Common use of Termination of Charter Clause in Contracts

Termination of Charter. 26.1 The SBE may terminate this Charter on any of the following grounds: a. Failure to meet the requirements for student performance; b. Failure to meet generally accepted standards of fiscal management; c. Violation of law; d. Material violation of any of the conditions, standards, or procedures set forth in the Charter; e. Two-thirds of the faculty and instructional support personnel at the Public Charter School request termination or nonrenewal; or f. Other good cause warranting nonrenewal or termination. 26.2 The following procedures will apply to the termination proceedings: a. When sufficient information exists to initiate termination of a Charter, DPI shall give the Nonprofit written notice of its intention to initiate revocation of the Charter. The notice will be sent by certified mail, return receipt requested, and shall state in reasonable detail the grounds for the recommendation. b. If information available to the SBE indicates that the Public Charter School’s current operation poses an immediate threat to the education, health, safety, or welfare of the Public Charter School’s students or employees or the public, the SBE may take appropriate protective action pending a final decision on the termination of the Charter. 26.3 If the Nonprofit objects to a termination or nonrenewal of the Charter, it must, within ten days following the date on which notice of the SBE’s action was mailed, deliver to the State Board of Education a written request for a review by the SBE. If the Nonprofit fails to deliver a timely request for review, the Charter shall terminate on the eleventh day after the date the notice was mailed in the case of a termination, or upon the expiration of the charter in the case of a nonrenewal. If a timely request for a review is made by the Nonprofit, the Chair of the SBE may approve an independent Hearing Officer to consider the appeal. The Hearing Officer may review the matter with or without a formal hearing. If the Hearing Officer elects to conduct a hearing, the hearing shall be held within 30 days of receipt of the written request, unless otherwise agreed to by the parties. At the conclusion of its review, the Hearing Officer shall submit a written recommendation to the SBE. Unless the SBE and the Nonprofit otherwise agree, the SBE shall make a final decision at its next regularly scheduled meeting. 26.4 In the event that the Nonprofit is required to cease operation for any reason, including but not limited to non-renewal, revocation, or voluntary surrender of the Charter, the Nonprofit shall comply with the SBE’s closure requirements. a) All assets purchased by or on behalf of the Nonprofit using public funds shall be preserved and used to pay the Nonprofit’s outstanding debts and liabilities. Pursuant to G.S. § 115C-218.100, all net assets become the property of the School District in which the Charter School is located. b) The Nonprofit shall transfer any student records to the county School District in which each student resides within the timetables designated by the Office of Charter Schools, but in no event later than June 30 of the closure year.

Appears in 3 contracts

Samples: Charter Agreement, Charter Agreement, Charter Agreement

AutoNDA by SimpleDocs

Termination of Charter. 26.1 The SBE CSRB, or on appeal, the SBE, may terminate this Charter on any of the following grounds: a. Failure to meet the requirements for student performance; b. Failure to meet generally accepted standards of fiscal management; c. Violation of law; d. Material violation of any of the conditions, standards, or procedures set forth in the Charter; e. Two-thirds of the faculty and instructional support personnel at the Public Charter School request termination or nonrenewal; or f. Other good cause warranting nonrenewal or termination. 26.2 The following procedures will apply to the termination proceedings: a. When sufficient information exists to initiate termination of a Charter, DPI shall give the Nonprofit written notice of its intention to initiate revocation of the Charter. The notice will be sent by certified mail, return receipt requested, and shall state in reasonable detail the grounds for the recommendation. b. If information available to the SBE or CSRB indicates that the Public Charter School’s current operation poses an immediate threat to the education, health, safety, or welfare of the Public Charter School’s students or employees or the public, the SBE or CSRB may take appropriate protective action pending a final decision on the termination of the Charter. 26.3 If the Nonprofit objects to a termination or nonrenewal of the Charter, it must, within ten days following the date on which notice of the SBECSRB’s action was mailed, deliver to the State Board of Education a written request for a review by the SBE. If the Nonprofit fails to deliver a timely request for review, the Charter shall terminate on the eleventh day after the date the notice was mailed in the case of a termination, or upon the expiration of the charter in the case of a nonrenewal. If a timely request for a review is made by the Nonprofit, the Chair of the SBE may approve an independent Hearing Officer to consider the appeal. The Hearing Officer may review the matter with or without a formal hearing. If the Hearing Officer elects to conduct a hearing, the hearing shall be held within 30 days of receipt of the written request, unless otherwise agreed to by the parties. At the conclusion of its review, the Hearing Officer shall submit a written recommendation to the SBE. Unless the SBE and the Nonprofit otherwise agree, the SBE shall make a final decision at its next regularly scheduled meeting. 26.4 In the event that the Nonprofit is required to cease operation for any reason, including but not limited to non-renewal, revocation, or voluntary surrender of the Charter, the Nonprofit shall comply with the SBE’s OCS, the CSRB, and the SBE closure requirements. a) All assets purchased by or on behalf of the Nonprofit using public funds shall be preserved and used to pay the Nonprofit’s outstanding debts and liabilities. Pursuant to G.S. § 115C-218.100, all net assets become the property of the School District in which the Charter School is located. b) The Nonprofit shall transfer any student records to the county School District in which each student resides within the timetables designated by the Office of Charter SchoolsOCS, but in no event later than June 30 of the closure year.

