Sec. 10-287i. Progress payments of state share of eligible project costs.
Sec. 10-287i. Progress payments of state share of eligible project costs. A grant
under this chapter for any school building project authorized by the General Assembly
on or after July 1, 1996, or for any project for which application is made pursuant to
subsection (b) of section 10-283, on or after July 1, 1997, shall be paid as follows:
Applicants shall request progress payments for the state share of eligible project costs
calculated pursuant to sections 10-65, 10-76e and 10-286, at such time and in such
manner as the Commissioner of Education shall prescribe provided no payments shall
commence until the applicant has filed a notice of authorization of funding for the local
share of project costs, and provided further no payments other than those for architectural
planning and site acquisition shall be made prior to approval of the final architectural
plans pursuant to section 10-292. The Department of Education shall withhold five per
cent of a grant pending completion of an audit pursuant to section 10-287 provided, if
the department is unable to complete the required audit within six months of the date a
request for final payment is filed, the applicant may have an independent audit performed
and include the cost of such audit in the eligible project costs.
(June 18 Sp. Sess. P.A. 97-11, S. 45, 65.)
History: June 18 Sp. Sess. P.A. 97-11 effective July 1, 1997.