AgdaPkt 2003-03-10 - Laserfiche WebLink

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7, M FINAL (CODIFIED) TITLE 5 LIBRARY BOND ACT REGULATIONS Effective Date: January 4, 2002 CALIFORNIA READING AND LITERACY IMPROVEMENT AND PUBLIC LIBRARY CONSTRUCTION AND RENOVATION BOND ACT OF 2000 TITLE 5, DIVISION 2, CHAPTER 3, SECTIONS 20430, 20432, 20434, 20436, 20438, 20440, 20442, and 20444 ECTION 20440. GRANT APPLICATION REQUIREMENTS (3) Resolution certifying project budget, local funding commitment, supplemental funds, and public library operation The applicant's governing body shall certify the following by resolution and submit a copy of the resolution with the Application Form: (A) A commitment to provide the local matching fund amount identified in the Library Project Budget, as required by Education Code section 19995 (a), including and identifying any amounts to be credited to local matching funds pursuant to section 19995 (c) and (d). (B) A commitment to provide supplemental funds necessary to complete the project at the level stated in the project budget [See section 20436 (e)]. (C) The availability of the local matching and supplemental funds specified in the project budget when they are needed to meet cash flow requirements for the project. (D) The project budget contained in the Library Project Budget section of the Application Form. (E) The accuracy and truthfulness of all information submitted in the Application Form and the required supporting documents. (F) A commitment to operate the completed facility and provide public library direct service, unless the public library shall be operated in whole by a jurisdiction other than the applicant. (G) A commitment that the facility shall be dedicated to public library direct service use for a period of 40 years following completion of the project, regardless of any operating agreements the applicant may have with other jurisdictions or parties.