- (a) Upon completion of the project or completion of a phase of an approved phased project, the school district or charter school shall submit a notice of completion to the department with the information described in Ed 321.28.
- (b) School districts and charter schools shall have 5 years from the initial payment to complete the project and submit a notice of completion to the department, otherwise the award shall be forfeited and the school district or charter school shall be required to repay the state 100 percent of the state grant received.
(c) After review and verification of the information submitted in accordance with (a) above, the department shall:
- (1) Determine the final building aid grant as the building aid rate multiplied by the eligible projects costs or the maximum amount of building aid award cited in the signed GAN, whichever is less;
- (2) Conduct an onsite visit as needed to verify the information submitted; and
- (3) Issue a project completion letter stating that all necessary requirements have been met.
- (d) A school board or board of trustees may request a waiver under Ed 321.34 for the amount of time needed to complete (b) above.
Source. #8265, eff 1-22-05; ss by #10363, eff 6-15-13; ss by #13054, eff 6-12-20 (formerly Ed 321.29); ss by #14023, eff 7-12-24; ss by #14215, eff 3-14-25