Conn. Agencies Regs. § 10-287c-1 - Definitions

Current through March 4, 2022

As used in Sections 10-287c-1 to 10-287c-21, inclusive:

(1) "Applicant" means any local or regional board of education, regional educational service center, or incorporated or endowed high school or academy eligible for a school construction grant commitment pursuant to section 10-285b of the Connecticut General Statutes;
(2) "Commissioner" means the commissioner of the department of Construction Services;
(3) "Department" means the department of Construction Services;
(4) "Educational Specifications" means a description of the general nature and purpose of the proposed school building project, which may include the applicant's long range educational plan and the relationship of the proposed project to such plan; enrollment data and proposed project capacity; the nature and organization of the educational program; support facilities; space needs; accommodation for educational technology; specialized equipment; and site needs, and any other supporting documents deemed necessary by the commissioner;
(5) "Filing" means receipt;
(6) "Final grant payment" means the grant payment for a school construction project after which no further amount, other than an interest subsidy grant, is due the applicant, and its date shall be the date on which the check for such payment is issued or electronic transfer of funds is made;
(7) "Interest grant" means a grant for the state's share of interest costs on bonds or serial notes, or short term notes issued by a municipality to permanently finance the cost of a school building project;
(8) "Legislative body" means the board of education of a regional school district, the governing board of a regional educational service center or incorporated or endowed high school or academy eligible for a school construction grant commitment pursuant to said section 10-285b, or the governing body of any municipality;
(9) "Limited eligible projects" means those projects eligible for a reimbursement percentage other than the percentage described in Section 10-285a of the Connecticut General Statutes;
(10) "Permanently financed" means financed from the proceeds of serial notes or bonds, energy conservation lease purchase agreements, as defined in section 10-282 of the Connecticut General Statutes or other long-term debt instruments deemed acceptable or equivalent by the commissioner;
(11) "Project costs" means the aggregate of the costs properly chargeable to a project, as determined by the department, except interest on temporary borrowings;
(12) "Short term notes" means the method of funding of school construction projects as described in Section 10-289a of the Connecticut General Statutes;
(13) "Temporary borrowing" means amounts borrowed in anticipation of the receipt of the proceeds of serial notes or bonds.

Notes

Conn. Agencies Regs. § 10-287c-1
Effective October 3, 1995; Amended October 26, 2012

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