Texas
TX
Roscoe Collegiate Independent School District
School district
2019
Value Limitation Agreement
General Economic Development
Texas Economic Development Act (Tax Code 313.024(b)(5))
Roscoe Collegiate Independent School District
Property Tax Tax
Reduction of Taxable Property Value; Payment In Lieu of Taxes (PILOT)
In the event that an entity terminates the agreement without the consent of the District, or in the event that the company or its successor-in-interest fails to comply in any material respect with the terms of the agreement or to meet any material obligation under the agreement, then the District shall be entitled to the recapture of all Property Tax tax revenue lost as a result of the agreement together with the payment of penalty and interest on that recaptured Property Tax tax revenue.
$1,582,667
$271,352
$1,311,315
Value limitation period began in 2010.
13580
Texas
TX
Roscoe Collegiate Independent School District
School district
2019
Value Limitation Agreement
General Economic Development
Texas Economic Development Act (Tax Code 313.024(b)(5))
Roscoe Collegiate Independent School District
Property Tax Tax
Payment In Lieu of Taxes (PILOT)
In the event that an entity terminates the agreement without the consent of the District, or in the event that the company or its successor-in-interest fails to comply in any material respect with the terms of the agreement or to meet any material obligation under the agreement, then the District shall be entitled to the recapture of all Property Tax tax revenue lost as a result of the agreement together with the payment of penalty and interest on that recaptured Property Tax tax revenue.
$61,400
Value limitation period will begin in 2020.
13581
2