2607. APPLICATION PROCEDURE

2607 APPLICATION PROCEDURE 2607.1 In order to be eligible for a grant under the Program, an applicant shall file an application, with two (2) additional copies of the application, with the Committee for a grant under the Program. 2607.2 The application shall consist of the following information: (a) A description of the grant requested from the Program, including the amount of credit enhancement being requested, a description of the structure or form of the credit enhancement being requested (i.e. collateral), and a description of the proposed use of the grant proceeds; (b) The name of the applicant, including officers and key employees; (c) Certification that the applicant is authorized by two or more public charter schools to act on their behalf in obtaining financing to cover the cost of an eligible project; (d) The location of the project, including a description of the project's compliance with the zoning regulations of the District; (e) Whether the project is located in a Neighborhood Target area as established by the Office of Planning; (f) A description of the project (the description shall indicate whether the project constitutes the purchase, construction or renovation of school facilities, or a combination of some or all of these three (3) categories); (g) The type of charter school(s) to be located in the project; (h) The type of charter school(s) that will benefit as a result of the project; (i) The following information for each charter school to be located in, or that will benefit as a result of, the project: (1) The curriculum; (2) The age and grade level of students to be served; (3) The number of students to be served; and (4) Special programs or activities that will be provided by the charter school(s) to be located in, or that will benefit as a result of, the project; (j) A description of the financing of the project; (k) The name of the financial institution(s) that has approved the project's financing as required by § 2605.2 of these regulations; (l) A pro forma projection of the revenues and expenses of the project; (m) A description of the timing and phasing of the project; (n) An analysis demonstrating that the project cannot be financed without the requested grant; and (o) Any other information required by the Committee. SOURCE: Emergency Rulemaking published at 48 DCR 3900 (May 4, 2001) [EXPIRED]; as amended by Emergency Rulemaking published at 48 DCR 7782 (August 17, 2001) [EXPIRED]; as amended by Final Rulemaking published at 48 DCR 9815 (October 26, 2001).