Common use of Chartering Duties and Liabilities Clause in Contracts

Chartering Duties and Liabilities. The Commission, shall: i. Evaluate all applications submitted by this charter school, including properly submitted amendment requests, and act timely on any such applications or requests; ii. Monitor the performance and legal compliance of the School, in accordance with the requirements of the Act and the terms of the Charter and Contract; iii. Review all relevant information to determine whether the School merits suspension, revocation or nonrenewal. All evaluation and monitoring will be carried out using the processes and criteria established in the Accountability Plan in Attachment A; iv. Conduct all its activities in accordance with its chartering policies and practices, which shall be modified from time to time to be consistent with nationally recognized principles and standards for quality charter authorizing in all major areas of authorizing; and v. Promptly notify the Governing Body of the School of unsatisfactory fiscal, overall governance or student performance or legal compliance and provide reasonable opportunity for the governing body to remedy the problem; Any such notice shall be provided in accordance with the Accountability Plan as provided in Attachment A. vi. The Commission is not required to allow the school the opportunity to remedy the problem if the unsatisfactory review warrants revocation.