TITLE 71: PUBLIC BUILDINGS, FACILITIES, AND REAL PROPERTY
CHAPTER I: CAPITAL DEVELOPMENT BOARD
SUBCHAPTER a: RULES
PART 43 EARLY CHILDHOOD CONSTRUCTION GRANT RULES
SECTION 43.190 PROPERTY USAGE


 

Section 43.190  Property Usage

 

a)         Any Early Childhood Center purchased, constructed, or improved with Grant funds shall continue to be operated by the grantee as an Early Childhood Center for a period of at least 10 years from completion of the Project.

 

b)         If, within 10 years after the completion of the Project for which a Grant was made under this Part, grantee ceases to use the property as an Early Childhood Center, the grantee shall refund to the Board a prorated amount of the Grant based on the number of months the grantee was not in compliance out of a total of 120 months.  Any partial month of noncompliance shall be included in the repayment amount.

 

(Source:  Added at 45 Ill. Reg. 11564, effective September 3, 2021)