Section 302 – Capital development project loans.
Effective 3/24/2022 53F-10-302. Capital development project loans. (1) The panel may recommend and the state board may distribute capital project funding for a loan to an eligible school district to provide the required match amount described in Section 53F-10-301 for a capital development project that the panel has prioritized: (a) at an interest rate that […]
Section 102 – Capital development project proposal process — State board role.
Effective 3/24/2022 53F-10-102. Capital development project proposal process — State board role. (1) The state board shall make rules, in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, to establish a process for school districts to submit to the panel proposals for funding for capital development projects under this chapter, including: (a) the […]
Section 201 – Capital Projects Evaluation Panel.
Effective 3/24/2022 53F-10-201. Capital Projects Evaluation Panel. (1) There is created the Capital Projects Evaluation Panel to review, prioritize, and approve proposals for state funding of capital projects under this chapter. (2) The panel consists of the following members: (a) the state superintendent of public instruction or the state superintendent’s designee, who serves as chair […]
Section 202 – Panel duties.
Effective 3/24/2022 53F-10-202. Panel duties. (1) The panel shall: (a) determine criteria for: (i) the allowed uses of capital project fund resources described in Sections 53F-10-301 and 53F-10-302 and the prioritization of proposed capital development projects, including the extent to which a proposed project: (A) eliminates risks to student life and safety through renewal or […]
Section 301 – Capital development project grants.
Effective 3/24/2022 53F-10-301. Capital development project grants. (1) (a) Except as provided in Subsection (1)(b), after reviewing an eligible school district’s ability to independently generate project funding, the panel may recommend to the state board, and the state board may authorize a distribution of capital project funding in the following amounts to an eligible school […]