Section Ed 322.05 - Renewal of Leases(a) Leases may be renewed for a maximum of 10 years. Upon renewal, a lease agreement shall remain eligible to receive school lease aid if the department determines that the lease represents an efficient use of state and local resources.(b) The department shall use the following factors to make the determination that the lease represents an efficient use of space and local resources: (1) Space requirements as compared to available space;(2) Projected student enrollment;(3) Need for specialized space or equipment; and(c) Whether a lease is renewed shall be reviewed during the planning for future construction projects at the regional career and technical education center. Requirements being met through the regional career and technical education center shall be included in the planning for the construction project. A lease shall be terminated upon completion of the construction project.N.H. Admin. Code § Ed 322.05
#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