Section 94194 Of Article 7. Construction Of Facilities From California Education Code >> Division 10. >> Title 3. >> Part 59. >> Chapter 2. >> Article 7.
94194
. (a) Whenever the authority under Section 94190 undertakes to
construct, acquire or otherwise provide a project and to lease the
same to a private college, the lessee shall be responsible for the
direct operation and maintenance costs of such project and, in
addition, shall be responsible for the overall supervision of each
project, for the overhead and general administrative costs of the
lessee which are incurred because of such project and for the
integration of each project operation into the lessee's educational
program.
(b) Whenever the authority under Section 94191 makes loans for the
construction of a project, the private college at which such project
is located shall be responsible for the direct operation and
maintenance costs of such project and, in addition, shall be
responsible for the overall supervision of each project, for the
overhead and general administrative costs of the private college
which are incurred because of such project and for the integration of
each project operation into the institution's educational program.