Texas Education Code

§ 55.1783 — UNIVERSITY OF HOUSTON SYSTEM; ADDITIONAL BONDS

ED § 55.1783Title 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 University of Houston System may acquire, purchase, construct, improve, renovate, enlarge, or equip property and 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 or entities, not to exceed the following aggregate principal amounts for the projects specified, as follows:

(1)the University of Houston:

(A)$63 million for construction of a health and biomedical sciences center; and

(B)$54 million for construction of a new academic building located in Sugar Land, Texas;

(2)the University of Houston--Clear Lake:

(A)$24,624,000 for construction of a health sciences and classroom building located in Pearland, Texas; and

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Legislative history

Acts 2025, 89th Leg., R.S., Ch. 197 (S.B. 2361), Sec. 17, eff. September 1, 2025.