2005 California Government Code Sections 15820.16 Article 2. Research Facilities

GOVERNMENT CODE
SECTION 15820.16

15820.16.  (a) The State Public Works Board may finance the
acquisition of land, buildings, related infrastructure, and equipment
and the construction, renovation, and equipping of research
facilities and related infrastructure on a site or sites owned by, or
subject to a lease or option to purchase held by, the University of
California, including buildings or facilities to be leased-purchased
by the United States Government.
   (b) The board shall lease-purchase to the Regents of the
University of California any public building or facility acquired,
constructed, renovated, or equipped pursuant to this article.  The
terms and the amount of the lease-purchase shall be determined by
mutual agreement of the parties.  The agreement shall provide that
the public building or facility, or portion thereof, that is
acquired, constructed, renovated, or equipped pursuant to this
article, shall be utilized for research.  The board shall contract
with the lessee for all activities required to acquire, plan,
construct, equip, and renovate these facilities.


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