Iowa § 262.56 Authorization — contracts — title

Iowa Statutes

§ 262.56 — Authorization — contracts — title

Iowa § 262.56

Title VIIEDUCATION, HISTORY, AND CULTURE

Ch. 262BOARD OF REGENTS

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Bluebook

Iowa Code § 262.56 (2026).

Text

Subject to and in accordance with the provisions of this subchapter the state board of
regents is hereby authorized to undertake and carry out any project as defined in section
262.55 at the state university of Iowa, Iowa state university of science and technology, and the
university of northern Iowa and to operate, control, maintain and manage student residence
halls and dormitories, including dining and other incidental facilities, and additions to such
buildings at each of said institutions. All contracts for the construction, reconstruction,
completion, equipment, improvement, repair or remodeling of any buildings, additions or
facilities shall be let in accordance with the provisions of section 262.34. The title to all
real estate acquired under the provisions of this subchapter and t

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Subject to and in accordance with the provisions of this subchapter the state board of
regents is hereby authorized to undertake and carry out any project as defined in section
262.55 at the state university of Iowa, Iowa state university of science and technology, and the
university of northern Iowa and to operate, control, maintain and manage student residence
halls and dormitories, including dining and other incidental facilities, and additions to such
buildings at each of said institutions. All contracts for the construction, reconstruction,
completion, equipment, improvement, repair or remodeling of any buildings, additions or
facilities shall be let in accordance with the provisions of section 262.34. The title to all
real estate acquired under the provisions of this subchapter and the improvements erected
thereon shall be taken and held in the name of the state of Iowa. The board is authorized
to rent the rooms in such residence halls and dormitories to the students, officers, guests
and employees of said institutions at such rates, fees or rentals as will provide a reasonable
return upon the investment, but which will in any event produce net rents, profits and
income sufficient to insure the payment of the principal of and interest on all bonds or
notes issued to pay any part of the cost of any project and refunding bonds or notes issued
pursuant to the provisions of this subchapter.