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 to
borrow money on the credit of the income and revenues of Utah Valley State College, other than
appropriations of the Legislature, to finance the cost of constructing, furnishing, and equipping a
student center addition.
(2) The bonds or other evidences of indebtedness authorized by this section may not
exceed $13,500,000 and shall be issued in accordance with Title 53B, Chapter 21, Revenue
Bonds, 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
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Last revised: Wednesday, October 08, 2008