The board of trustees is authorized to lease or rent buildings constructed under the provisions of this article from the private persons or corporations constructing the buildings upon such terms as it deems satisfactory as to current rental, maintenance, and ultimate purchase, paying therefor out of the revenues derived from the operation of the buildings by the board of trustees or from other funds under its control available for general maintenance purposes.
Source: L. 2003: Entire article R&RE, p. 788, § 6, effective July 1.
Editor's note: This section is similar to former § 23-56-106 as it existed prior to 2003.
Structure Colorado Code
Title 23 - Postsecondary Education
Article 56 - Western Colorado University
§ 23-56-101. University Established - Role and Mission
§ 23-56-102. Board of Trustees - Creation - Members - Powers - Duties
§ 23-56-103. Board of Trustees for Western Colorado University Fund - Creation - Control - Use
§ 23-56-104. Status and Control
§ 23-56-105. Board of Trustees Empowered to Lease Grounds
§ 23-56-106. No Authority to Obligate State
§ 23-56-107. Buildings - Control Of
§ 23-56-108. Board of Trustees May Rent Buildings
§ 23-56-109. To Be State Property at Lease End