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Committee hears community colleges seek higher state matching cap for capital projects
Summary
House Bill 3635 would raise the per-college limit on the state's Article XI-G general obligation matching grant for community college capital projects from $8 million to $14.25 million; community college leaders testified rising construction costs and long-standing statutory caps make the update necessary for projects to remain feasible.
The House Committee on Higher Education and Workforce Development held a public hearing March 11 on House Bill 3635, a committee bill that would raise the per-college limit on the aggregate amount of general obligation bonds the state can issue for a single community college's capital construction project from $8,000,000 to $14,250,000.
John Wykoff, deputy director with the Oregon Community College Association, said the $8 million cap has been in place since…
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