(1) There is established in the General Fund an account to be known as the Campus Development Project Account. Funds in the account shall be used for remodeling, expansion and renovation of the current Law School Building and additions to Gilbert Hall.
(2) The account shall consist of federal and local government funds made available to and funds donated to the Oregon University System for the purposes of the Campus Development Project described in subsection (1) of this section. Interest earned on moneys in the account shall be credited to the account.
(3) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, and are continuously appropriated to the Department of Higher Education for that purpose. The account may not be credited with more than $5,700,000 in interest, donations and federal and local government funds for purposes of this subsection. [1997 c.584 §8; 2003 c.674 §14]
Note: 351.523 and 351.528 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 351 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.Section: Previous 351.516 351.517 351.518 351.519 351.520 351.521 351.522 351.523 351.524 351.525 351.526 351.527 351.528 351.529 351.530 Next
Last modified: August 7, 2008