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<br />: <br />i' <br /> <br />Increment Fund, and that LPISD and the City will negotiate use agreements for such use. LPISD will <br /> <br />allow the City to use, at no cost to the City other than proportionate utility, maintenance and building <br /> <br />personnel costs of LPISD, ball fields, tennis courts and other outdoor recreational areas, indoor <br /> <br />recreational areas, lunchrooms, and other assembly areas of the Educational Facilities constructed with <br /> <br />or financed by monies from the Tax Increment Fund for municipal recreational and meeting purposes, <br /> <br />at all reasonable times to be agreed to by the City and LPISD that LPISD is not conducting school or <br /> <br />other related activities at the facilities. LPISD shall identify annually for the City and the La Porte Zone <br /> <br />those Educational Facilities that are required, constructed or reconstructed or financed with monies <br /> <br />from any City Reinvestment Zone created pursuant to Chapter 311 of the Texas Tax Code. <br /> <br />E. Changes in Applicable Laws <br /> <br />Notwithstanding any other provision of this Agreement, in the event and to the extent that <br /> <br />Texas law applicable to LPISD or tax increment reinvestment zones is changed subsequent to the <br /> <br />effective date of this Agreement, or there is any interpretation, ruling, order, decree or court decision <br /> <br />interpreting existing or subsequently enacted law applicable to LPISD or tax increment reinvestment <br /> <br />zones, whether administratively by the Texas Education Agency, the Comptroller of Public Accounts <br /> <br />of the State of Texas, the Attorney General of the State of Texas, or by a court of competent <br /> <br />jurisdiction, with the result that the participation of LPISD in the La Porte Zone decreases the <br /> <br />aggregate amount of the state and local funds available to or received in any school year by LPISD <br /> <br />during the term of this Agreement that would otherwise be available to or received by LPISD in such <br /> <br />school year if LPISD was not participating in the La Porte Zone during that year, as detennined by <br /> <br />LPISD subject to the review by the City as to the accuracy of the calculations, LPISD's Tax Increment <br /> <br />Participation shall, at the option of LPISD, be reduced in an amount equal to the amount of the <br /> <br />AMJ\176718.1 \INTERLOCAL AGRMIiLPISD\3668.4 <br />