated May 6, 2004. Further,

those two parties entered into a Development Agreement pursuant to which the

Foundation was obligated to obtain a construction loan to finance construction of the

Gander Mountain store. The $10,000,000 loan ultimately obtained by the Foundation in

2005 was secured in part by a pledge of certain portions of the sales taxes granted to the

Foundation.

The Gander Mountain store opened for business in August 2004 and closed in

2015. In early 2016, the City and County determined that closing of the Gander Mountain

store extinguished the constitutionally permissible public purposes for which they can

dedicate public funds. They each passed a resolution to seek relief from the Foundation

and Gander Mountain. Pursuant to those resolutions, they filed this declaratory action

against Gander Mountain and the Foundation seeking declarations regarding the

following five matters:

1. Whether the closing of the Gander Mountain store in Corsicana extinguished the public purposes which authorized the City's and County's grants of public money.

Corsicana Indus. Found. v. City of Corsicana Page 3 2. Whether the Interlocal Agreement and Retail Center Development Agreements, and the other transaction documents including the Lease and Development Agreement, fail to place sufficient controls on the transaction to ensure that the public purposes for which the original grant was made are carried out. 3. Whether the Retail Center Development Agreements and Interlocal Agreement are unconstitutional, void and/or illegal because they allow public funds to be spent without the necessary controls in place to ensure the public purposes are carried out. 4. Whether it would be unconstitutional and/or illegal (and a void act) for the City and County to continue to grant sales tax to pay off the loan when public purposes are no longer being served and the Gander Mountain facility is no longer open. 5. Whether the Interlocal Agreement and Retail Center Development Agreements are unconstitutional, void and/or illegal to the extent they purport to require the City and County to grant sales tax revenues to pay off the loans when the public purposes are no longer being served.

The Foundation and Gander Mountain filed counterclaims against the City and

the County, seeking declaratory relief regarding the City's and County's obligations.

Also, the Foundation and Gander Mountain filed cross-claims against each other

regarding the lease. Chase filed a plea in intervention seeking, in pertinent part,

declaratory relief regarding the construction of the provisions of the constitution

involved in this dispute. The City and County amended their petition, seeking

declaratory judgment against Chase.

In February 2017, the City and the County filed their motion for partial summary

judgment asserting they are entitled to summary judgment regarding their requests for

declaratory relief. The following month, Gander Mountain filed a Chapter 11 petition for

bankruptcy. The bankruptcy court modified the automatic stay, allowing the City and

Corsicana Indus. Found. v. City of Corsicana Page 4 County to proceed to final hearing on their pending motion for summary judgment. It

further provided that, if the City and County prevail on the summary judgment motion,

the trial court could take steps necessary to enter an appealable final judgment. 1 In July

2017, the trial court granted the motion for partial summary judgment, rendering a

declaratory judgment in favor of the City and County. The following month, the trial

court severed the City's and County's claims against the Foundation, Gander Mountain,

and Chase, and the counterclaims against the City and County, from the remaining

claims asserted by and between Gander Mountain, the Foundation, and Chase. 2 The City

and County non-suited their claim for attorney's fees. The trial court signed a final

judgment on November 7, 2017 rendering declaratory judgment in favor of the City and

County and ordering that Gander Mountain, the Foundation, and Chase take nothing on

their counterclaims against the City and the County.

Specifically, the trial court declared that the closing of the Gander Mountain store

extinguished the public purposes which authorized the City's and County's grants of

public money to repay loans taken out by the Foundation to build the Gander Mountain

1 Thereafter, the City and County filed their second amended petition and first amended motion for summary judgment, to which Chase and Gander Mountain objected as violative of the bankruptcy court's order partially lifting the stay. The parties entered into a Rule 11 agreement providing that the City and County would withdraw their second amended petition and first amended motion for partial summary judgment.

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Corsicana Industrial Foundation, Inc., Gander Mountain Company and JP Morgan Chase Bank, N.A. v. City of Corsicana and Navarro County, Counsel Stack Legal Research, https://law.counselstack.com/opinion/corsicana-industrial-foundation-inc-gander-mountain-company-and-jp-texapp-2024.