1. (a) For initial approval, the charter school shall apply for lease aid by submitting an application as outlined in Ed 323.06.

2. (b) By September 1 of each year, the charter school may request to renew lease aid if no substantive changes have been made to the lease previously approved by the department through (a) above, and the following items have been submitted to the department:

   1. (1) Assurance statement that the charter school is still operating under the same lease approved by the department through (a) above, or submit an updated lease agreement certified by the charter school’s attorney to the department that the lease meets the requirements in Ed 323.03 and the lease has been reviewed, approved, and signed;
   2. (2) Updated amount of the lease eligible for lease aid, if applicable; and
   3. (3) An updated copy of the property and liability insurance that meets Ed 323.05(b)(6), if applicable.
3. (c) If substantive changes have been made to the lease, the charter school may reapply for lease aid by submitting an application per Ed 323.06.
4. (d) Upon review and approval of the items identified in (a) or (b) above, the department shall notify the charter school of their eligibility of lease aid.

Source. #13207, eff 5-20-21; ss by #13720, eff 8-12-23