20-25-441. Lease of university of Montana-Missoula property for stadium authorized. The board of regents may lease land or land and facilities to a private, nonprofit foundation organized to solicit, manage, and administer gift revenues on behalf of the university of Montana-Missoula for the purpose of renovation or construction by the foundation of a football stadium for the university of Montana-Missoula. The terms of the lease must be advantageous to the state and must include a guarantee that no commitment of funds to any portion of the initial construction, other than as approved in Senate Joint Resolution No. 14 of the 48th Legislature, is expressed or implied.
History: En. Sec. 1, Ch. 477, L. 1985; amd. sec. 36, Ch. 308, L. 1995.
Structure Montana Code Annotated
20-25-402. Borrowing by regents
20-25-403. State not obligated
20-25-404. Revenue-producing facilities considered as one
20-25-405. Restriction on use of state funds
20-25-406. Previous contracts unimpaired
20-25-407. Prior obligations not affected
20-25-408. through 20-25-420 reserved
20-25-421. Charges for tuition -- waivers
20-25-422. Support of university system
20-25-425. Control of expenditures
20-25-426. Donations, grants, gifts
20-25-427. Allocation of indirect cost reimbursements
20-25-428. Tribal college payment for services provided to resident nonbeneficiary students
20-25-429. and 20-25-430 reserved
20-25-435. through 20-25-438 reserved
20-25-439. Vocational-technical education -- mill levy required
20-25-440. Honors college program building
20-25-441. Lease of university of Montana-Missoula property for stadium authorized
20-25-442. Stadium construction on leased land
20-25-443. through 20-25-450 reserved
20-25-451. Interest on student activity fees
20-25-452. Student organizations functioning as political committees -- funding
20-25-453. and 20-25-454 reserved
20-25-455. Montana university system assistance program -- purpose -- duties of board of regents