PASEC definition
Examples of PASEC in a sentence
PASEC will pay the invoice in accordance with the Local Government Prompt Payment Act (50 ILCS 505/1, et seq.).
D308 will seek approval from PASEC for any additional specialized services or evaluations provided to their students (e.g., O&M or bilingual special education evaluation).
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The Executive Director shall be responsible for the daily administration and management of PASEC in accordance with these Articles of Joint Agreement, Executive Board policies and procedures, and applicable law.
Upon payment of the Purchase Price, and subject to the consummation of the transactions contemplated in the ACH Purchase Agreement, PASEC shall acquire lawful and valid title to the FPAS Shares and the FPAS Debt, free and clear of any and all Liens other than Permitted Liens or Liens created pursuant to this Agreement, the FPAS Operating Agreement, the Credit Agreement or the Related Documents.
By June 15 of each year, D308 will establish the actual final costs and issue a final invoice for any remaining balance to be paid by PASEC.
The Parties will prepare records and reports in accordance with the Individuals with Disabilities Education Act and Article 14 of the Illinois School Code and furnish such documents to each other for each PASEC student attending a D308 program.
After presenting a resolution authorizing withdrawal to the Executive Board and the Executive Director, a Member District seeking to withdraw from PASEC may present a written petition seeking to withdraw to the other PASEC Member Districts to seek their consent to the withdrawal.
Once PASEC has accounted for all of its assets and liabilities, any remaining assets after such accounting shall be distributed to each Member District, at the time of dissolution in accordance with each Member District's percentage of the Administrative Fee for the school year immediately preceding the date of dissolution.
The Secretary and Treasurer may be members of the PASEC or Member District staff.