37-29-135 - Authority to lease for purposes of construction, repair, or rehabilitation of buildings or facilities.
§ 37-29-135. Authority to lease for purposes of construction, repair, or rehabilitation of buildings or facilities.
The board of trustees is authorized to lease land and/or buildings owned by the college to any governmental agency, political subdivision, corporation, partnership, joint venture, or individual for the purpose of enabling such persons to construct thereon or repair, renovate and rehabilitate any buildings or facilities the board may determine as necessary and beneficial for additional facilities, services or educational opportunities to the college, students, faculty or the community, and to lease such building and facilities to the college.
Sources: Laws, 1990, ch. 432, § 3, eff from and after passage (approved March 15, 1990).