Section 100457 Of Article 1. Program Provision From California Education Code >> Division 14. >> Title 3. >> Part 68. >> Chapter 3. >> Article 1.
100457
. (a) Of the amount of bonds issued and sold pursuant to
subdivision (b) of Section 100455, one hundred sixty-five million
dollars ($165,000,000) shall be allocated in the 2000-01 fiscal year
to be available only for the following purposes:
(1) The development of new campuses of the University of
California.
(2) The development of new campuses, small campuses with
enrollments of less than 5,000 full-time equivalent students, and
off-campus centers at the California State University and the
California Community Colleges.
(b) The amount of the allocation of funds required pursuant to
this section for the development of new campuses may be reduced by a
future legislative act if the Legislature finds that state funds have
been provided from sources other than the proceeds of bonds for
capital outlay costs. The reduction shall be limited to the amount
actually provided from sources other than bond proceeds.