Section 1040.21  Notice of Intent

Immediately after the Governing Board of any State-supported institution takes official action to authorize the planning or financing of a noninstructional capital project, the institution shall make this action known to the Board by completing a notice of intent on a form provided by the Board. The notice of intent shall, to the extent possible, include a description of the project, its purpose, the anticipated cost, the anticipated source of funds for purchase and construction, and the anticipated source of funds for operation and maintenance.  The notice of intent is distinct from and precedes a request for approval of the noninstructional capital project.

(Source:  Added at 33 Ill. Reg. 17322, effective December 8, 2009)