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Valley Mills ISD reports payment from Markum Solar Farm under Chapter 313 agreement
Summary
Superintendent Chris Dowdy told the board the district received a check from the Markum Solar Farm Project and expects additional proceeds over the next seven years under a Chapter 313 arrangement.
During the Feb. 4 board meeting, Superintendent Chris Dowdy reported that Valley Mills ISD received a payment from the Markum Solar Farm Project under a Chapter 313 arrangement and that the district projects additional proceeds over the next seven years.
Dowdy did not specify the payment amount in the minutes; he said the district expects to receive more proceeds over the coming seven years. The board recorded the 313 update as an information item; no formal action was taken at the meeting on this revenue stream.
The minutes list this item among the information items and note it for future budgeting considerations.
