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CITY OF PHOENIX v. CAMPBELL

No. 1 CA-CIV 8561.

151 Ariz. 497 (1986)

728 P.2d 1247

CITY OF PHOENIX, a municipal corporation, Plaintiff-Appellee, v. Charles E. CAMPBELL and Charllie A. Campbell, husband and wife; Charles E. Campbell, Individually and as Trustee, Defendants-Appellants.

Court of Appeals of Arizona, Division 1, Department A.

Reconsideration Denied August 8, 1986.

Review Denied December 2, 1986.

Attorney(s) appearing for the Case

Roderick G. McDougall, Phoenix City Atty. by Kent T. Reinhold, Asst. City Atty., Phoenix, for plaintiff-appellee.

Leonard M. Bell, P.C. by Leonard M. Bell, Scottsdale, for defendants-appellants.

MEYERSON, Judge.

In this eminent domain action, the defendant landowners appeal from that portion of the trial court's judgment denying their application for an award of compound interest at a rate in excess of the 10% per annum provided by A.R.S. § 44-1201(A). See A.R.S. § 12-1123(B). The appeal presents the following issues for our consideration: (1) whether the constitutionality of the statutory interest rate may vary depending upon the income...

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