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Section 19996 Of Article 2. Program Provisions From California Education Code >> Division 1. >> Title 1. >> Part 11. >> Chapter 12. >> Article 2.
19996
. (a) The estimated costs of a project for which an
application is submitted shall be consistent with normal public
construction costs in the applicant's area.
(b) An applicant wishing to construct a project having costs that exceed normal public construction costs in the area may apply for a grant in an amount not to exceed 65 percent of the normal costs up to a maximum of twenty million dollars ($20,000,000) per project if the applicant certifies that it is capable of financing the remainder of the project costs from other sources.
(b) An applicant wishing to construct a project having costs that exceed normal public construction costs in the area may apply for a grant in an amount not to exceed 65 percent of the normal costs up to a maximum of twenty million dollars ($20,000,000) per project if the applicant certifies that it is capable of financing the remainder of the project costs from other sources.
