Texas Education Code - Section 55.1752. The University Of Texas System; Additional Bonds
Legal Research Home >
Texas Lawyer > Education Code > Texas Education Code - Section 55.1752. The University Of Texas System; Additional Bonds
§ 55.1752. THE UNIVERSITY OF TEXAS SYSTEM; ADDITIONAL
BONDS. (a) In addition to the other authority granted by this
subchapter, the board of regents of The University of Texas 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) The University of Texas at Arlington, $70,430,000
for an Engineering Research Building;
(2) The University of Texas at Austin, $105 million
for the renovation of the Experimental Science Building;
(3) The University of Texas at Brownsville,
$33,800,000 for a Science and Technology Learning Center;
(4) The University of Texas at Dallas, $12 million for
a vivarium and experimental space;
(5) The University of Texas at El Paso, $76,500,000
for a physical sciences/engineering core facility;
(6) The University of Texas--Pan American:
(A) $6 million for the Starr County Upper Level
Center; and
(B) $39,796,000 for the fine arts academic and
performance complex;
(7) The University of Texas of the Permian Basin:
(A) $54 million for a science and technology
complex; and
(B) $45 million for an arts convocation and
classroom facility at the CEED;
(8) The University of Texas at San Antonio,
$74,250,000 for an engineering building (phase II);
(9) The University of Texas Southwestern Medical
Center at Dallas, $42 million for the north campus (phase 5);
(10) The University of Texas Medical Branch at
Galveston, $57 million for the Galveston National Laboratory;
(11) The University of Texas Health Science Center at
Houston, $60 million for a replacement building for The University
of Texas Dental Branch at Houston;
(12) The University of Texas Health Science Center at
San Antonio, $60 million for the South Texas Research Facility;
(13) The University of Texas Health Science Center at
Tyler, $21,120,000 for an academic health center;
(14) The University of Texas M. D. Anderson Cancer
Center, $40 million for a Center for Targeted Therapy research
building; and
(15) The University of Texas at Tyler:
(A) $6,300,000 for the expansion of the Palestine
campus; and
(B) $43,200,000 for the completion, renovation,
and expansion of engineering and sciences facilities.
(b) The board may pledge irrevocably to the payment of bonds
authorized by this section all or any part of the revenue funds of
an institution, branch, or entity of The University of Texas
System, including student tuition charges. The amount of a pledge
made under this subsection may not be reduced or abrogated while the
bonds for which the pledge is made, or bonds issued to refund those
bonds, are outstanding.
(c) If sufficient funds are not available to the board to
meet its obligations under this section, the board may transfer
funds among institutions, branches, and entities of The University
of Texas System to ensure the most equitable and efficient
allocation of available resources for each institution, branch, or
entity to carry out its duties and purposes.
Added by Acts 2006, 79th Leg., 3rd C.S., ch. 9, § 1, eff. May 26,
2006.
Section: 55.17411 55.1742 55.1743 55.1744 55.1749 55.17491 55.1751 55.1752 55.17521 55.1753 55.1754 55.1755 55.1756 55.1757 55.1758
Last modified: August 10, 2007
|
