Texas Education Code - Section 55.1758. Stephen F. Austin State University
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§ 55.1758. STEPHEN F. AUSTIN STATE UNIVERSITY. (a) In
addition to the other authority granted by this subchapter, the
board of regents of Stephen F. Austin State University may acquire,
purchase, construct, improve, renovate, enlarge, or equip
facilities, including roads and related infrastructure, for
projects at Stephen F. Austin State University, to be financed
through the issuance of bonds in accordance with this subchapter
not to exceed the following aggregate principal amounts for the
projects specified as follows:
(1) $20,178,000 for an education research facility;
and
(2) $10 million for a campus deferred maintenance
reduction plan.
(b) The board may pledge irrevocably to the payment of bonds
authorized by this section all or any part of the revenue funds of
Stephen F. Austin State University, 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.
Added by Acts 2006, 79th Leg., 3rd C.S., ch. 9, § 1, eff. May 26,
2006.
Section: 55.1752 55.17521 55.1753 55.1754 55.1755 55.1756 55.1757 55.1758 55.1759 55.17591 55.17592 55.18 55.19 55.20 55.21
Last modified: August 10, 2007
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