WVC 18 - 11 A- 1
§18-11A-1. Board of governors [board of regents] authorized to
issue revenue bonds for new buildings.
The board of governors of West Virginia University shall have
authority, as provided in this article, to issue revenue bonds of
the state, not to exceed ten million dollars in principal amount
thereof, to finance the costs of providing new buildings for the
college of agriculture, the agricultural experiment station, the
cooperative extension service, the college of engineering, the
engineering experiment station, and the school of mines of West
Virginia University. The principal of and interest on such bonds
shall be payable solely from the special nonrevolving fund herein
provided for such payment. The costs of any such building or
buildings shall include the cost of acquisition of land, the
construction and equipment of any such building or buildings, and
the provision of roads, utilities and other services necessary,
appurtenant or incidental to such building or buildings; and shall
also include all other charges or expenses necessary, appurtenant
or incidental to the construction, financing and placing in
operation of any such building or buildings.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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