(1) Each applicant for a grant or matching grant pursuant to this part 2 shall submit an application to the board no later than July 1 for the budget year commencing on that July 1. An individual school of a school district, including a district charter school, may apply for a grant or matching grant through the school district in which the school is located, and the school district may then apply to the board for the grant or matching grant on behalf of the school. An institute charter school may apply directly to the board.
The board or its designees shall evaluate each application submitted by a schooldistrict or an institute charter school based on the factors set forth in this section and such other factors as the board may establish by rule.
Each application for a grant or a matching grant submitted to the board pursuant tothis section shall be in a form prescribed by the board and shall include:
A description of the scope and nature of the capital construction project to renovate afacility or provide a temporary auxiliary facility for a full-day kindergarten program;
A description of the architectural, functional, and construction standards that are tobe applied to the facility that is the subject of the capital construction project;
The total estimated cost of the capital construction project;
The form and amount of financial effort that will be provided by the school district orthe institute charter school for the capital construction project;
A demonstration of the school district's or the institute charter school's ability andwillingness to maintain a capital construction project funded pursuant to this part 2; and
Any other information the board may reasonably require for the evaluation of thecapital construction project.
(4) The board shall prioritize each application for a grant or a matching grant that describes a capital construction project deemed eligible by the board for a grant or matching grant pursuant to this part 2. The board shall prioritize the applications based on the following criteria, in descending order of importance:
Capital construction projects in school districts or for institute charter schools in accounting districts that have reached ninety percent or more of their limit on bonded indebtedness under section 22-42-104; and
Capital construction projects in school districts or for institute charter schools thathave previously demonstrated consistent efforts to allocate moneys to the school districts' or institute charter schools' capital reserve fund.
Source: L. 2008: Entire part added, p. 1214, § 26, effective May 22. L. 2009: (4)(b) amended, (SB 09-256), ch. 294, p. 1570, § 38, effective May 21.