CALCULATION OF PAYMENTS IN LIEU OF TAXATION. 4.2.1 Subject to Section 5.1, for each of years one (1) through thirteen (13) of this Agreement, the District shall be entitled to receive the maximum amount of payments in lieu of taxation as allowed by law, which is currently One Hundred Dollars ($100.00) per Student in Average Daily Attendance (ADA), as determined for that particular school year in accordance with Texas Tax Code § 313.027(i).
Appears in 9 contracts
Samples: Limitation on Appraised Value Agreement, Limitation on Appraised Value Agreement, Appraised Value Agreement
CALCULATION OF PAYMENTS IN LIEU OF TAXATION. 4.2.1 Subject to Section 5.1, for each of years one (1) through thirteen (13) of this Agreement, the District shall be entitled to receive the maximum amount of as payments in lieu of taxation as allowed by law, which is currently an amount equal to One Hundred Dollars ($100.00) per Student in Average Daily Attendance (ADA), as determined for that particular school year in accordance with Texas Tax Code § 313.027(i).
Appears in 3 contracts
Samples: Limitation on Appraised Value Agreement, Appraised Value Agreement, Limitation on Appraised Value Agreement
