15-1463. State contribution for capital outlay for initial or additional campus
A. This state, by legislative appropriation, shall pay to the district a sum equal to fifty per cent of the total cost for capital outlay for an initial campus in a newly formed district or in a county entering into an intergovernmental agreement for providing courses pursuant to section 15-1470, not to exceed one million dollars.
B. If a district board in an existing district determines the need for an additional campus or campuses, it shall submit a request to the joint legislative budget committee for review. This state, by legislative appropriation, shall pay a sum equal to fifty per cent of the total cost for capital outlay for each approved campus within the district, but not to exceed one million dollars at any one campus, including the purchase, erection, remodeling or completion of buildings and the purchase of equipment and facilities for educational or auxiliary purposes of the community college, excluding the cost of any land granted to the district and dormitories erected for the use of students or faculty members.
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