Appears in 2 contracts

Samples: Charter Agreement, Charter Agreement

Termination of Charter. 26.1 The SBE may terminate this Charter on any of the following grounds: a. Failure to meet the requirements for student performance; b. Failure to meet generally accepted standards of fiscal management; c. Violation of law; d. Material violation of any of the conditions, standards, or procedures set forth in the Charter; e. Two-thirds of the faculty and instructional support personnel at the Public Charter School request termination or nonrenewal; or f. Other good cause warranting nonrenewal or termination. 26.2 The following procedures will apply to the termination proceedings: a. When sufficient information exists to initiate termination of a Charter, DPI shall give the Nonprofit written notice of its intention to initiate revocation of the Charter. The notice will be sent by certified mail, return receipt requested, and shall state in reasonable detail the grounds for the recommendation. b. If information available to the SBE indicates that the Public Charter School’s current operation poses an immediate threat to the education, health, safety, or welfare of the Public Charter School’s students or employees or the public, the SBE may take appropriate protective action pending a final decision on the termination of the Charter. 26.3 If the Nonprofit objects to a the termination or nonrenewal of the Charter, it must, within ten days following the date on which notice of the SBE’s action was mailed, deliver to the State Board of Education a written request for a review by the SBE. If the Nonprofit fails to deliver a timely request for review, the Charter shall terminate on the eleventh day after the date the notice was mailed in the case of a termination, or upon the expiration of the charter in the case of a nonrenewalmailed. If a timely request for a review is made by the Nonprofit, the Chair of the SBE may approve an independent Hearing Officer a Review Panel to consider the appeal. The Hearing Officer Review Panel may review the matter with or without a formal hearing. If the Hearing Officer Review Panel elects to conduct a hearing, the hearing shall be held within 30 days of receipt of the written request, unless otherwise agreed to by the parties. At the conclusion of its review, the Hearing Officer Review Panel shall submit a written recommendation to the SBE. Unless the SBE and the Nonprofit otherwise agree, the SBE shall make a final decision at its next regularly scheduled meeting. 26.4 In the event that the Nonprofit is required to cease operation for any reason, including but not limited to non-renewal, revocation, or voluntary surrender of the Charter, the Nonprofit shall comply with the SBE’s closure requirements. a) All assets purchased by or on behalf of the Nonprofit using public funds shall be preserved and used to pay the Nonprofit’s outstanding debts and liabilities. Pursuant to G.S. § 115C-218.100, all net assets become the property of the School District in which the Charter School is located. b) The Nonprofit shall transfer any student records to the county School District in which each student resides within the timetables designated by the Office of Charter Schools, but in no event later than June 30 of the closure year.

