Section Ed 322.03 - Lease Agreements(a) A lease shall be approved by the legislative body of the district as prescribed in RSA 198:15-hh.(b) A lease shall only be approved for educational space to be used by a regional career and technical education center. Lease costs for administrative space, space for non-vocational technical education programs, and storage beyond what is required for vocational technical education programs in the regional vocational center shall not be eligible for reimbursement.(c) An initial lease shall be for a term of 10 years or less to be eligible to receive school lease aid.(d) The applicant shall be responsible for paying to the property owner all costs incurred through the lease School lease aid shall be considered a reimbursement of a portion of rental costs as authorized by RSA 198:15-hh, provided that sufficient funds are appropriated by the legislature and made available to the department.(e) A lease shall continue until its term expires. The sale of the property by the owner or a declaration of bankruptcy by the owner shall not terminate the agreement entered into with the district. (f) The lease shall provide for dedicated on-site parking for staff and students.(g) The lease shall state the parties responsible for carrying out the following activities, the procedures for carrying out such activities, and the cost of and payment for completing the activities at the regional career and technical education center: (h) Costs for utilities, heat, and the items listed in (g) above shall not be eligible for reimbursement.(i) The duties of property owners in Ed 322.07 shall be included in the provisions for each lease.(j) The lease for a regional career and technical education center and the center's programs shall be included in the annual review of the regional career and technical education center by the department under Ed 322.08.N.H. Admin. Code § Ed 322.03
#8086, eff 5-26-04; ss by #10363, eff 6-15-13
Amended by Volume XLI Number 23, Filed June 10, 2021, Proposed by #13207, Effective 5/20/2021, Expires 5/20/2031