State Codes and Statutes

Statutes > California > Edc > 67346-67346.5

EDUCATION CODE
SECTION 67346-67346.5



67346.  The proceeds of bonds issued and sold pursuant to this
chapter shall be deposited in the June 1990 Higher Education Capital
Outlay Bond Fund, which is hereby created.



67346.5.  (a) The committee 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,
and the California Maritime Academy for the construction, including
the construction of buildings and the acquisition of related
fixtures, 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, renovation,
and reconstruction of facilities, for the acquisition of sites upon
which these facilities are to be constructed, and for the equipping
of new, renovated, or reconstructed facilities, and to provide funds
for payment of preconstruction costs, including, but not limited to,
preliminary plans and working drawings. 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 more clearly state what was intended by the
Legislature in those sections as well.
   (b) Moneys made available under Section 67347.5 or 67347.7 may be
used to provide short-term loans to community colleges for the
purchase of instructional equipment. Those loans shall be repaid from
the first moneys available in the Capital Outlay Fund for Public
Higher Education beginning in the 1990-91 fiscal year, or from
proceeds of the bonds.

State Codes and Statutes

Statutes > California > Edc > 67346-67346.5

EDUCATION CODE
SECTION 67346-67346.5



67346.  The proceeds of bonds issued and sold pursuant to this
chapter shall be deposited in the June 1990 Higher Education Capital
Outlay Bond Fund, which is hereby created.



67346.5.  (a) The committee 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,
and the California Maritime Academy for the construction, including
the construction of buildings and the acquisition of related
fixtures, 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, renovation,
and reconstruction of facilities, for the acquisition of sites upon
which these facilities are to be constructed, and for the equipping
of new, renovated, or reconstructed facilities, and to provide funds
for payment of preconstruction costs, including, but not limited to,
preliminary plans and working drawings. 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 more clearly state what was intended by the
Legislature in those sections as well.
   (b) Moneys made available under Section 67347.5 or 67347.7 may be
used to provide short-term loans to community colleges for the
purchase of instructional equipment. Those loans shall be repaid from
the first moneys available in the Capital Outlay Fund for Public
Higher Education beginning in the 1990-91 fiscal year, or from
proceeds of the bonds.


State Codes and Statutes

State Codes and Statutes

Statutes > California > Edc > 67346-67346.5

EDUCATION CODE
SECTION 67346-67346.5



67346.  The proceeds of bonds issued and sold pursuant to this
chapter shall be deposited in the June 1990 Higher Education Capital
Outlay Bond Fund, which is hereby created.



67346.5.  (a) The committee 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,
and the California Maritime Academy for the construction, including
the construction of buildings and the acquisition of related
fixtures, 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, renovation,
and reconstruction of facilities, for the acquisition of sites upon
which these facilities are to be constructed, and for the equipping
of new, renovated, or reconstructed facilities, and to provide funds
for payment of preconstruction costs, including, but not limited to,
preliminary plans and working drawings. 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 more clearly state what was intended by the
Legislature in those sections as well.
   (b) Moneys made available under Section 67347.5 or 67347.7 may be
used to provide short-term loans to community colleges for the
purchase of instructional equipment. Those loans shall be repaid from
the first moneys available in the Capital Outlay Fund for Public
Higher Education beginning in the 1990-91 fiscal year, or from
proceeds of the bonds.