1. (a) The subgrantee shall certify to the Authority that the project is complete and, to the extent not already provided to the Authority, provide supporting documentation as follows:

   1. (1) Construction and renovation projects require, prior to final disbursement, documentation including, but not limited to, copies of the certificate of occupancy, final payment certification by the architect, final payment request from the contractor and corresponding copies of cancelled checks. If the subgrantee does not provide copies of cancelled checks, the subgrantee shall provide wire transfers, electronic fund transfers, or other evidence acceptable to the Authority in lieu of copies of cancelled checks.
   2. (2) Real property acquisition projects require a copy of the final closing statement with certification by the title company, to be received by the Authority within 60 days of the disbursement of grant funds.
2. (b) If the subgrantee fails to complete the project within the project period, the Authority may require remedies, including forfeiture and return of all grant funds and any accrued interest thereon to the Authority.
3. (c) The Authority reserves the right to conduct site visits to any charter school facility or project receiving a grant pursuant to this Article.
4. (d) The Authority or Authority staff may seek third party verification regarding any and all applicable costs associated with the facility/project receiving a grant pursuant to this Article.

Note: Authority cited: Sections 17179 and 17180, Education Code. Reference: Section 17180, Education Code.

History

1. New section filed 6-27-2005 as an emergency; operative 6-27-2005 (Register 2005, No. 26). A Certificate of Compliance must be transmitted to OAL by 10-25-2005 or emergency language will be repealed by operation of law on the following day.

2. New section refiled 10-17-2005 as an emergency; operative 10-17-2005 (Register 2005, No. 42). A Certificate of Compliance must be transmitted to OAL by 2-14-2006 or emergency language will be repealed by operation of law on the following day.

3. Certificate of Compliance as to 10-17-2005 order transmitted to OAL 2-8-2006 and filed 3-24-2006 (Register 2006, No. 12).

4. Amendment of subsections (a)(1)-(2) filed 3-24-2008; operative 4-23-2008 (Register 2008, No. 13).

5. Repealer of subsection (c) and subsection relettering filed 3-23-2009; operative 4-22-2009 (Register 2009, No. 13).

6. Amendment of subsection (a)(1) filed 11-29-2017; operative 1-1-2018 (Register 2017, No. 48).