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

Indiana Statutes

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

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

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.]

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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.]

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