Colorado § 23-53-106 Board of trustees empowered to lease grounds

Colorado Statutes

§ 23-53-106 — Board of trustees empowered to lease grounds

Colorado·Title 23 Postsecondary Education·Art. Colorado Mesa University

For the
purpose of providing dormitories, living and dining halls, or cottages and equipment
for the use of Colorado Mesa university, and to enable the construction, financing,
and ultimate acquisition thereof, and to aid in improving undeveloped portions of
the grounds of Colorado Mesa university, the board of trustees is empowered to
lease grounds under its control to private persons or corporations for a term not
exceeding fifty years, subject to regulations as the board may prescribe and upon
the condition that private persons or corporations shall construct and equip on the
leased grounds buildings or improvements as the board of trustees designates or
approves, reimbursement for money invested therein to be secured from the rentals
of the buildings or from their sale to the

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For the
purpose of providing dormitories, living and dining halls, or cottages and equipment
for the use of Colorado Mesa university, and to enable the construction, financing,
and ultimate acquisition thereof, and to aid in improving undeveloped portions of
the grounds of Colorado Mesa university, the board of trustees is empowered to
lease grounds under its control to private persons or corporations for a term not
exceeding fifty years, subject to regulations as the board may prescribe and upon
the condition that private persons or corporations shall construct and equip on the
leased grounds buildings or improvements as the board of trustees designates or
approves, reimbursement for money invested therein to be secured from the rentals
of the buildings or from their sale to the board of trustees acting for the state.

Colorado § 23-53-106 (Board of trustees empowered to lease grounds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2003: Entire article R&RE, p. 783, � 5, effective July 1. L. 2011: Entire section amended, (SB 11-265), ch. 292, p. 1364, � 10, effective August 10.