Illinois Administrative Code
Title 23 - EDUCATION AND CULTURAL RESOURCES
Part 1501 - ADMINISTRATION OF THE ILLINOIS PUBLIC COMMUNITY COLLEGE ACT
Subpart E - FINANCE
Section 1501.516 - Deferred Maintenance Grants

Universal Citation: 23 IL Admin Code ยง 1501.516

Current through Register Vol. 48, No. 12, March 22, 2024

a) Districts may apply annually to ICCB for approval of deferred maintenance grant projects. Requests for ICCB approval of deferred maintenance grant projects shall be submitted using forms prescribed by ICCB.

b) Expenditures of funds from this grant are limited to deferred maintenance projects that are within the scope of the definition of deferred maintenance grants contained in Section 1501.501.

c) Funds received from this grant shall be accounted for in the Operations and Maintenance Fund (Restricted) (see Section 1501.511(a)(7)).

d) Other sources of funding may be added to deferred maintenance grant funds to finance larger projects.

e) Projects shall be designed and constructed to meet all applicable facilities codes as specified in Section 1501.603(g).

f) Authority to approve deferred maintenance grant projects is delegated to the ICCB Executive Director.

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