In the case of site acquisition, a district may request that the state’s share of site assistance be provided to the district in amounts equal to the amount of the local match when the district enters escrow for a site included within a project.
(Added by Stats. 1998, Ch. 407, Sec. 4. Effective August 27, 1998.)
Terms Used In California Education Code 17072.33
- Escrow: Money given to a third party to be held for payment until certain conditions are met.