(e) Just after July one, 1993, a district is liable In line with paragraph (d) for its share of bonded indebtedness or other financial debt incurred through the governing entire body employing the agreement to the extent the bonds or other personal debt are directly associated with the services or pursuits where the district participates or for which the district offers fiscal assist. The district has ongoing liability only until the obligation or personal debt is discharged and only according to the payment agenda in outcome at enough time the governing overall body applying the agreement delivers notice to The college board, apart from that the payment plan might be altered for the objective of refunding the fantastic bonds or restructuring other credit card debt if the yearly 24kbet payments with the district are usually not increased and when the whole obligation of your district for that outstanding bonds or other personal debt just isn't enhanced.

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(2) the volume of nonpublic faculty pupils residing within the district who acquire common or extra transportation company or reimbursement for The present university calendar year; periods

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A board adopting a resolution In keeping with clause (3) is just not chargeable for the bonded indebtedness or other financial debt proposed via the governing body employing the agreement.

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College districts may perhaps enter into agreements with Indian tribal governments for reasons of providing academic services for college kids. These kinds of agreements may well enable Visit website for the use of any methods available to possibly bash and will have to give college students the choice to enroll from the district at their election.

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Pub: 12 Apr 2024 19:00 UTC
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