Student Enrollment Total in Permanent Facility Location Sample Clauses

Student Enrollment Total in Permanent Facility Location. The Charter School may enroll students up to a total maximum enrollment of 600 when in its permanent facility location. When the school is serving all authorized grades in its permanent facility location, increases in total enrollment numbers greater than 600 must be reported to the Authorizer and evaluated to determine if they are material changes to this agreement. Reductions in enrollment greater than 15% must be reported to the Authorizer and evaluated to determine if they are material changes to this Agreement. Until the school is serving all authorized grade levels, the Authorizer will annually evaluate the school against the enrollment listed by year in Exhibit 1. If, after completion of the annual enrollment evaluation, the Charter School’s actual enrollment falls below 15% of the projected enrollment, the Authorizer shall have the right to determine if the actual enrollment is a material change to this Agreement. Reductions in enrollment in successive years or changes that affect the financial solvency of the Charter School are considered material and shall require an amendment to this Agreement. Any change in enrollment that is considered to be material to this Agreement shall not be permitted unless a formal amendment to this Agreement is secured in advance according to the provisions outlined in T.C.A. § 49- 13-110(d), Commission Rule 1185-01-01-.04, and this Agreement.
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