1 Colo. Code Regs. § 302-1-6.00

Current through Register Vol. 48, No. 1, January 10, 2025

Section 1 CCR 302-1-6.00 - Institute Charter School contract

1) If a proposed Institute Charter School is approved by the Institute Board, the applicant school and the Institute Board shall negotiate a Charter School contract. The Institute Board and the Institute Charter School shall conclude negotiations and agree upon all terms of the Charter School contract within forty-five (45) days of the date the Institute Board approves the Institute Charter School.

2) The approved Institute Charter School application shall serve as the basis of the contract between the Institute Charter School and the Charter School Institute.

3) The Institute may approve a new charter contract for an Institute Charter School for a period of four academic years, and the Institute may renew the charter contract for succeeding periods not to exceed five academic years.

4) Any material change to the terms of the Charter School contract may be made only with the written approval of the Institute Board and the governing body of the Institute Charter School.

5) The terms of the Charter School contract must include, but are not limited to:

a) A statement of each state law or rule or Institute Board policy for which a waiver is requested from the State Board or the Institute Board.

b) An agreement as to the services, other than necessary administration, oversight, and management services, to be provided to the Institute Charter School by any third party with which the Institute Charter School or the Charter School Institute contracts, including, for each such service:

i) the nature of the service.

ii) the anticipated vendor of the service.

iii) the cost of the service.

c) The minimum enrollment of the Institute Charter School for financial viability.

d) The finances required for contracted services for the Institute Charter School, including the source and application of funds.

1 CCR 302-1-6.00

38 CR 01, January 10, 2015, effective 1/31/2015

38 CR 21, November 10, 2015, effective 11/30/2015

39 CR 03, February 10, 2016, effective 3/1/2016