Public School Facilities Authority

State of New Mexico Public School Facilities Authority

1312 Basehart Road, SE, Suite 200 Albuquerque, NM 87106 (505) 843-6272 (Phone); (505) 843-9681 (Fax) Website: www.nmpsfa.org M E M O R A N D U M

Date April 17, 2017

To: School Districts and Charter Schools

From: M. K. “Rocky” Kearney, Deputy Director, PSFA

Subject: 2017-2018 PSCOC Lease Assistance Grant Application

New Mexico state law provides that the Public School Capital Outlay Council (PSCOC) may approve lease assistance awards for the purpose of making reimbursements to school districts and charter schools for leasing classroom facilities.

Please be advised that effective July 1, 2015, a new charter school shall not open and an existing charter school shall not be renewed unless certain criteria are met. Criteria are pursuant to Subsection D of Section 22-8B-4.2 NMSA 1978. The requirements per statute are:

D. On or after July 1, 2015, a new charter school shall not open and an existing charter shall not be renewed unless the charter school: (1) is housed in a building that is: (a) owned by the charter school, the school district, the state, an institution of the state, another political subdivision of the state, the federal government or one of its agencies or a tribal government; or (b) subject to a lease-purchase arrangement that has been entered into and approved pursuant to the Public School Lease Purchase Act; or (2) if it is not housed in a building described in Paragraph (1) of this subsection, demonstrates that: (a) the facility in which the charter school is housed meets the statewide adequacy standards developed pursuant to the Public School Capital Outlay Act and the owner of the facility is contractually obligated to maintain those standards at no additional cost to the charter school or the state; and (b) either: 1) public buildings are not available or adequate for the educational program of the charter school; or 2) the owner of the facility is a nonprofit entity specifically organized for the purpose of providing the facility for the charter school.

Partnering with New Mexico’s communities to provide quality, sustainable school facilities for our students and edu cators State of New Mexico Public School Facilities Authority

1312 Basehart Road, SE, Suite 200 Albuquerque, NM 87106 (505) 843-6272 (Phone); (505) 843-9681 (Fax) Website: www.nmpsfa.org

A charter school that is not in compliance with the provisions of Subsection D of Section 22-8B-4.2 NMSA 1978 will not be eligible for a lease assistance award in FY18.

If applicable to your charter school, provide a copy of the Certification(s) and Lease Amendment submitted with your 2016-2017 Application or complete and include the applicable Certification(s) and Lease Amendment listed below:

Certification A - Public Facility; and/or Certification B - No Public Facility Available; and/or Certification C - Facility Owner - Non-Profit Foundation, and/or Lease Amendment - Owner Maintains Facility to Statewide Adequacy Standards Lease Amendment

Each Application submitted must include a copy of the most current Lease Agreement. If you have not relocated or amended your Lease Agreement submit copies of your 2016-2017 Certification(s) indicating compliance with statute (if applicable to your charter school), the PSCOC Annual Conflict of Interest Questionnaire, and a copy of the school district or charter school Conflict of Interest Policy.

Applications missing the requested documentation will not be considered for a 2017-2018 PSCOC lease assistance award. PSFA will not accept emailed copies of the Application. Applications must be received on or before 5:00 p.m. on Wednesday, May 17, 2017 via mail or hand delivery. Applications received after the due date will not be considered for the 2017-2018 PSCOC Lease Assistance Awards. Any substantive changes to your charter school’s Lease Agreement, its terms and conditions or named parties must be reported to PSFA within 30 days of the event.

The Lease Assistance Application, statute compliance Certifications and the PSCOC Annual Conflict of Interest Questionnaire are available on the PSFA website at http://www.nmpsfa.org/funding/special_funding.htm.

Applications for locally chartered charter schools must be submitted and signed by the superintendent of the chartering school district 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 PSFA. State chartered charter schools may submit their applications directly to PSFA.

Partnering with New Mexico’s communities to provide quality, sustainable school facilities for our students and edu cators State of New Mexico Public School Facilities Authority

1312 Basehart Road, SE, Suite 200 Albuquerque, NM 87106 (505) 843-6272 (Phone); (505) 843-9681 (Fax) Website: www.nmpsfa.org Awards for lease payment assistance are tentatively scheduled for the July, 2017 PSCOC meeting. The award determination is the maximum allowable lease reimbursement as determined by the PSCOC and the maximum allowable lease reimbursement may be adjusted downward up to 20% from prior years due to funding constraints. Quarterly reimbursement payments will begin October 1, 2017.

Submit completed applications to: Ms. Denise A. Irion, Chief Financial Officer Public School Facilities Authority 1312 Basehart Drive SE, Suite 200 Albuquerque, New Mexico 87106

Denise Irion, PSFA Chief Financial Officer and Norma Ahlskog, Financial Specialist, will be managing the Lease Assistance Application process and are available for any of your questions at 505-843-6272 or by email at: [email protected] or [email protected].

DAI/nra

Partnering with New Mexico’s communities to provide quality, sustainable school facilities for our students and edu cators