|Agency bonds bill for university projects signed|
Eleven major construction projects at six state universities, including dormitory renovations, new student centers, and athletic facility improvements will soon be underway thanks to the quick passage of a bill that allows the schools to issue bonds for project financing – all at no cost to Kentucky taxpayers.
Gov. Steve Beshear, joined by a bipartisan group of legislative leaders and state university presidents, signed House Bill 7 into law today. The law authorizes $363.3 million in agency bonds by Kentucky’s public universities for campus improvements supported by university revenues, according to a news release from the governor's office.
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