| (1) have a completed application approved by the governing
body of the school district in compliance with §9.1054(f) of
this title (relating to School District Application Review and Agreement
to Limit Appraised Value);
(2) at least 20 days prior to the meeting at which
the governing body of the school district is scheduled to consider
the application, provide to the school district and the comptroller
a Texas Economic Development Act Agreement, as specified in §9.1052(a)(6)
of this title, with terms acceptable to the applicant;
(3) if the applicant includes a combined group or members
of the combined group, have the agreement executed by the authorized
representative of each member of the combined group that owns a direct
interest in property subject to the proposed agreement by which such
members are jointly and severally liable for the performance of the
stipulations, provisions, terms, and conditions of the agreement;
(4) comply with all stipulations, provisions, terms,
and conditions of the agreement for a limitation on appraised value
executed with the school district, this subchapter, and Tax Code,
Chapter 313;
(5) be and remain in good standing under the laws of
this state and maintain legal status as an entity, as defined in this
subchapter;
(6) owe no delinquent taxes to the state;
(7) maintain eligibility for limitation on appraised
value pursuant to Tax Code, Chapter 313; and
(8) provide to the school district, the comptroller,
and the appraisal district any change to information provided in the
application, including but not limited to:
(A) changes of the authorized representative(s);
(B) changes to the location and contact information
for the approved applicant including all members of the combined group
participating in the limitation agreement;
(C) copies of any valid assignments of the agreement
and contact information for authorized representative(s) of any assignees.
|
| Source Note: The provisions of this §9.1053 adopted to be effective June 22, 2010, 35 TexReg 5355; amended to be effective June 2, 2014, 39 TexReg 4259; amended to be effective January 24, 2016, 41 TexReg 624 |
