California Code of Regulations
Title 4 - Business Regulations
Division 10 - California Health Facilities Financing Authority
Chapter 1 - The Children's Hospital Program of 2018
Section 7010 - Approval of Grant and Notification of Grantee

Universal Citation: 4 CA Code of Regs 7010

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

(a) When an Initial Allocation for funding has been determined, Authority staff shall recommend to the Authority at its regularly scheduled meeting, that the Initial Allocation for consideration be approved as a Final Allocation.

(b) Any Final Allocation approved by the Authority shall be awarded as Grants to Grantees.

(c) For Children's Hospitals Applying Jointly, the Grant shall be awarded to the Children's Hospital designated as Lead Grantee.

(d) A Grant award letter that includes the following shall be sent to all Applicants approved for a Final Allocation:

(1) Name of the Grantee.

(2) Grant amount less Costs of Issuance and Administrative Costs.

(3) A statement that funding of the Grant is conditioned upon the Grantee meeting certain requirements as specified in the regulations implementing the Children's Hospital Program of 2018, including signing a Grant Agreement and submitting disbursement requests for eligible costs.

(4) A statement that funding of the Grant is contingent upon California's ability to issue bonds to support the Children's Hospital Program of 2018. Pursuant to Section 1179.87(g) of the Health and Safety Code, the Grant shall only be available if the Authority determines it has sufficient money available in the Children's Hospital Bond Act Fund of 2018.

1. New section filed 4-12-2019 as an emergency; operative 4-12-2019 (Register 2019, No. 15). A Certificate of Compliance must be transmitted to OAL by 10-9-2019 or emergency language will be repealed by operation of law on the following day.
2. New section, including amendment of subsections (d)-(d)(1), refiled 10-7-2019 as an emergency; operative 10-10-2019 (Register 2019, No. 41). A Certificate of Compliance must be transmitted to OAL by 1-8-2020 or emergency language will be repealed by operation of law on the following day.
3. New section, including 10-7-2019 amendments, refiled 1-8-2020 as an emergency; operative 1-9-2020 (Register 2020, No. 2). A Certificate of Compliance must be transmitted to OAL by 4-8-2020 or emergency language will be repealed by operation of law on the following day.
4. Certificate of Compliance as to 1-8-2020 order transmitted to OAL 12-3-2019 and filed 1-16-2020 (Register 2020, No. 3).

Note: Authority cited: Sections 1179.82, 1179.85 and 1179.87, Health and Safety Code. Reference: Sections 1179.85, 1179.87 and 1179.88, Health and Safety Code.

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