North Carolina General Statutes 116-198.31. Purpose of Article
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The purpose of this Article is to authorize the Board of Governors of The University of North Carolina to issue revenue bonds, payable from any leases, rentals, charges, fees, and other revenues but with no pledge of taxes or the faith and credit of the State or any agency or political subdivision thereof, to pay the cost, in whole or part, of buildings, structures, or other facilities for the Centennial Campus, located at North Carolina State University at Raleigh, for the Horace Williams Campus located at the University of North Carolina at Chapel Hill, and for any Millennial Campus as defined by N.C. Gen. Stat. § 116-198.33(4b). ?(1987, c. 336, s. 1; 1999-234, s. 3; 2000-177, ss. 3, 4.)
Terms Used In North Carolina General Statutes 116-198.31
- Board: shall mean the Board of Governors of The University of North Carolina. See North Carolina General Statutes 116-198.33
- Centennial Campus: means all of the following properties:
- Horace Williams Campus: means all of the following properties:
- Millennial Campus: means all real property and appurtenant facilities designated by the Board of Governors as part of a Millennial Campus of a constituent institution or affiliated institution of The University of North Carolina other than North Carolina State University or the University of North Carolina at Chapel Hill. See North Carolina General Statutes 116-198.33
- revenues: shall mean all or any part of the rents, leases, charges, fees, and other income revenues derived from or in connection with any project or projects and existing facilities. See North Carolina General Statutes 116-198.33
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3