Page:United States Statutes at Large Volume 118.djvu/1380

 118 STAT. 1350 PUBLIC LAW 108–335—OCT. 18, 2004 applicant or Board of Trustees maintains its charter.’’; and (2) in paragraph (2)(A), by striking ‘‘preference’’ and inserting ‘‘a right to first offer’’; and (3) by adding at the end the following: ‘‘(3) CONVERSION PUBLIC CHARTER SCHOOLS.—Any District of Columbia public school that was approved to become a conversion public charter school under section 2201 before the effective date of this subsection or is approved to become a conversion public charter school after the effective date of this subsection, shall have the right to exclusively occupy the facili ties the school occupied as a District of Columbia public school under a lease for a period of not less than 25 years, renewable for additional 25 year periods as long as the school maintains its charter at the non profit rate, or if there is no non profit rate, at 25 percent less than the fair market rate for school use.’’. SEC. 343. ANNUAL REPORT TO CONGRESS. Section 2211 of the School Reform Act of 1995 (D.C. Code 38–1802.11) is amended by— (1) adding the following new subparagraph at the end of section 2211(a)(1): ‘‘(D) Shall ensure that each public charter school com plies with the annual reporting requirement of subsection 38–1802.04(b)(11) of this Act, including submission of the audited financial statement required by sub subsection (B)(ix) of that section.’’; and (2) adding the following before the period at the end of subparagraph (d): ‘‘(10) details of major Board actions; (11) major findings from school reviews of academic, financial, and compliance with health and safety standards and resulting Board action or recommendations; (12) details of the fifth year review process and outcomes; (13) summary of annual financial audits of all charter schools, including (a) the number of schools that failed to timely submit the audited financial statement required by that section; (b) the number of schools whose audits revealed a failure to follow required accounting practices or other material deficiencies; and (c) the steps taken by the authority to ensure that deficiencies found by the audits are rectified; (14) number of schools which have required intervention by authorizing board to address any academic or operational issue; (15) what rec ommendations an authorizing board has made to correct identified deficiencies’’. SEC. 344. TRANSFER TO DISTRICT OF COLUMBIA. (a) TRANSFER OF JURISDICTION.— (1) IN GENERAL.—Not later than 90 days after the date of enactment of this Act, subject to subsection (b), the Director of the National Park Service (referred to in this section as the ‘‘NPS’’), acting on behalf of the Secretary of the Interior, shall transfer jurisdiction to the government of the District of Columbia, without consideration, the property described in paragraph (2). (2) PROPERTY.—The property referred to in paragraph (1) is— Deadline.

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