By implementing this Policy, Austin Community College District intends to:
- Provide Austin Community College District with the greatest possible flexibility in contracting with private entities or other persons to provide public services through qualifying projects;
- Create a transparent public process by which the College can openly consider and select from among various proposals and choices so that it can determine the method that best serves the needs of the College; and
- Facilitate bond financing or other similar financing mechanisms, private capital, and other funding sources that support the development or operation of qualifying projects in order to expand and accelerate financing for qualifying projects that improve the District and add to the convenience of the College’s students and the general public.
Process for Implementation
Austin Community College District hereby adopts the requirements and processes of Chapter 2267 of the Texas Government Code to engage in public private partnerships.
Before requesting or considering a proposal for a qualifying project, Austin Community College District must adopt and make publicly available guidelines that will enable the College to comply with the requirements of Chapter 2267 of the Texas Government Code. The Board hereby delegates to the President/CEO the responsibility for developing and issuing such guidelines in the form of Administrative Rules; such Guidelines will be reviewed by the Board. Notwithstanding such delegation, the guidelines adopted must encourage a transparent process of public competition, maintain appropriate public control and ownership, protect the public’s interest, maintain accountability, and result in the selection of projects that provide greater effectiveness or efficiency that would not exist without such a proposal. Selected projects must be approved by the Board.
The Austin Community College Board of Trustees adopted this policy on January 21, 2014.