The 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.
The 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.
All 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 1397 E(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.
At 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:
D.C. Mun. Regs. tit. 10, r. 10-B5100