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Section 92494 Of Article 3. Revenue Bonds From California Education Code >> Division 9. >> Title 3. >> Part 57. >> Chapter 5. >> Article 3.

92494
. (a) The University of California may fund pay-as-you-go capital outlay projects from its General Fund support appropriation pursuant to Sections 92495 and 92495.5.
  (b) For purposes of this section, "capital outlay project" means both of the following:
  (1) The costs to design, construct, or equip academic facilities to address seismic and life safety needs, enrollment growth, or modernization of out-of-date facilities, and renewal or expansion of infrastructure to serve academic programs.
  (2) The costs to design, construct, or equip energy conservation projects.