Appears in 1 contract

Samples: Charter Agreement

Termination of Charter. 26.1 The SBE may terminate this Charter on any of the following grounds: a. Failure to meet the requirements for student performance; b. Failure to meet generally accepted standards of fiscal management; c. Violation of law; d. Material violation of any of the conditions, standards, or procedures set forth in the Charter; e. Two-thirds of the faculty and instructional support personnel at the Public Charter School request termination or nonrenewal; or f. Other good cause warranting nonrenewal or termination. 26.2 The following procedures will apply to the termination proceedings: a. When sufficient information exists to initiate termination of a Charter, DPI shall give the Nonprofit written notice of its intention to initiate revocation of the Charter. The notice will be sent by certified mail, return receipt requested, and shall state in reasonable detail the grounds for the recommendation. b. If information available to the SBE indicates that the Public Charter School’s 's current operation poses an immediate threat to the education, health, safety, or welfare of the Public Charter School’s 's students or employees or the public, the SBE may take appropriate protective action pending a final decision on the termination of the Charter. 26.3 If the Nonprofit objects to a the termination or nonrenewal of the Charter, it must, within ten days following the date on which notice of the SBE’s 's action was mailed, deliver to the State Board of Education a written request for a review by the SBE. If the Nonprofit fails to deliver a timely request for review, the Charter shall terminate on the eleventh day after the date the notice was mailed in the case of a termination, or upon the expiration of the charter in the case of a nonrenewalmailed. If a timely request for a review is made by the Nonprofit, the Chair of the SBE may approve an independent Hearing Officer a Review Panel to consider the appeal. The Hearing Officer Review Panel may review the matter with or without a formal hearing. If the Hearing Officer Review Panel elects to conduct a hearing, the hearing shall be held within 30 days of receipt of the written request, unless otherwise agreed to by the parties. At the conclusion of its review, the Hearing Officer Review Panel shall submit a written recommendation to the SBE. Unless the SBE and the Nonprofit otherwise agree, the SBE shall make a final decision at its next regularly scheduled meeting. 26.4 In the event that the Nonprofit is required to cease operation for any reason, including but not limited to non-renewal, revocation, or voluntary surrender of the Charter, the Nonprofit shall comply with the SBE’s 's closure requirements. a) All assets purchased by or on behalf of the Nonprofit using public funds shall be preserved and used to pay the Nonprofit’s outstanding debts and liabilities. Pursuant to G.S. § 115C-218.100, all net assets become the property of the School District in which the Charter School is located. b) The Nonprofit shall transfer any student records to the county School District in which each student resides within the timetables designated by the Office of Charter Schools, but in no event later than June 30 of the closure year.

Appears in 1 contract

Samples: Charter Agreement

AutoNDA by SimpleDocs

Termination of Charter. 26.1 The SBE may terminate this Charter on any of the following grounds: a. Failure to meet the requirements for student performance; b. Failure to meet generally accepted standards of fiscal management; c. Violation of law; d. Material violation of any of the conditions, standards, or procedures set forth in the Charter; e. Two-thirds of the faculty and instructional support personnel at the Public Charter School request termination or nonrenewal; or f. Other good cause warranting nonrenewal or termination. 26.2 The following procedures will apply to the termination proceedings: a. When sufficient information exists to initiate termination of a Charter, DPI shall give the Nonprofit written notice of its intention to initiate revocation of the Charter. The notice will be sent by certified mail, return receipt requested, and shall state in reasonable detail the grounds for the recommendation. b. If information available to the SBE indicates that the Public Charter School’s current operation poses an immediate threat to the education, health, safety, or welfare of the Public Charter School’s students or employees or the public, the SBE may take appropriate protective action pending a final decision on the termination of the Charter. 26.3 If the Nonprofit objects to a the termination or nonrenewal of the Charter, it must, within ten days following the date on which notice of the SBE’s action was mailed, deliver to the State Board of Education a written request for a review by the SBE. If the Nonprofit fails to deliver a timely request for review, the Charter shall terminate on the eleventh day after the date the notice was mailed in the case of a termination, or upon the expiration of the charter in the case of a nonrenewal. If a timely request for a review is made by the Nonprofit, the Chair of the SBE may approve an independent Hearing Officer to consider the appeal. The Hearing Officer may review the matter with or without a formal hearing. If the Hearing Officer elects to conduct a hearing, the hearing shall be held within 30 days of receipt of the written request, unless otherwise agreed to by the parties. At the conclusion of its review, the Hearing Officer shall submit a written recommendation to the SBE. Unless the SBE and the Nonprofit otherwise agree, the SBE shall make a final decision at its next regularly scheduled meeting.terminate 26.4 In the event that the Nonprofit is required to cease operation for any reason, including but not limited to non-renewal, revocation, or voluntary surrender of the Charter, the Nonprofit shall comply with the SBE’s closure requirements. a) All assets purchased by or on behalf of the Nonprofit using public funds shall be preserved and used to pay the Nonprofit’s outstanding debts and liabilities. Pursuant to G.S. § 115C-218.100, all net assets become the property of the School District in which the Charter School is located. b) The Nonprofit shall transfer any student records to the county School District in which each student resides within the timetables designated by the Office of Charter Schools, but in no event later than June 30 of the closure year.

Appears in 1 contract

Samples: Charter Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!