Arizona AG has sued regents over ASU’s real estate projects

PHOENIX (AP) — Arizona Attorney General Mark Brnovich has sued the state Board of Regents over Arizona State University real estate projects that he says are illegal.
The regents oversee ASU, the University of Arizona and Northern Arizona University.
Brnovich argues that real estate deals approved by the board allow universities to boost favored companies and help them avoid paying taxes.
He says ASU is essentially renting out its tax-exempt status to private businesses.
ASU officials tell