Texas Education Code

§ 55.1784 — TEXAS STATE UNIVERSITY SYSTEM; ADDITIONAL BONDS

ED § 55.1784Title 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 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, not to exceed the following aggregate principal amounts for the projects specified, as follows:

(1)Lamar University, $60 million for construction of a science building;

(2)Lamar State College--Orange, $10 million for construction of a multipurpose education building;

(3)Lamar State College--Port Arthur, $8,080,000 for expansion of technology program facilities;

(4)Lamar Institute of Technology, $12,500,000 for construction and renovation of technical arts buildings;

(5)Texas State University:

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Legislative history

Added by Acts 2015, 84th Leg., R.S., Ch. 917 (H.B. 100), Sec. 1, eff. September 1, 2015.