WEST VIRGINIA CODE
WVC 18 - 12 A- 1
§18-12A-1. Authority of board of regents to issue revenue bonds
for certain capital improvements.
The West Virginia board of regents shall have authority, as
provided in this article, to issue revenue bonds of the state,
not to exceed eight million five hundred thousand dollars in
principal amount thereof, which shall be in addition to the
revenue bonds heretofore authorized pursuant to this article, to
finance the cost of providing a new classroom and office
building, an addition to the library, renovation of
administration building, additional land for a new student center
building for Marshall University; and to acquire land and to
improve and add parking, educational and athletic facilities. 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 or
improvements 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 2012 1st Special Session