Section 350.080 - Ability of Higher Education Coordinating Commission to accept and deposit moneys or property and to apply for fundsThe Higher Education Coordinating Commission may:
(1) Consistent with the laws of this state, accept money or property not otherwise provided for under subsection (2) of this section that is donated for the use or benefit of community colleges and use such money or property for the purpose for which it was donated. Until it is used, the commission shall deposit any moneys received under this subsection in a special fund with the State Treasurer as provided in ORS 293.265 to 293.275.(2) Apply for federal funds or funds from any other source and accept and enter into any contracts or agreements on behalf of this state for the receipt of such funds from the federal government, federal agencies or any other entity providing funding for: (a) Educational purposes;(b) Career and technical education programs at community colleges;(c) Adult education programs;(d) Workforce training programs; and(e) Any grants available to this state or its political subdivisions for general federal aid for community colleges and their auxiliary services, improvement of teacher preparation, teacher salaries, construction of school buildings, administration of the commission and any other educational activities under the jurisdiction of the commission.Amended by 2017 Ch. 66,§ 9, eff. 5/17/2017.