Section 1501.608  Approval of Projects from 110 ILCS 805/3-20.3.01

Projects proposed for construction under Section 3-20.3.01 of the Act shall meet the criteria listed in this Section.

a)         A proposed project shall meet the definition of "alter" or "repair" in Section 1501.601.

b)         A proposed project shall meet the definition of "facility" in Section 1501.601 and be owned by the district or leased where the district has assumed the obligation to make alterations or repairs.

c)         A proposed project shall not be considered a maintenance project.

d)         Projects to repair facilities shall be to correct a hazard.

e)         A proposed project shall have an estimate by a licensed architect or engineer and, if financed through bonds in accordance with Article IIIA of the Act, shall be estimated to cost no more than $4,500,000, unless otherwise stated in statute.  A project may have several component parts if these components clearly relate to the same objective.

f)         A proposed energy conservation project shall provide an estimated "pay back" of eight years or less as certified by a licensed architect or engineer.

g)         A project shall meet the codes specified in Section 1501.603(g)(2).

h)         If project costs are financed through bonds as referenced in subsection (e), all bonds for those purposes may not exceed $4,500,000 in the aggregate at any one time unless otherwise stated in statute.

(Source:  Amended at 41 Ill. Reg. 15723, effective December 18, 2017)