(b) For the purpose of this section, the following terms mean:

1. (1) “Green Globes certification” means certification of a project by a professional third-party assessor pursuant to the Green Globes rating system developed by the Green Building Initiative; and
2. (2) “LEED certification” means certification of a project by a professional third-party certification entity pursuant to the Leadership in Energy and Environmental Design (LEED) for Schools Rating System developed by the United States Green Building Council and administered by the Green Building Certification Institute.

(c)

1. (1) A new facilities project shall be eligible for financial incentives under this section if the school district gives timely notice to the Division of Public School Academic Facilities of the district’s intent to seek LEED certification or Green Globes certification for the project.
2. (2) In its notice, the district shall identify which specific type and level of certification it intends to seek.
3. (3) Notice must be given concurrently with the district’s application for state financial participation under 6 CAR § 321-103.

(d) A district that completes an eligible new facilities project and successfully obtains LEED certification or Green Globes certification for the project shall be awarded an incentive calculated as a percentage of the amount of state financial participation in the project, as follows:

1. (1) LEED certification, silver: one percent (1%);
2. (2) LEED certification, gold: one and one-half percent (1.5%);
3. (3) LEED certification, platinum: two percent (2%);
4. (4) Green Globes certification, two globes: one percent (1%);
5. (5) Green Globes certification, three globes: one and one-half percent (1.5%); or
6. (6) Green Globes certification, four globes: two percent (2%).

(e)

1. (1) A project shall be eligible for financial incentives under this section for LEED certification or for Green Globes certification, but not for both certifications.
2. (2) No project shall be eligible for financial incentives for a level of certification higher than the level identified in the district’s application for state financial participation.