Common use of Disannexation Clause in Contracts

Disannexation. For purposes of calculating the Proposition A Revenue, the ad valorem property tax revenue received from any area disannexed pursuant to the provisions of Section 43.163 of the Texas Local Government Code (the “Chapter 43 Disannexed Parcels”) shall first be deducted from the total ad valorem property tax revenue received by the City.

Appears in 2 contracts

Sources: Joint Powers Agreement, Interlocal Cooperation Agreement