Notification by Superintendent of Public Instruction. If DPS is notified by the Superintendent of Public Instruction that the Academy is subject to closure under Part 6a of the Code (“State’s Automatic Closure Notice”), then this Contract shall automatically terminate at the end of the current school year in which the notice is received without any further action of DPS or the Academy. Following receipt of the State’s Automatic Closure Notice, DPS shall forward a copy of the State’s Automatic Closure Notice to the Academy Board and request a meeting with Academy Board representatives to discuss the Academy’s plans and procedures for wind-up and dissolution of the Academy corporation at the end of the current school year. Immediately upon receipt of the State’s Automatic Closure Notice, the Academy shall establish the Academy Dissolution Account referenced in Section 14.07.
Appears in 2 contracts
Samples: Public School Academy Contract, Public School Academy Contract
Notification by Superintendent of Public Instruction. If DPS DPSCD is notified by the Superintendent of Public Instruction that the Academy is subject to closure under Part 6a of the Code (“State’s Automatic Closure Notice”), then this Contract shall automatically terminate at the end of the current school year in which the notice is received without any further action of DPS DPSCD or the Academy. Following receipt of the State’s Automatic Closure Notice, DPS DPSCD shall forward a copy of the State’s Automatic Closure Notice to the Academy Board and request a meeting with Academy Board representatives to discuss the Academy’s plans and procedures for wind-up and dissolution of the Academy corporation at the end of the current school year. Immediately upon receipt of the State’s Automatic Closure Notice, the Academy shall establish the Academy Dissolution Account referenced in Section 14.07.
Appears in 1 contract
Samples: Public School Academy Contract
Notification by Superintendent of Public Instruction. If DPS DPSCD is notified by the Superintendent of Public Instruction that the Academy is subject to closure under Part 6a of the Code (“State’s Automatic Closure Notice”), then this Contract shall automatically terminate at the end of the current school year in which the notice is received without any further action of DPS DPSCD or the Academy. Following receipt of the State’s Automatic Closure Notice, DPS DPSCD shall forward a copy of the State’s Automatic Closure Notice to the Academy PSA Board and request a meeting with Academy PSA Board representatives to discuss the Academy’s plans and procedures for wind-up and dissolution of the Academy corporation at the end of the current school year. Immediately upon receipt of the State’s Automatic Closure Notice, the Academy shall establish the Academy Dissolution Account referenced in Section 14.07.
Appears in 1 contract
Samples: Public School Academy Contract