SUPPLEMENTAL PAYMENT AMOUNT. The Parties agree that for each Tax Year during the term of this Agreement beginning with the Tax Year 2018, which is the Tax Year that includes the date on which the Qualifying Time Period commences under this Agreement as provided in Section 2.3.C.i,, the Applicant’s Supplemental Payment Amount will annually be paid based on the following schedule January 31, 2019 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2020 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2021 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2022 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2023 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2024 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2025 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2026 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2027 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2028 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2029 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2030 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2031 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2032 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2033 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year.
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Sources: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes