Section 10-B5100. CRITERIA FOR SELECTING QUALIFYING SCHOOLS

 

5100.1The Deputy Mayor shall determine which District of Columbia public schools and public charter schools will be presented to the Council for approval as Qualifying Schools.

 

5100.2The Revenue Bond-Enterprise Zone Program within the Office of the Deputy Mayor shall be responsible for preparing application forms, soliciting applications, and processing and reviewing applications for designation as a Qualifying School and eligibility to receive Qualified Zone Academy Revenue Bond financing and shall assist the Deputy Mayor in the determination of which District of Columbia public schools and public charter schools will be presented to the Council for approval as Qualifying Schools.

 

5100.3All applications for designation as a Qualifying School and for eligibility to receive Qualified Zone Academy Revenue Bond financing shall contain a certification that the school and the school's application meet the standards set forth in section 1397E(d) of the Internal Revenue Code of 1986, approved August 5, 1997 (111 Stat. 821; 26 U.S.C. §1397E(d)), including, but not limited to, a certification that the improvement proposal will be an Eligible Project.

 

5100.4At his sole discretion, the Deputy Mayor may consider the following criteria when determining which schools will be presented to the Council for approval as Qualifying Schools and the proposed amount of Qualified Zone Academy Revenue Bond financing for each school presented to the Council:

 

(a)The specific improvements to be made pursuant to the school's improvement proposal;

 

(b)The level of need for physical or educational improvements at the school;

 

(c)The location of the school;

 

(d)The consistency of the improvement proposal with any District of Columbia small area plans, development plans, or other planning efforts;

 

(e)The level of participation of certified business enterprises in the improvement proposal;

 

(f)The level of commitment of the school to hire District residents to implement the improvement proposal;

 

(f)The level of commitment of private partners to the improvement proposal;

 

(g)The level and specific elements of the qualified contributions;

 

(h)Consistency of the improvement proposal with the Mayor's vision and plans for educational improvement in the District;

 

(i)The level of economic development in the area where the school is located;

 

(j)If the school is a public charter school, whether the school is in good standing with its chartering authority; and

 

(k)Whether the school's application for qualified zone academy revenue bond financing is timely filed.

 

source

Final Rulemaking published at 54 DCR 6940 (July 20, 2007).