CANADA'S COMPENSATION - SCHOOL DIVISIONS. Canada and Saskatchewan agree that, within ninety (90) days of the date upon which Taxable Land which had been situated within a Rural Municipality is set apart as an Entitlement Reserve, Canada shall pay to the School Division Compensation Fund seventy (70%) percent of a sum that is equivalent to seventy (70%) percent of twenty-five (25) times the School Taxes which had been levied in respect of such Taxable Land in the calendar year immediately prior to the said date.
Appears in 5 contracts
Samples: Resources Transfer Agreement, Settlement Agreement, George Gordon Treaty Land Entitlement Settlement Agreement
CANADA'S COMPENSATION - SCHOOL DIVISIONS. Canada and Saskatchewan agree that, within ninety (90) days of the date upon which Taxable Land which had been situated within a Rural Municipality is set apart as an Entitlement Reserve, Canada shall pay to the School Division Compensation Fund seventy (70%) percent of a sum that is equivalent to seventy (70%) percent of twenty-twenty- five (25) times the School Taxes which had been levied in respect of such Taxable Land in the calendar year immediately prior to the said date.
Appears in 1 contract
Samples: Settlement Agreement
CANADA'S COMPENSATION - SCHOOL DIVISIONS. Canada and Saskatchewan agree that, within ninety (90) days of the date upon which Taxable Land which had been situated within a Rural Municipality is set apart as an Entitlement Reserve, Canada shall pay to the School Division Compensation Fund seventy (70%) percent of a sum that is equivalent to seventy (70%) percent of twenty-twenty- five (25) times the School Taxes Takes which had been levied in respect of such Taxable Land in the calendar year immediately prior to the said date.
Appears in 1 contract
Samples: Note
