Section Ed 322.04 - Approval and Review of Leases(a) Each lease shall be reviewed by the applicant's attorney licensed in New Hampshire who is knowledgeable in contract law pertaining to such lease agreements. Applicants wishing to receive school lease aid shall submit certification to the department that the lease has been reviewed, approved, and signed.(b) The review shall be for the purpose of compliance with factual law and contains no factual errors.(c) The review shall be to determine compliance with contract law including no omissions and the lease has been amended as necessary.(d) A lease shall be reviewed and approved by the department using the following factors to determine that the lease represents an efficient use of state and local resources:(1) Space requirements as compared to available space at the existing regional career and technical education center and according to current standards for school building construction;(2) Projected student enrollment;(3) Need for specialized space or equipment; and(4) Cost compared to the cost of construction for an equivalent school facility.N.H. Admin. Code § Ed 322.04
#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