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7 <br /> each school level as of November 15th in each of the following ten years. <br /> These calculations shall be made in accordance with the provisions of <br /> Section La and Section Lb. and also in accordance with the remaining <br /> provisions of this section. <br /> b. On November 15th of the year in which the calculation above is made, the <br /> school building capacity numbers and the school membership numbers as <br /> of November 15th of that year are known figures (i.e. not projections). <br /> The twelve month period beginning on November 15th of the year in <br /> which the calculation is made and ending on November 14th of the <br /> following year is referred to as the"base year." <br /> G. Projections of school building capacity as of November 15th in each of the <br /> ten years following the base year shall be derived from the following: <br /> (i) A calculation of the existing building capacity within each school <br /> level; <br /> (ii) The anticipated opening date of schools under construction; <br /> (iii) The anticipated opening date of schools on the ten-year CIP for <br /> which funding has been committed by the Board of <br /> Commissioners as a result of an approved bond issue, an approved <br /> installment purchase agreement, or otherwise; and <br /> (iv) The anticipated closing dates of any schools within the School <br /> District. <br /> I In the first year in which the ordinance adopted pursuant to this <br /> Memorandum becomes effective, school membership figures as of <br /> November 15th in each of the succeeding ten years shall initially be <br /> assumed to be the same school membership figures as are determined for <br /> the base year. As CAPS are issued during the base year, school <br /> membership figures for the base year and succeeding years shall be <br /> modified to reflect the additional students from the developments for <br /> which CAPS are issued. <br /> e. On each November 15th following the first year in which the ordinance <br /> adopted pursuant to this Memorandum becomes effective, school <br /> membership figures as of November 15th in each of the succeeding ten <br /> years shall be determined by adding to the school membership figures for <br /> the base year the number of students projected to be added to the schools <br /> in each successive year by developments for which CAPS have been <br /> issued in accordance with this section. <br /> f. When an application for a CAPS is submitted, the School District shall <br /> determine the impact on school membership for each school level as of <br /> November 15th in each year of the period-during which the development is <br /> expected to be adding new students to the school system as the result of <br /> such new construction. In making this determination, the School District <br /> shall rely upon the figures established under Section 1 of this <br /> Memorandum as to the number of students at each level expected to be <br /> generated by each housing type, and data furnished by the applicable <br /> CADocuments and Settings\Administratorlocal Settings\Temp\mou for chccs cb version with geg chgs clean.doc 4 <br />