(B) is not erected or affixed as part of maintenance,
renovation, refurbishment, improvement, modification, or upgrade of
existing property, nor is newly added or proposed to be added property
functionally replacing existing property, provided however that a
proposed improvement may be considered a new improvement if it is
an addition to an existing building that will contain new tangible
personal property that did not exist before the application review
start date.
(25) Per capita income--Per capita money income in
the past 12 months as determined by the United States Census Bureau
and reported at its website http://quickfacts.census.gov/qfd/states/48000.html.
(26) Strategic investment area--An area that is:
(A) a county within this state with unemployment above
the state average and per capita income below the state average;
(B) an area within this state that is a federally designated
urban enterprise community or an urban enhanced enterprise community;
or
(C) a defense economic readjustment zone designated
under Government Code, Chapter 2310.
(27) Texas Economic Development Act Agreement--The
form, adopted by reference in §9.1052 of this title, which provides
a template for the terms of an agreement to implement a limitation
on appraised value on property within a school district and that has
the title Agreement For Limitation On Appraised Value Of Property
For School District Maintenance And Operations Taxes.
(28) Texas Priority Project--A project on which the
applicant commits to place in service qualified investment of more
than $1 billion during the qualifying time period, based on the comptroller
review of the application submitted by the school district.
(29) Unemployment--The most recent calendar year unemployment
rate, not seasonally adjusted, as determined by the Labor Market &
Career Information Department (LMCI) of the Texas Workforce Commission
and reported at its website http://www.tracer2.com/cgi/dataanalysis/AreaSelection.asp?tableName=Labforce.
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