Okla. Stat. tit. 70, § 70-4412
This is the official text of Okla. Stat. tit. 70, § 70-4412, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.
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State aid for building purposes
Official statutory text
The Oklahoma State Regents for Higher Education shall have
authority to allocate state aid to community junior colleges meeting
the standards and criteria for accreditation by the State Regents,
for capital improvements purposes from funds appropriated by the
Oklahoma Statutes - Title 70. Schools Page 1647
State Legislature for this purpose, provided that a long-range
comprehensive plan for the campus development of the junior college
has been prepared by the institution and approved by the State
Regents. After approval of the plan the State Regents may allocate
from any funds available for such purpose not more than forty
percent (40%) of the estimated cost of proposed construction of
buildings and other capital improvements, provided that the
institution shall have furnished assurance to the State Regents that
the remaining sixty percent (60%) of the estimated cost of the
construction project will be provided in the form of federal and/or
local funds.
authority to allocate state aid to community junior colleges meeting
the standards and criteria for accreditation by the State Regents,
for capital improvements purposes from funds appropriated by the
Oklahoma Statutes - Title 70. Schools Page 1647
State Legislature for this purpose, provided that a long-range
comprehensive plan for the campus development of the junior college
has been prepared by the institution and approved by the State
Regents. After approval of the plan the State Regents may allocate
from any funds available for such purpose not more than forty
percent (40%) of the estimated cost of proposed construction of
buildings and other capital improvements, provided that the
institution shall have furnished assurance to the State Regents that
the remaining sixty percent (60%) of the estimated cost of the
construction project will be provided in the form of federal and/or
local funds.
Status: in_force · Read it on the official government site
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