Texas Education Code

§ 55.1754 — TEXAS STATE UNIVERSITY SYSTEM; ADDITIONAL BONDS

ED § 55.1754Title 3. HIGHER EDUCATION · Part A. HIGHER EDUCATION IN GENERAL · Ch. 55. FINANCING PERMANENT IMPROVEMENTS · Art. B. REVENUE BONDS AND FACILITIES

Statute text

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(a)In addition to the other authority granted by this subchapter, the board of regents of the Texas State University System may acquire, purchase, construct, improve, renovate, enlarge, or equip facilities, including roads and related infrastructure, for projects to be financed through the issuance of bonds in accordance with this subchapter and in accordance with a systemwide revenue financing program adopted by the board for the following institutions not to exceed the following aggregate principal amounts for the projects specified as follows:

(1)Lamar University, $4,500,000 for renovations and additions to the Lucas Engineering Building;

(2)Lamar State College--Orange, $1,837,280 for Hibernia Bank Building acquisition and renovation;

(3)Lamar State College--Port Arthur, $1,849,500 for a computer/learning center;

(4)Texas State University:

(A)$42,700,000 for an undergraduate academic center; and

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Legislative history

Acts 2013, 83rd Leg., R.S., Ch. 30 (S.B. 974), Sec. 9, eff. September 1, 2013.