Common use of Facilities Shared by Charter School Clause in Contracts

Facilities Shared by Charter School. If the School moves out of a facility that is shared with another charter school having a separate Master School Identification Number, the School must provide for an audit of all equipment, educational materials and supplies, curriculum materials, and other items purchased or developed with federal charter school grant funds, and such items must be transferred to the School’s new location. The audit report must be submitted to the Sponsor within sixty (60) days after completion.

Facilities Shared by Charter School. ‌ If the School moves out of a facility that is shared with another charter school having a separate Master School Identification Number, the School must provide for an audit of all equipment, educational materials and supplies, curriculum materials, and other items purchased or developed with federal charter school grant funds, and such items must be transferred to the School’s new location. The audit report must be submitted to the Sponsor within sixty (60) days after completion.