§ 21-34-5-1 — Authority to collect building facilities fees

Indiana § 21-34-5-1

• Jurisdiction: Indiana
• Title 21: HIGHER EDUCATION
• Art. 34: STATE EDUCATIONAL INSTITUTIONS:
• Ch. 5: Building Facilities Fees; Building Facilities Fund

Text

In order to:
(1) provide funds with which to pay part or all of the cost of any
building facility, work, act, or undertaking authorized by IC 21-34-2, IC 21-34-3-1, or IC 21-34-3-3;
(2) pay part or all of the cost of acquiring real or personal property
by purchase, lease, sublease, condemnation, trade or exchange, or
otherwise as provided in section IC 21-34-3-4;
(3) pay part or all of the cost of improving any of the property;
(4) pay the principal of and interest on bonds issued under this
article; or
(5) perform the obligations of any joint-use agreements made
under IC 21-34-4;
the board of trustees of a state educational institution may, as
necessary, fix, charge, and collect a building facilities fee or fees.
[Pre-2007 Higher Education Recodification Citation:
20-12-6-4 part.]

Legislative History

As added by P.L.2-2007, SEC.275.