Code of Maryland Regulations
Title 14 - INDEPENDENT AGENCIES
Subtitle 39 - INTERAGENCY COMMISSION ON SCHOOL CONSTRUCTION
Chapter 14.39.02 - Administration of the Public School Construction Program
Section 14.39.02.23 - Non-Public School Use Exceeding 5 Years
Universal Citation: MD Code Reg 14.39.02.23
Current through Register Vol. 51, No. 6, March 22, 2024
When the LEA uses more than 10 percent of a school building other than as a public school for more than 5 years and the State has debt remaining for bonds, the proceeds of which were used to construct or renovate that school, the IAC may require the LEA to pay a proportion of any lease proceeds and assume the remaining State debt, all calculated as of the date the LEA first began to use the school for purposes other than as a school.
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