33-4004. ASSUMPTION OF CONSTRUCTION BONDS BY STATE BOARD OF EDUCATION. On or after January 1, 1969, Boise Junior College Housing Commission and the state board of education shall negotiate and agree with third persons holding revenue bonds issued by Boise Junior College Housing Commission for the construction of dormitory, residence and student union facilities for the assumption of said bonds by the state board of education in such manner as may be agreeable and lawful. The state board of education is hereby authorized, if required to effectuate this act, to issue its bonds for the refunding of the bonds of Boise Junior College Housing Commission issued prior to January 1, 1969, in the same manner that it may refund bonds issued by it as provided in the Educational Institutions Act of 1935, being Chapter 38 of Title 33, Idaho Code.
History:
[33-4004, added 1967, ch. 369, sec. 4, p. 1062.]