SECTIONS 100110-100121 - California Statutes

EDUCATION CODE

SECTION 100110-100121

100110. The Legislature finds and declares all of the following:
(a) California's economic and social prosperity relies on a higher
education system that keeps pace with California's growth. In the
coming decades, the state's economic prosperity will depend on
increasing the productivity of the work force and on the ability to
compete successfully in the world marketplace.
(b) The system of public higher education in this state includes
the University of California, comprising nine campuses, the
California State University, comprising 22 campuses, including the
California Maritime Academy, a specialized institution, the
California Community Colleges, consisting of 71 districts and 107
campuses, the Hastings College of the Law, and their respective
off-campus centers. Each of these institutions plays a vital role in
maintaining California's dominance in higher education in the United
States.
(c) Over the last several years, studies have been completed by
the University of California, the California State University, and
the California Community Colleges to assess their long-term and
short-term capital needs. Those studies demonstrate that the
long-term and short-term needs total, in the aggregate, several
billion dollars.
(d) The purpose of this article is to assist in meeting the
capital outlay financing needs of California's public higher
education system.

100115. Nine hundred seventy-five million dollars ($975,000,000) of
the proceeds of bonds issued and sold pursuant to this chapter shall
be deposited in the 1996 Higher Education Capital Outlay Bond Fund,
which is hereby created.

100120. The Higher Education Facilities Finance Committee created
pursuant to Section 67353 shall be and is hereby authorized to create
a debt or debts, liability or liabilities, of the State of
California pursuant to this chapter for the purpose of funding aid to
the University of California, the California State University, the
California Community Colleges, and the Hastings College of the Law
for the construction, including the construction of buildings and the
acquisition of related fixtures; the equipping of new, renovated, or
reconstructed facilities; funding for the payment of preconstruction
costs, including, but not limited to, preliminary plans and working
drawings; renovation and reconstruction of facilities; and the
construction or improvement of off-campus facilities of the
California State University approved by the Trustees of the
California State University on or before July 1, 1990, including the
acquisition of sites upon which these facilities are to be
constructed.
The addition of the Hastings College of the Law to this section is
not intended to mark a change from the funding authorizations made
by Section 67354, as contained in the Higher Education Facilities
Bond Act of 1986, or Section 67334, as contained in the Higher
Education Facilities Bond Act of 1988, but is intended to state more
clearly what was intended by the Legislature in those sections as
well.

100121. The Board of Governors of the California Community Colleges
shall consider the historic significance of community college
district buildings that are 50 years of age or older if those
buildings are to be renovated, reconstructed, or demolished in
connection with the construction of buildings utilizing the funds
provided by this chapter.