Pursuant to the provisions of Tax Code, Chapter 313 and this
subchapter, in order to implement a limitation on the appraised value
for school district maintenance and operation tax purposes on the
approved applicant's qualified property that has been approved by
the governing body of the school district, at the time of the approval
of the application, the authorized representative of the school district
and the approved applicant shall execute a Texas Economic Development
Act Agreement, as specified in §9.1052(a)(6) of this title (relating
to Forms).
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