Tex. Educ. Code Section 55.1734
Texas State University System; Additional Bonds

(a)

In addition to the other authority granted by this subchapter, the board of regents of the Texas State University System may issue in accordance with this subchapter and in accordance with a systemwide revenue financing program adopted by the board bonds for the following institutions not to exceed the following aggregate principal amounts to finance projects specified as follows:

(1)

Lamar University--Beaumont, $21,792,096 to renovate and repair campus buildings;

(2)

Lamar Institute of Technology, $5,301,960 to renovate Gentry Hall and convert it to classroom and laboratory use;

(3)

Lamar State College--Orange, $2,125,000 for campus landscaping, renovation of the old library for physical plant purposes, renovation of the Main Building and Electronics Commerce Resource Center, and demolition of the old physical plant building;

(4)

Lamar State College--Port Arthur, $7,650,000 to construct a performing arts and classroom building and to expand the Gates Memorial Library and develop an adjacent plaza;

(5)

Sam Houston State University, $18 million to renovate and expand the Farrington Building;

(6)

Texas State University, $18,436,500 to construct a business building; and

(7)

Sul Ross State University, $15,175,000 to renovate and expand the range animal science facility and science building annex and to carry out other building renovations.

(b)

The board may pledge irrevocably to the payment of those bonds all or any part of the revenue funds of an institution, branch, or entity of the Texas State University System, including student tuition charges. The amount of a pledge made under this subsection may not be reduced or abrogated while the bonds for which the pledge is made, or bonds issued to refund those bonds, are outstanding.

(c)

If sufficient funds are not available to the board to meet its obligations under this section, the board may transfer funds among institutions, branches, and entities of the Texas State University System to ensure the most equitable and efficient allocation of available resources for each institution, branch, or entity to carry out its duties and purposes.

(d)

Any portion of the proceeds of bonds authorized by this section for one or more specified projects at an institution that is not required for the specified projects may be used to renovate existing structures and facilities at the institution.
Added by Acts 2001, 77th Leg., ch. 1432, Sec. 3, eff. Sept. 1, 2001. Amended by Acts 2003, 78th Leg., ch. 386, Sec. 6, eff. Sept. 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 179 (H.B. 3564), Sec. 9, eff. September 1, 2007.
Acts 2013, 83rd Leg., R.S., Ch. 30 (S.B. 974), Sec. 8, eff. September 1, 2013.

Source: Section 55.1734 — Texas State University System; Additional Bonds, https://statutes.­capitol.­texas.­gov/Docs/ED/htm/ED.­55.­htm#55.­1734 (accessed May 4, 2024).

55.01
Definitions 55.02
Systemwide Revenue Financing Program 55.03
Minority-owned and Women-owned Businesses 55.04
Cumulative Effect 55.11
General Authority 55.12
Contracts for Joint Construction 55.13
Authority to Issue Revenue Bonds 55.14
Terms and Conditions 55.15
Disposition of Bond Proceeds 55.16
Board Responsibility 55.17
Pledges 55.18
Bonds Not Obligations of the State 55.19
Refunding Bonds 55.20
Approval and Registration of Bonds 55.21
Bonds Are Authorized Investments and Security for Deposits 55.22
Validation of Bonds and Proceedings 55.23
Cumulative Effect of Subchapter 55.24
Pledges Under Previous Laws to Remain in Effect 55.25
Applicability of Other Law 55.41
Refunding Bonds 55.111
Certain Allocated Funds to Be Designated as Capital Construction Assistance Projects 55.115
High-performance, Sustainable Design, Construction, and Renovation Standards for Certain Facilities 55.165
Oversight of Certain Capital Projects 55.171
Specific Institutions 55.172
The University of Texas--pan American 55.173
The University of Houston System 55.174
Texas Southern University 55.1714
The University of Texas System 55.1715
The University of Houston System 55.1716
Texas State University System 55.1717
University of North Texas and Texas College of Osteopathic Medicine 55.1718
Texas Woman’s University System 55.1722
The University of Texas System 55.1723
The University of Houston System 55.1724
Texas State University System 55.1725
University of North Texas and University of North Texas Health Science Center at Fort Worth 55.1726
Texas Woman’s University System 55.1728
Stephen F 55.1732
The University of Texas System 55.1733
The University of Houston System 55.1734
Texas State University System 55.1735
University of North Texas System 55.1736
Texas Woman’s University System 55.1738
Stephen F 55.1739
Texas Tech University System 55.1742
The University of Texas System 55.1743
The University of Houston System 55.1744
Southwest Texas State University 55.1749
Texas Tech University System 55.1752
The University of Texas System 55.1753
University of Houston System 55.1754
Texas State University System 55.1755
University of North Texas System 55.1756
Texas Woman’s University System 55.1758
Stephen F 55.1759
Texas Tech University System 55.1768
Stephen F 55.1769
Angelo State University 55.1782
The University of Texas System 55.1783
University of Houston System 55.1784
Texas State University System 55.1785
University of North Texas System 55.1786
Texas Woman’s University System 55.1788
Stephen F 55.1789
Texas Tech University System 55.1792
The University of Texas System 55.1793
University of Houston System 55.1794
Texas State University System 55.1795
University of North Texas System 55.1796
Texas Woman’s University 55.1797
Stephen F 55.1798
Texas Tech University System 55.1799
Texas Southern University 55.17391
Texas Southern University 55.17392
Texas State Technical College System 55.17491
Texas Southern University 55.17521
The University of Texas at Dallas: Limitations on Certain Debt Service Reimbursement 55.17591
Texas Southern University 55.17592
Texas State Technical College System 55.17721
The University of Texas Medical Branch at Galveston 55.17891
Texas Southern University 55.17892
Texas State Technical College System 55.17893
Midwestern State University 55.17991
Texas State Technical College System
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Accessed:
May 4, 2024

§ 55.1734’s source at texas​.gov