PUBLIC SCHOOL CAPITAL OUTLAY COUNCIL
2019-2020 APPLICATION FOR LEASE PAYMENT ASSISTANCE FOR CLASSROOM FACILITIES
Application Deadline: May 10, 2019
(Applications received after the deadline and incomplete applications will not be considered)
A separate Application MUST be completed for each site for which a lease exists and lease payment assistance is being requested. Each Application should be site specific and include student mem count and applicable leases for that site. Lease Assistance awards are applicable to occupied premises only.
New Mexico state law provides that the Public School Capital Outlay Council (PSCOC) may approve Applications for the purpose of making lease payments for classroom facilities. The PSCOC will make determination of the lease assistance awards based upon compliance with current statutory criteria.
At the end of each fiscal year, any unexpended or unencumbered balance of the grant award(s) will revert to the Public School Capital Outlay fund. No grant will be made for lease payments due pursuant to a financing agreement under which the facilities may be purchased for a price that is reduced according to the lease payments made unless:
It is a Lease Purchase Agreement approved by the Public Education Department (PED) pursuant to the provisions of the Public School Lease Purchase Act, Section 22-26A-4. NMSA 1978.
- Attach a complete and signed copy of the current or proposed Lease Agreement, Lease Purchase Agreement and/or any Lease Amendments, Inter-Governmental Agreements, Memorandums of Understanding or Joint Powers Agreements for the 2019-2020 school year (July 1, 2019- June 30, 2020) to the Application.
- Each Application submitted must include a signed copy of the PSCOC’s Conflict of Interest Questionnaire and a copy of the school district or charter school Conflict of Interest policy.
- Applications for lease assistance for locally chartered charter schools shall be made on behalf of charter schools by the school district and signed by the school district superintendent or designee. In the event the school district fails to submit or sign an application on behalf of a charter school, the charter may submit its application directly to the Public School Facilities Authority (PSFA).
The Lease Assistance Application, Section 22-8B-4.2 NMSA 1978 compliance Certifications and Lease Amendment, the PSCOC Annual Conflict of Interest Questionnaire, applicable Compliance Statutes, are available on NMPSFA’s website at: http://www.nmpsfa.org/
For Planning questions contact: Jo Eekhoff, Planning and Design Manager
Telephone: 505.468.0295 email@example.com
For Finance questions contact: Norma Ahlskog, Financial Specialist
Telephone: 505-468-0294 firstname.lastname@example.org
LEASE ASSISTANCE APPLICATION IS AVAILABLE FOR ONLINE SUBMISSION ONLY