2510.1 Prior to, and as a condition of, a grant award, a potential recipient shall execute an agreement with DBFI that shall ensure that the grant being awarded will be used for purposes consistent these regulations and the application upon which the grant was awarded.

2510.2 The grant agreement shall include, but not be limited to, the following:

1. (a) A covenant that provides for the recapture of grant funds upon a violation of the agreement;
2. (b) A covenant that provides for the return of any grant funds that are no longer used for a Qualified Credit Enhancement as provided in § 2506 of these regulations approved by the Commissioner; and
3. (c) Terms and conditions the Commissioner finds necessary to further the purposes of the District of Columbia Public Charter School Credit Enhancement Fund and for the benefit of public education in the District of Columbia.

SOURCE: Emergency Rulemaking published at 48 DCR 2951 (March 30, 2001) [EXPIRED]; as amended by Emergency Rulemaking published at 48 DCR 2951 (May 4, 2001) [EXPIRED]; as amended by Emergency Rulemaking published at 48 DCR 3899 (August 17, 2001) [EXPIRED]; as amended by Final Rulemaking published at 48 DCR 9630 (October 19, 2001).