AGO 1956 NO. 229 > Mar 20 1956
PUBLIC UTILITY DISTRICTS ‑- SCHOOL DISTRICTS - VALIDITY OF AGREEMENT UNDER WHICH P.U.D. COMPENSATES DISTRICT IN LIEU OF TAXES.
A public utility district may enter into an agreement to compensate a school district for loss of taxes occasioned by purchase of private property within the school district by the P.U.D .