85-1520 Facilities; construct, purchase, repair, and equip; revenue bonds; authorized. - Nebraska Statutes

85-1520. Facilities; construct, purchase, repair, and equip; revenue bonds; authorized.Each board may construct, purchase, or otherwise acquire, remodel, repair, furnish, and equip dormitories, residence halls, single-dwelling units, multiple-dwelling units, or other facilities for (1) the housing or boarding of single or married students, faculty, or other employees of the institution under its control, (2) buildings and structures for student and faculty unions or centers, and (3) the medical care and other activities of the students of such institutions, on real estate owned or controlled by such board or on real estate purchased, leased, or otherwise acquired for such purpose and pay the cost thereof, including the cost of such real estate, by issuing revenue bonds payable solely out of the revenue from such buildings or facilities. Any such buildings or facilities shall be located on or adjacent to a campus or campuses controlled by such board. SourceLaws 1987, LB 329, § 3; R.S.1943, (1987), § 79-2650.08; Laws 1993, LB 239, § 42.