53B-22-106 - Utah Valley State College revenue bonds -- Student center addition.
53B-22-106. Utah Valley State College revenue bonds -- Student center addition.
(1) The State Board of Regents, on behalf of Utah Valley State College, may issue, sell,and deliver revenue bonds or other evidences of indebtedness of Utah Valley State College toborrow money on the credit of the income and revenues of Utah Valley State College, other thanappropriations of the Legislature, to finance the cost of constructing, furnishing, and equipping astudent center addition.
(2) The bonds or other evidences of indebtedness authorized by this section may notexceed $13,500,000 and shall be issued in accordance with Title 53B, Chapter 21, RevenueBonds, under such terms and conditions and in such amounts as the board, by resolution,determines are reasonable and necessary.
Amended by Chapter 143, 2000 General Session